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Geno injured, IK cut, Amish Rifle starting - http://nyjetsfan.com...showtopic=38773
ganggreen2003 Icon : (16 August 2015 - 09:20 PM) ok so who thinks geno has played his last game of his JETS career?
ganggreen2003 Icon : (16 August 2015 - 09:23 PM) I honestly think his JETS career is knocked out like that right hand by IK
ganggreen2003 Icon : (17 August 2015 - 08:50 PM) why the hell can't the JETS ever get it right
ganggreen2003 Icon : (17 August 2015 - 08:50 PM) are we doomed for all eternity?
Jetsfan115 Icon : (18 August 2015 - 01:56 PM) kerly might be losing his job to a younger WR
GreenDude Icon : (18 August 2015 - 06:34 PM) We just signed Matt Flynn
santana Icon : (18 August 2015 - 07:02 PM) FLYNNNNSANITYYY
santana Icon : (18 August 2015 - 07:02 PM) hype hype hype
Jetsfan0099 Icon : (19 August 2015 - 12:31 PM) Which receiver is Kerley losing his job to?
Jetsfan0099 Icon : (19 August 2015 - 12:31 PM) Kerley is still gonna be our slot receiver. Devin Smith is a outside WR, deep threat and hes gonna be out for a bit.
Jetsfan0099 Icon : (19 August 2015 - 12:32 PM) though Brandon Marshall likes playing in the slot at times and does work there
Jetsfan115 Icon : (19 August 2015 - 01:27 PM) he's apparently battling (and losing to) enuiwa
Jetsfan115 Icon : (19 August 2015 - 01:28 PM) enunwa^
Jetsfan0099 Icon : (19 August 2015 - 02:26 PM) I haven't heard about that
Jetsfan0099 Icon : (19 August 2015 - 02:28 PM) I read how kerley has been uncover able one on one
Jetsfan115 Icon : (19 August 2015 - 02:57 PM) http://www.nj.com/je...ey_backups.html
Jetsfan115 Icon : (19 August 2015 - 02:57 PM) http://nypost.com/20...appearing-role/
Smedsthejet Icon : (19 August 2015 - 03:03 PM) Any news on how Shaq Evans is performing?
Jetsfan115 Icon : (20 August 2015 - 11:12 AM) http://nypost.com/20...ricks-of-trade/
Jetsfan115 Icon : (20 August 2015 - 11:12 AM) sounds like the jets think kerly is too small for what they want
Jetsfan115 Icon : (20 August 2015 - 11:13 AM) if enunwa is our 3rd WR that gives us 3 starting Wrs over 6-2. compared to the 5'7 kerly.
RetireChrebet Icon : (20 August 2015 - 11:32 PM) Hopefully enunwa pans out. The jets need to start catching talent in he late rounds like most successful teams do.
Jetsfan115 Icon : (21 August 2015 - 03:05 PM) MT did for us
MikeGangGree... Icon : (21 August 2015 - 06:49 PM) Well it's only pre season but I don't enjoy watching them walk right over our defense
MikeGangGree... Icon : (21 August 2015 - 07:20 PM) Looks like nothing has changed from the last 5 years. Our offense is still trash
MikeGangGree... Icon : (21 August 2015 - 07:50 PM) Damn petty has a rocket arm!
MikeGangGree... Icon : (21 August 2015 - 07:54 PM) Kellen Davis sucks
Mr_Jet Icon : (22 August 2015 - 12:40 PM) Bryce Petty looked really good last night.
azjetfan Icon : (22 August 2015 - 04:56 PM) He took some big steps from week one. There is no question. If he continues to progress like that we may be chanting for him sooner than expected. I love his arm.
azjetfan Icon : (22 August 2015 - 06:56 PM) Sanchez looks like Drew Bree's today
MikeGangGree... Icon : (25 August 2015 - 01:24 PM) WOOOOOOOO Ric Flair!
Jetsman05 Icon : (26 August 2015 - 01:45 PM) The guy in the fantasy league who said we're scared of Santana... is clearly santana.
Jetsman05 Icon : (26 August 2015 - 01:45 PM) just sayin
Jetsman05 Icon : (26 August 2015 - 01:45 PM) im only half serious
santana Icon : (27 August 2015 - 09:30 AM) Also i suspect that santana
santana Icon : (27 August 2015 - 09:30 AM) might be santana
santana Icon : (27 August 2015 - 01:35 PM) Tough draw for Liverpool
Jetsman05 Icon : (27 August 2015 - 02:21 PM) Suarez second best in Europe... pretty good
SoReALSoJetS Icon : (29 August 2015 - 06:11 PM) anybody know a stream for it?
MikeGangGree... Icon : (Yesterday, 06:49 AM) WOOOOO
Smedsthejet Icon : (Yesterday, 11:10 AM) Jets just announced first 12 players to be released:
Smedsthejet Icon : (Yesterday, 11:10 AM) T. J. Graham, Saalim Hakim, Austin Hill, DeVier Posey, Jonathon Rumph (WRs), Matt LaCosse (TE), James Brewer, Dalton Freeman (OL), Bryan Johnson (LB), Javier Arenas, Curtis Brown, Keith Lewis (DBs)
Smedsthejet Icon : (Yesterday, 11:11 AM) A little surprised that Posey is gone in this first batch of moves, but then we did have a glut of WRs
ganggreen2003 Icon : (Yesterday, 07:50 PM) Any word on Leonard Williams injury?
azjetfan Icon : (Yesterday, 11:49 PM) He will be ready week 1. Just a sprain
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Get Ready For A 'massive Interest Rate Shock' Soon Bad news for the future economy.

#1 User is offline   azjetfan Icon

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Posted 27 August 2013 - 02:52 PM

http://www.cnbc.com/...0a%20%27massive

Long story short, get ready middle class and below. This one is going to hurt. Within a year or two middle class will not be able to afford to buy a house unless you already own one. Our debt is catching up with us.


Quote

Wall Street and Washington love to spread fables that facilitate feelings of bliss among the investing public.

For example, recall in 2005 when they inculcated to consumers the notion that home prices have never, and will never, fall on a national basis.

We all know how that story turned out.

Along with their belief that real estate prices couldn't fall, one of their favorite conciliatory mantras that still exists today. Namely, that foreign investors have no choice but to perpetually support the U.S. debt market at any price and at any yield.

But, unlike what their mantra claims, the latest data show weakening demand in overseas purchases of Treasurys.
Is the economy as good as you think?


According to the U.S. Treasury Department, there was a record $40.8 billion of net foreign selling of Treasurys in June. That was the fifth straight month of outflows in long-term U.S. securities. China and Japan accounted for $40 billion of those net Treasury sales.

Those two nations are important because China is our largest foreign creditor ($1.27 trillion), and Japan is close with $1.08 trillion in holdings.

This shouldn't be a surprise to those who are able to accurately assess the ramifications from the Federal Reserve removing its massive bid for U.S. debt.

In truth, yields currently do not at all reflect the credit, currency or inflation risks associated with owning Treasurys.

If the Fed were not buying $45 billion each month of our government bonds, investors both foreign and domestic would require a much higher rate of return. Investors have to be concerned about the record $17 trillion government debt (107 percent of gross domestic product), which is growing $750 billion this year alone.

In addition, holders of U.S. debt must discount the inflation potential associated with a record $3.6 trillion Fed balance sheet, which is still growing at $85 billion each month. Also, foreign investors have to factor into their calculation the potential wealth-destroying effects of owning debt backed by a weakening U.S. dollar.


Of course, some people may claim that Japan has more debt outstanding as a percentage of its GDP than we do and yet the nation's interest rates are much lower than ours...so what's the problem?

But, unlike the U.S., Japan has a long history of deflation and only 10 percent of its debt is in foreign hands. The U.S. has not enjoyed any such history of deflation and is also a country that has only 50 percent of its debt held domestically.

Therefore, there hasn't been any real concern about foreigners abandoning the Japanese bond market because of a fear that the Yen may collapse.

But the tremendous number of foreign U.S. creditors needs to be constantly vigilant of the dollar's value. However, due to its foolish embracement of Abenomics, Japan will also have to fear a collapse of its debt market from rising inflation in the near future, just as we do here.


If the free market were allowed to set interest rates and not held down by the promise of endless Fed manipulation, borrowing costs would be close to 7 percent on the 10-year note. Let's face it, the only reason why anyone would loan money to the U.S. government at these levels is because of a belief that our central bank would be there to consistently push prices up and yields down after their purchases were made.

Our central bank has now adopted an entirely new paradigm.

Fed intervention used to be about small changes in the overnight interbank lending rate, which has averaged well above 5 percent for decades. However, not only has the Fed funds rate been near zero percent for the last five years, but also long term rates have been pushed lower by four iterations of quantitative easing.

The latest version is record setting, open-ended and massive in nature.

Since QE is mostly about lowering long-term rates, it shouldn't be hard to understand that its tapering would send rates soaring on the long end.


When the Fed stops buying Treasurys, foreign and domestic investors will do so as well. This means for a period of time there won't be anyone left to buy Treasurys unless prices first plunge.

The effects of rising rates will be profound on currencies, equity prices, real estate values and economies across the globe.

It would be wise to prepare your portfolio for a massive interest rate shock in the near future.

—Michael Pento is an economist and president of Pento Portfolio Strategies.

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