Last week I was in Las Vegas for an Internet entrepreneur conference. The developers really went to town putting up skyscrapers and casinos. And interesting to see that the tape was full and surprisingly busy. Although the high-end steak houses were packed and people like it was celebrated in 1999 (it was $ 100 + fish are delivered to tables around us) were the clothes and jewelry shops empty. .. People have their priorities, you know!
Italian, Korean, French and other languages can be heard, while buying the clothing. With the dollar so weak, foreigners can buy a lot cheaper goods. Belongs to the designer shoe shopping Junkets from Europe to New York?
Since 1982 we have inflation peaked about 26 years and has a long-term downward trend (and was). Rate of 18% to almost zero (priced CD recently? Sah). It was this long-term deflationary trend of the stock / Financials led the boom.
Currently, the Federal Reserve printing money and providing incentives blowing back the economy (the money for demolition and home buyer loans, etc.). The money was filtered into the economy and a higher growth rate (GDP).
U. S. Treasuries are in a pickle, because once to start raising interest rates (both the economy and attract investors to buy our Treasury bonds), because binding to move data, conversely, the “interest we have seen the lowest bond. One way to win is the inverse Exchange Traded Funds (ETF) with the symbol gain values lower TBT binding increased. And tracking error, which means that does not follow exactly, but a way to take advantage of the long-term trend of rising interest rates – at the end.
Tags: Financial, Investment, Loan, Money
