tag:blogger.com,1999:blog-5501578761718800303.post7883906041430485359..comments2022-05-16T05:54:36.039-04:00Comments on Talking Points, Meta: Real Time With Bill Maher: Counterpoints (3/1/13)rapier7http://www.blogger.com/profile/07734542594754572266noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5501578761718800303.post-2163439397570384812013-03-03T19:59:42.675-05:002013-03-03T19:59:42.675-05:00Don't bother. Just read the speech Bernanke ga...Don't bother. Just read the speech Bernanke gave on Friday.<br /><br />http://www.federalreserve.gov/newsevents/speech/bernanke20130301a.htmChargerCarlhttps://www.blogger.com/profile/12273242389934305333noreply@blogger.comtag:blogger.com,1999:blog-5501578761718800303.post-39153681025085053602013-03-03T14:29:55.441-05:002013-03-03T14:29:55.441-05:00The fundamental problem with having a long positio...The fundamental problem with having a long position like mine is that it only takes a few months to plunge a country into crisis. Markets are satisfied for now. But nobody can tell us with any reasonable degree of certainty what things will look like 5 years from now.rapier7https://www.blogger.com/profile/07734542594754572266noreply@blogger.comtag:blogger.com,1999:blog-5501578761718800303.post-8627123074786048232013-03-03T14:28:32.658-05:002013-03-03T14:28:32.658-05:00Currently. The weighted average maturity of US deb...Currently. The weighted average maturity of US debt is currently at 5.5 years and the 5 year note is currently yielding .744%, which indicates a negative real return on investment.<br /><br />When the latest edition of the Federal Reserve's flow of funds report comes out on March 7, I'll go through the figures and see how much undergirding the Fed supplied to the bond market last year.rapier7https://www.blogger.com/profile/07734542594754572266noreply@blogger.comtag:blogger.com,1999:blog-5501578761718800303.post-72286649553901051212013-03-02T05:18:42.332-05:002013-03-02T05:18:42.332-05:00"No coach would call a run on 4th and 15. But..."No coach would call a run on 4th and 15. But that's what we're doing now."<br /><br />And the invisible bond vigilantes continue their invisible attack...<br /><br />ChargerCarlhttps://www.blogger.com/profile/12273242389934305333noreply@blogger.comtag:blogger.com,1999:blog-5501578761718800303.post-91298283061514770552013-03-02T05:13:52.965-05:002013-03-02T05:13:52.965-05:00Erm, record low interest rates indicate that the o...Erm, record low interest rates indicate that the opportunity cost of government is at an all time low. So once again your economic model continues to baffle me.<br /><br />Second, the fact that Reagan ran up his massive deficit while the U.S. was experiencing good growth makes it even worse! The large deficits of the past few years are mostly a cyclical phenomenon. A result of depressed output lowering revenue and more people falling into our social safety net. Except for very early on in his Presidency, the same cannot be said for Reagan.<br />ChargerCarlhttps://www.blogger.com/profile/12273242389934305333noreply@blogger.com