Posts filed under “Federal Reserve”

Chart of the Week: 10 year Treasury 1974-2006

Greenspan garners all the credit for the low interest rates
of the past 20 years. We believe the chart below proves otherwise. The Oil
shock in the 1st half of the 1970s gave way to inflation shock of the 2nd half.

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10 year Treasury 1974-2006, Constant Maturity
Volcker_versus_greenspan

Source: RCP, Economagic

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When Volcker was appointed Fed Chair, inflation was in the
double digits and growth was stagnant. He forced unpleasant medicine down the
gullet of the American economy, limiting the growth of the money supply and
abandoning interest rate targeting. Inflation, which had peaked at 13.5% in
1981, was down to 3.2 percent by 1983.

 

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Random Items:

Americans Say Economy Is Getting Worse

The Reform of October 1979: How It Happened and Why

Technical Evidence Builds That We’re Near a Top

Media Lesson: How the not to cover the economy

U.S. IN TECHNICAL DEFAULT

Ignorance is the opposite of bliss

Partisans Adept at Ignoring Facts, Study Finds

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Quote of the Day: 

“A wise observer of the economic scene once commented that
‘what can be left to later, usually is – and then, alas, it’s too late.’”

-Paul Volcker, Federal Reserve Chairman, 1979-87

Category: Federal Reserve, Fixed Income/Interest Rates

Has the Fed Kept Inflation in Check?

Category: Currency, Federal Reserve, Inflation

Danger time?

Category: Economy, Federal Reserve, Real Estate

Category: Federal Reserve, Financial Press, Fixed Income/Interest Rates

NFP & Operation Quicksilver

Category: Economy, Federal Reserve

Fed Minutes

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation

A World of (mostly) Flattening Yield Curves

Category: Economy, Federal Reserve, Fixed Income/Interest Rates, Inflation

Gold & The Wizard of Oz

Category: Commodities, Federal Reserve, Inflation

2 Studies on the Flattening Yield Curve

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation, Technical Analysis

Explaining Yield Curve Inversions

Category: Economy, Federal Reserve, Fixed Income/Interest Rates, Inflation