Thursday, April 11, 2013

Wrong Way Siegel Strikes Again v.2

It's been a year since I made the wrong way claim. Let's see how Siegel is doing.

March 27, 2012
Wrong Way Siegel Strikes Again

Fed to Raise Rates `Well Before 2014' Siegel Says

They say that a picture's worth a thousand words. The following chart is no exception.

Click to enlarge.

Step right up ladies and gentlemen. Gasp in horror at the rising interest rates! For the love of all that is holy, avert your children's eyes!

In all seriousness, we're pretty darned close to the long-term trend line now. It's coming down to meet us.

Goshinpai naku.
Oyasumi nasai.

Source Data:
St. Louis Fed: Effective Federal Funds Rate

1 comment:

Stagflationary Mark said...

For those who are wondering what I wrote in Japanese...

Don't worry!
Good night and sweet dreams!