Those are examples of fees to be charged by companies, not who should determine interest rates.
Fixed realtor fees are a prime example of what happens when prices are not determined by a free market and are >determined and enforced by groups such as MLS who represent those collecting the fees. FED is no different, it sets >rates collected by its member banks. Realtor fee price fixing is highly illegal (finally being challenged). Bank interest >rate price fixing should be equally illegal.
Those are examples of fees to be charged by companies, not who should determine interest rates.
Fixed realtor fees are a prime example of what happens when prices are not determined by a free market and are >determined and enforced by groups such as MLS who represent those collecting the fees. FED is no different, it sets >rates collected by its member banks. Realtor fee price fixing is highly illegal (finally being challenged). Bank interest >rate price fixing should be equally illegal.
The Fed doesn't control long-term interest rates.
sure it does. a string of short term errors creates one long term error.
anyone who controls a series of short term influences has control over long term results.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Those are examples of fees to be charged by companies, not who should determine interest rates.
Fixed realtor fees are a prime example of what happens when prices are not determined by a free market and are >determined and enforced by groups such as MLS who represent those collecting the fees. FED is no different, it sets >rates collected by its member banks. Realtor fee price fixing is highly illegal (finally being challenged). Bank interest >rate price fixing should be equally illegal.
The Fed doesn't control long-term interest rates.
sure it does. a string of short term errors creates one long term error.
anyone who controls a series of short term influences has control over long term results.
Like a parent who always influences right from wrong is responsible when the grown child does wrong?
Those are examples of fees to be charged by companies, not who should determine interest rates.
Fixed realtor fees are a prime example of what happens when prices are not determined by a free market and are >determined and enforced by groups such as MLS who represent those collecting the fees. FED is no different, it sets >rates collected by its member banks. Realtor fee price fixing is highly illegal (finally being challenged). Bank interest >rate price fixing should be equally illegal.
The Fed doesn't control long-term interest rates.
sure it does. a string of short term errors creates one long term error.
anyone who controls a series of short term influences has control over long term results.
Like a parent who always influences right from wrong is responsible when the grown child does wrong?
no, it's like a child who makes continuous financial bad decisions and wonders why he does not end up wealthy.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@jmski52 said: The Fed doesn't control long-term interest rates.
Then, who is buying the long bonds that are pushing the 30 year rates down right now?
It’s not you. It’s not me. It’s not derryb. It’s not even coho.
Coho bought a bunch of bonds at end of April.
These guys are buying a heck of a lot more than Coho. And being that their funds are in many investment portfolios, including 401k and pension plans, J6P is also buying bonds. I'm still baffled as to why you think no one is buying bonds.
Short term, or long term? As you know, it makes a big difference.
As you ought to know, the Treasury is rolling over their long term bonds issued at 1% to 2% into short term treasuries at 4% to 5%, and this will continue to accelerate the national debt and the interest payments on it.
And I’m also sure that you know that this is a major reason that the whole banking complex is under water, needing bail-ins & consolidations.
Pimco says ‘Generational Reset’ on Yields to Spur a Bond Revival
Only because it will take (much) higher rates to entice more suckers (and the Fed itself) into the bond market as the debt & money-printing continues to explode beyond the point of management.
Q: Are You Printing Money? Bernanke: Not Literally
.................which means exactly nothing in the context of this conversation........................
The only "buyer" is the Fed from their Cayman Islands, Luxemburg and Ireland accounts.
If yields on 30 year treasuries are less than the yields on shorter term treasuries, why would anyone buy them when they can take less risk for more yield on a shorter term T-bill?
Why would coho recommend 30 year treasuries to a client when he can get an 8 year for less risk and higher yield? He wouldn't. So he's being hypocritical to say that there's too many buyers for the longer term bond.
Too many buyers. Hah. The Fed is buying their own crap, but nobody else is.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Too many buyers = price goes up = yields go down
.................which means exactly nothing in the context of this conversation........................
The only "buyer" is the Fed from their Cayman Islands, Luxemburg and Ireland accounts.
If yields on 30 year treasuries are less than the yields on shorter term treasuries, why would anyone buy them when they can take less risk for more yield on a shorter term T-bill?
Why would coho recommend 30 year treasuries to a client when he can get an 8 year for less risk and higher yield? He wouldn't. So he's being hypocritical to say that there's too many buyers for the longer term bond.
Too many buyers. Hah. The Fed is buying their own crap, but nobody else is.
Nothing of what you wrote is accurate and I'm sorry you don't understand how any of this works. I'm also sorry you are so angry.
Life is not easy on many many people I count myself lucky and I am not rich by any means. But I have a home and daily food (not the best and not the worst). I own a pet and have my hobbies (collecting coins, reading books, cooking, video games, old movies, spend time with close family and so on). I do not own a car I take public transportation and I almost never go out unless to buy food or necessities (I order pizza and Chinese food a few times per year and no longer go out to restaurants). I exercise for free outdoors almost daily (walking cost nothing). As long as I have these things life is pretty good.
No wife and never had kids never could afford it and simply accepted it and moved on. I would like to have 2 pets but is costs to much so 1 is what I own and that is OK and he gets a better life because of it.
Trick in life is not looking for happiness but to simply be content with the life you do have. Happiness is a bonus.
@morgansforever said:
Motorcraft FL1A oil filter at Autozone, $15.99 as of last week, up over 100% from 40 months ago.
You can price check on the Internet.
Maybe cheaper at O'Reilly's or Walmart?
That reminds me, I need filters for the Toyota... eBay was the best place for those last time in a 6 pack.
@morgansforever said:
Motorcraft FL1A oil filter at Autozone, $15.99 as of last week, up over 100% from 40 months ago.
You can price check on the Internet.
Maybe cheaper at O'Reilly's or Walmart?
That reminds me, I need filters for the Toyota... eBay was the best place for those last time in a 6 pack.
I see $12.36 at Walmart, $8.50 on eBay. Perhaps it's the Autozone that's inflated? RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Could be my imagination, but seems the 'free' shipping supplies selections on ebay have all taken a jump in price. Can't afford the 'free' supplies anymore.... oh well.
@tincup said:
Could be my imagination, but seems the 'free' shipping supplies selections on ebay have all taken a jump in price. Can't afford the 'free' supplies anymore.... oh well.
i believe they did away with the free coupons for ebay stores a while back.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
@tincup said:
Could be my imagination, but seems the 'free' shipping supplies selections on ebay have all taken a jump in price. Can't afford the 'free' supplies anymore.... oh well.
i believe they did away with the free coupons for ebay stores a while back.
I'm referring to the $25 credit that ebay store owners get for ebay shipping items such as boxes, padded envelopes, etc. that are sold by ebay stores. Don't know about anyone else, but I still get that... was just going to apply it and get some supplies, but seems available items are just too expensive anymore. Used to be there were a reasonable number that could be obtained for the amount.
But now, seems to be only a few, unless you are willing to pay the extra amounts. Problem is, even with a $25 credit on the ebay brand, price is getting up there.
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
@tincup said:
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
@tincup said:
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
@tincup said:
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
@tincup said:
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
Comments
The gutter write-offs certainly lessen the tax burden. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
The Fed doesn't control long-term interest rates.
sure it does. a string of short term errors creates one long term error.
anyone who controls a series of short term influences has control over long term results.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Like a parent who always influences right from wrong is responsible when the grown child does wrong?
Knowledge is the enemy of fear
no, it's like a child who makes continuous financial bad decisions and wonders why he does not end up wealthy.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Good lesson on modern interest rates
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Your tax dollars at work. Milk and cheese should be free, or we should stop the subsidies.
Knowledge is the enemy of fear
The Fed doesn't control long-term interest rates.
Then, who is buying the long bonds that are pushing the 30 year rates down right now?
It’s not you. It’s not me. It’s not derryb. It’s not even coho.
I knew it would happen.
Coho bought a bunch of bonds at end of April.
These guys are buying a heck of a lot more than Coho. And being that their funds are in many investment portfolios, including 401k and pension plans, J6P is also buying bonds. I'm still baffled as to why you think no one is buying bonds.
Pimco Says ‘Generational Reset’ on Yields to Spur a Bond Revival https://www.bloomberg.com/news/articles/2024-06-04/pimco-says-generational-reset-on-yields-to-spur-a-bond-revival
Knowledge is the enemy of fear
Coho bought a bunch of bonds at end of April.
Short term, or long term? As you know, it makes a big difference.
As you ought to know, the Treasury is rolling over their long term bonds issued at 1% to 2% into short term treasuries at 4% to 5%, and this will continue to accelerate the national debt and the interest payments on it.
And I’m also sure that you know that this is a major reason that the whole banking complex is under water, needing bail-ins & consolidations.
Pimco says ‘Generational Reset’ on Yields to Spur a Bond Revival
Only because it will take (much) higher rates to entice more suckers (and the Fed itself) into the bond market as the debt & money-printing continues to explode beyond the point of management.
I knew it would happen.
Average maturity of about 8 years.
Knowledge is the enemy of fear
Average maturity of about 8 years.
Why not 30 year?
I knew it would happen.
Yield curve.
Knowledge is the enemy of fear
Yield curve.
Gee, why doesn’t the yield curve favor 30 year treasuries like it should?
I knew it would happen.
Too many buyers.
Knowledge is the enemy of fear
Too many buyers.
If there were too many buyers for the 30 year treasuries, the yield curve wouldn't be inverted. Do you advise your clients this way?
I knew it would happen.
First member of G7 to throw in the towel (this time around).
Canada cuts rates from 5% to 4.75%
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
More Inflation
I knew it would happen.
@jmski52 said:
“Too many buyers.
If there were too many buyers for the 30 year treasuries, the yield curve wouldn't be inverted. Do you advise your clients this way?”
Too many buyers = price goes up = yields go down
@derryb said:
“First member of G7 to throw in the towel (this time around).”
ECB as well. But Powell is standing firm.
Yup. Again, he demonstrated he has no idea what he's actually talking about.
Knowledge is the enemy of fear
Too many buyers = price goes up = yields go down
.................which means exactly nothing in the context of this conversation........................
The only "buyer" is the Fed from their Cayman Islands, Luxemburg and Ireland accounts.
If yields on 30 year treasuries are less than the yields on shorter term treasuries, why would anyone buy them when they can take less risk for more yield on a shorter term T-bill?
Why would coho recommend 30 year treasuries to a client when he can get an 8 year for less risk and higher yield? He wouldn't. So he's being hypocritical to say that there's too many buyers for the longer term bond.
Too many buyers. Hah. The Fed is buying their own crap, but nobody else is.
I knew it would happen.
Nothing of what you wrote is accurate and I'm sorry you don't understand how any of this works. I'm also sorry you are so angry.
Knowledge is the enemy of fear
Nothing of what you wrote is accurate and I'm sorry you don't understand how any of this works. I'm also sorry you are so angry.
I'm doing fine and you're projecting your own anger.
Inflation is going out of control and the Fed is causing it with massive money printing.
I knew it would happen.
Life is not easy on many many people I count myself lucky and I am not rich by any means. But I have a home and daily food (not the best and not the worst). I own a pet and have my hobbies (collecting coins, reading books, cooking, video games, old movies, spend time with close family and so on). I do not own a car I take public transportation and I almost never go out unless to buy food or necessities (I order pizza and Chinese food a few times per year and no longer go out to restaurants). I exercise for free outdoors almost daily (walking cost nothing). As long as I have these things life is pretty good.
No wife and never had kids never could afford it and simply accepted it and moved on. I would like to have 2 pets but is costs to much so 1 is what I own and that is OK and he gets a better life because of it.
Trick in life is not looking for happiness but to simply be content with the life you do have. Happiness is a bonus.
NFL: Buffalo Bills & Green Bay Packers
Motorcraft FL1A oil filter at Autozone, $15.99 as of last week, up over 100% from 40 months ago.
You can price check on the Internet.
Maybe cheaper at O'Reilly's or Walmart?
That reminds me, I need filters for the Toyota... eBay was the best place for those last time in a 6 pack.
I see $12.36 at Walmart, $8.50 on eBay. Perhaps it's the Autozone that's inflated? RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Avg consumption of cheese per person annually is just over 40lb. Wouldn't take too long to go through that tower of cheese.
Could be my imagination, but seems the 'free' shipping supplies selections on ebay have all taken a jump in price. Can't afford the 'free' supplies anymore.... oh well.
i believe they did away with the free coupons for ebay stores a while back.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Nonsense.
The Fed controls short-term rates, long-term rates are set by other variables such as the term premium, risk premium, and inflation.
anyone who controls a series of short term influences has control over long term results.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Every bond trader who trades trillions of dollars in bonds/notes/bills each year disagrees with you.
And they have a wee bit more money on the line than you.
The recent auction seems to say that nobody wants US Treasuries, except the Fed.
Rolling over long term debt @1% (that nobody wants) into short term debt @ 5% = big inflation. Buckle up.
I knew it would happen.
You understand that saying this over and over again still doesn't make it truthful or even remotely accurate.
If you believe I am incorrect, then please.provide evidence of the FEDs holdings of treasuries increasing over the last 2 years.
Knowledge is the enemy of fear
please provide evidence of the FEDs holdings of treasuries increasing over the last 2 years.
Depends on the maturity.
My US Mint Commemorative Medal Set
This will result in higher taxes to fund the debt, look for capital gains tax to be the first casualty.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
I'm referring to the $25 credit that ebay store owners get for ebay shipping items such as boxes, padded envelopes, etc. that are sold by ebay stores. Don't know about anyone else, but I still get that... was just going to apply it and get some supplies, but seems available items are just too expensive anymore. Used to be there were a reasonable number that could be obtained for the amount.
But now, seems to be only a few, unless you are willing to pay the extra amounts. Problem is, even with a $25 credit on the ebay brand, price is getting up there.
I certainly don't believe a bond trader is in a position to control a series of short term influences. A central bank on the other hand . . .
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
And they have a wee bit more money on the line than you.
Woohoo! (And it’s not their money.)
I knew it would happen.
Fireworks shows may have taken a hit this year, due to inflation. No show here locally.... usually had a decent one for a decade. So it goes. (but I'm sure some will jump in and say they just saw the best show ever)
https://zerohedge.com/personal-finance/liberty-inflation-all-even-fireworks-shows-scaled-down-year
Just wait till those 100% tariffs hit.
Knowledge is the enemy of fear
Just wait til the riots start again.
Some cant.
Knowledge is the enemy of fear
That’s because it gets too cold in November.
Buy AZO then…. ORLY is an alternative.
you should change your oil more often than 40 months.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong