The following chart shows deposits at commercial banks divided by GDP.
Savers will be rewarded when the cows come home.
After vacationing in Japan for a few decades, the cows recently launched into space and were last seen roaming the Alpha Centauri system.
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...
4 hours ago
3 comments:
The cows thought about Germany, but that's right out. At least Japanese 10 year bond rates are positive!
Kobe, or not Kobe, that is the question? ;)
At least Kobe they fatten the beef. In Germany, not so much.
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