The following chart compares the 13-week average of the 30-year treasury yield (left scale, in red) to the 13-week average of the 2-year treasury yield (right scale, in blue).
Click to enlarge.
1. The cat is moving down (~0.8%) about 4 times faster than the mouse is moving up (~0.2%).
2. The cat seems to have a plan. The mouse seems to have some concern (as seen in October).
3. The cat enjoys playing with birds.
The mighty Fed hawk is all like, "Hey, cat, why won't you be playin' with me?"
And the cat is all like, "Get outta my business and stuff. Kitty tryin' to nap."
St. Louis Fed: Custom Chart
Bill Gates Embraces “Tax Robots” Socialist Idiocy: Four Questions for Gates - I am unsure who first came up with the idea of taxing robots, but the proposal has been embraced by academia, socialists, and in general, the radical Lef...
2 hours ago