For those with a close eye on the market, it’s hard not to notice a sharp selloff in bonds following the most recent election. Your humble writer doesn’t believe he can predict which ways the winds will blow in this regard but wanted to share what the potential causes are and what it could mean farther […]
Sometimes budgeting tricks undertaken by the Federal Government boggle the mind. Take, for example, the Treasury debt ‘held’ by the Social Security Trust Fund. The trust fund operates much like a pyramid scheme… except investors are new generations of workers and they have no way to opt out.
This article is not about Social Security. It’s about the Federal Deposit Insurance Company, better known as the FDIC.
In an earlier article, I detailed how you could check on inflation expectations using information publicly available from the Department of the Treasury. Using the data they provide, it is simple to calculate the market’s expectations for inflation over the next 5, 7, 10, and 20 Year periods. Let’s take another look not at the 2009 inflation rate, but the expected inflation rate of the future viewed through ‘2009’ colored glasses.