Quick econ lesson
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- mrdobolina0
did the Wall Street Journal site go down today or something?
- inhaler0
Thats good to know... you should enlighten us daily with economic lessons.
- JazX0
I call BS. That's not what my bi-yearly investments say. be smart
- j_red0
i got 'investing for dummies' for christmas
- justjeff0
I call BS. That's not what my bi-yearly investments say. be smart
JazX
(Dec 28 05, 14:36)Clearly your bi-yearly investment takes into account yesterday's developments...
Some of us understand finance. Some of us do not. Try to justify the 10-year t bill at the same yield as a 6 month bill - yield is a reward for risk, and when the yield doesn't change despite a 20x difference in time (= risk), there's clearly something unusual going on.
For the record, the last time this convergence occured was late 2000. We all know what happened to the economy in spring 2001.
- brundlefly0
the US economy cratered in 2001 because everyone and their dog stuck 20 billion into any company with web or tech in their title.
only a few of those dot coms survived.
real estate... same deal, bubble, gonna pop.
- brundlefly0
not to mention china having 40% of the us debt held over the heads of americans.