The following chart shows the 5-year moving average of the natural log of the 3-month treasury bill yield. When using natural logs, constant exponential growth can be seen as a straight line.
Click to enlarge.
It’s a magical rainbow of hope and wonder!
See Also:
Charlie the Unicorn
Source Data:
St. Louis Fed: Custom Chart
Q1 GDP Tracking: Movin' on Up
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From BofA:
Since our update last week, *1Q GDP tracking is up two-tenths to 2.1% q/q
saar*. [Apr 19th estimate]
emphasis added
From Goldman:
We left ou...
5 hours ago
2 comments:
The St. Louis Arch of Prosperity, Gateway to the Decline of the West.
Mr Slippery,
It's a magical arch of hope and wonder!
The Double Arches of Prosperity
Comparable sales in the United States declined 1 percent, less than the 1.9 percent fall analysts expected.
Twice the arches, twice the hope and wonder!
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