Archive for: Bond and Treasury Market

“Wild Inflation” Coming to U.S., Italian Economist Warns

Deflation now. And a bad bout of inflation later. Oh, yes, mixed in with no growth. So go the predictions of Loretta Napoleoni, an Italian economist best known for her work on global money laundering and the financing of terror networks.

Why Are America’s Richest Investors Singing the Blues?

Two of America’s most successful investors – John Paulson and Bill Gross – are having horrible years. Paulson’s funds are down 30-40% this year. Gross’s total return fund returned 1.3% so far this year. More than 80% of similar funds did better.

Watered-Down Volcker Rule Gets Public Hearing

Finally the “Volcker Rule” (part of the Dodd-Frank Wall Street Reform and Consumer Protection Act) is getting its day in the court of public opinion. The rule is named after former Fed Chief Paul Volcker who didn’t want banks to mess around with depositors’ money.

Inflation-Indexed Treasuries Dip Below Zero to Record Lows

If you haven’t deserted the inflation bandwagon yet, do so right now. What we really should be worried about is deflation. Take a look at this scary chart…

Britain in Grip of Worst Ever Financial Crisis

The markets have rallied nicely so far this week, jumping three days in a row. In part, this rally is due to some celebration. For instance, Britain just shot its economy with a Ben Bernanke special – Quantitative Easing.

US Manufacturing Numbers Up, Market Tanks Anyway

US manufacturing did better than expected in September, according to the Institute for Supply Management’s manufacturing index.

China Protests Congress’ Move Against Cheap Yuan

Congress is considering a bill today that would allow American companies to seek countervailing duties against Chinese products priced unfairly. The US accuses China of under-valuing its currency by 25% to 40%. Sounds about right to me.

Bill Gross Admits He Messed Up When He Bet Against US Debt

Bill Gross dropped $150 billion worth of US government bonds earlier this year. Wrong move. But you’d be making a worse mistake today if you moved into…