Schedule for Week of May 19, 2024
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The key reports this week are April New and Existing Home Sales.
*----- Monday, May 20th -----*
10:30 AM: *Speech, Fed Vice Chair Philip Jefferson*, *U.S. ...
5 hours ago
5 comments:
I nearly named this post...
When "Sure Things" Break
The data was following that blue trend line extremely predictably right up to the point it wasn't.
That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.
Here are more examples:
Avalanche
Earthquake
Volcanic Eruption
...
...
T-bill rates?
Who knows?
Mr Slippery,
Camel's back! ;)
I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.
Just an opinion!
Look at the raw data.
It's the damned Loch Ness Monster.
http://research.stlouisfed.org/fredgraph.png?g=cOf
JzB
Jazzbumpa,
Damn it! Gridlock-ness Monster! ;)
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