while we slept; hindsight is 20/20 -Bernanke; FRED says; STOCKS > bonds -BlackRock; MSI turns positive!!
thebondbeat.substack.com
Good morning … Hindsight, they say, is 20/20. This morning wouldnt be the first time I’m confused … Let me explain. Here’s Bernanke circa 2010 explaining ‘the wealth effect’ and BOON to the consumer with LOWER INTEREST RATES, in a WaPO OpED … Lower corporate bond rates will encourage investment. And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion…
while we slept; hindsight is 20/20 -Bernanke; FRED says; STOCKS > bonds -BlackRock; MSI turns positive!!
while we slept; hindsight is 20/20 -Bernanke…
while we slept; hindsight is 20/20 -Bernanke; FRED says; STOCKS > bonds -BlackRock; MSI turns positive!!
Good morning … Hindsight, they say, is 20/20. This morning wouldnt be the first time I’m confused … Let me explain. Here’s Bernanke circa 2010 explaining ‘the wealth effect’ and BOON to the consumer with LOWER INTEREST RATES, in a WaPO OpED … Lower corporate bond rates will encourage investment. And higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion…