Wednesday, April 25, 2018 4:48:12 PM
10/4 agreed. Meanwhile the turd swirls. "Stocks Finally Wake Up to Higher Inflation. It Isn't Pretty".
"The ugly reality of inflation has begun to raise its head.
As we have noted previously, inflation is WELL above the Fed’s so-called target of 2%. Indeed, two of the Fed’s own in-house measures of inflation (the NY Fed UIG and Atlanta Fed Sticky Inflation measures) are clocking in at 3.14% and 2.5%, respectively.
That, in of itself, is a REAL problem for the debt-based financial system. Since 2008, the US has added over $9 trillion in public debt along with another $3 trillion in corporate debt, and $1.2 trillion in consumer debt.
ALL OF THIS was based on the assumption that interest rates would stay low.
So much for that. The yield on the 10-Year US Treasury has now spiked to 3%, breaking a 10-year downtrend.
Put simply, for a world that is TOTALLY saturated in debt like the US today, that blue box in the chart below is a MAJOR problem".
https://www.zerohedge.com/news/2018-04-25/stocks-finally-wake-higher-inflation-it-isnt-pretty
"The ugly reality of inflation has begun to raise its head.
As we have noted previously, inflation is WELL above the Fed’s so-called target of 2%. Indeed, two of the Fed’s own in-house measures of inflation (the NY Fed UIG and Atlanta Fed Sticky Inflation measures) are clocking in at 3.14% and 2.5%, respectively.
That, in of itself, is a REAL problem for the debt-based financial system. Since 2008, the US has added over $9 trillion in public debt along with another $3 trillion in corporate debt, and $1.2 trillion in consumer debt.
ALL OF THIS was based on the assumption that interest rates would stay low.
So much for that. The yield on the 10-Year US Treasury has now spiked to 3%, breaking a 10-year downtrend.
Put simply, for a world that is TOTALLY saturated in debt like the US today, that blue box in the chart below is a MAJOR problem".
https://www.zerohedge.com/news/2018-04-25/stocks-finally-wake-higher-inflation-it-isnt-pretty
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
