Monday, April 6, 2015

Six Years Later: "Good News. No Economy"

ZH: April 3, 2015: 

2 Year Treasury aka. Forward interest rate expectations:


A weak jobs report is great as long as you don't need one:



"The "borrowed time" central banks have created with ultra-low interest rates following the collapse of Lehman Brothers in 2008 has not been well used. Cheap money makes it easier to borrow than to save, easier to spend than to tax, easier to remain the same than to change,"