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Lee lee lee lee lee lee lee Lee la la lee le lee leeeee
MikeGangGree... Icon : (28 April 2016 - 09:27 PM) WTF
MikeGangGree... Icon : (28 April 2016 - 09:27 PM) BULLSHIT PICK
ganggreen2003 Icon : (28 April 2016 - 09:27 PM) A LB from Ohio State
azjetfan Icon : (28 April 2016 - 09:27 PM) Defiantly not an inspiring pick
MikeGangGree... Icon : (28 April 2016 - 09:28 PM) GHOLSTON 2.0
MikeGangGree... Icon : (28 April 2016 - 09:28 PM) Guy has had 12 sacks in 2 years?? how the hell is that a 1st round pass rusher
ganggreen2003 Icon : (28 April 2016 - 09:29 PM) At least we didn't go QB again
ganggreen2003 Icon : (28 April 2016 - 09:30 PM) You mean GHOSTon
MikeGangGree... Icon : (28 April 2016 - 09:31 PM) Not f***ing happy
MikeGangGree... Icon : (28 April 2016 - 09:31 PM) I hope I'm wrong tho
MikeGangGree... Icon : (28 April 2016 - 09:31 PM) if I'm wrong I will eat m crow
MikeGangGree... Icon : (28 April 2016 - 09:39 PM) Some mocks had him top 10
MikeGangGree... Icon : (28 April 2016 - 09:42 PM) this guy is small
Jetsfan115 Icon : (28 April 2016 - 09:45 PM) Most mocks had Lee at 17 to the Falcons
Jetsfan115 Icon : (28 April 2016 - 09:45 PM) He's a day 1 starter for us. We've needed OLB forever
Jetsfan115 Icon : (28 April 2016 - 09:46 PM) Plus we generate a great rush from wilk rich and Williams
MikeGangGree... Icon : (28 April 2016 - 09:50 PM) I wanted Lawson bad
MikeGangGree... Icon : (28 April 2016 - 09:50 PM) f***ing bills
Jetsfan115 Icon : (28 April 2016 - 09:51 PM) Lee fills a need better
Jetsfan115 Icon : (28 April 2016 - 09:52 PM) I would have liked tunsil to slide to us though. After east picking great
MikeGangGree... Icon : (28 April 2016 - 09:52 PM) Would you take Lee over Lawson?
azjetfan Icon : (28 April 2016 - 09:55 PM) I'm not inspire by that pick. Not even a little
Jetsfan115 Icon : (28 April 2016 - 10:01 PM) Wasn't an option. Lawson was gone
Jetsfan115 Icon : (28 April 2016 - 10:02 PM) Lawson is more of a de. We already have too many of those. We only have 1 proven LBer and he's 32 and we run a 3-4. Lee is a day 1 starter
Jetsfan115 Icon : (28 April 2016 - 10:03 PM) Broncos traded up for lynch
MikeGangGree... Icon : (28 April 2016 - 10:41 PM) Round 1 is done
2JBallar01 Icon : (29 April 2016 - 12:43 AM) He will play ILB for us.
Jetsfan115 Icon : (29 April 2016 - 11:08 AM) http://nyjetsfan.com...showtopic=38865
Jetsfan115 Icon : (29 April 2016 - 11:19 AM) jets tried to trade up for tunsil but the price was too high
Jetsfan0099 Icon : (29 April 2016 - 05:10 PM) Tunsil will end up out of the league
Jetsfan0099 Icon : (29 April 2016 - 05:12 PM) Lee isn't a pass rusher, hes a fast athletic LB. Hes probably their future at ILB, someone who can cover in the middle
Jetsfan115 Icon : (29 April 2016 - 06:16 PM) jets said he's an ILB for us
Jetsfan115 Icon : (29 April 2016 - 06:17 PM) If we could grab jack he would be an OLB
Jetsfan115 Icon : (29 April 2016 - 06:17 PM) ttians have 3 picks in the next 13 picks
Jetsfan115 Icon : (29 April 2016 - 06:33 PM) jack to jax 36th overal
ganggreen2003 Icon : (29 April 2016 - 06:33 PM) Did you hear that the 1st round pick for the Browns RETIRED after getting drafted
SoReALSoJetS Icon : (29 April 2016 - 07:29 PM) Hi guys long time no talk hope everyone is well
Mr_Jet Icon : (29 April 2016 - 07:46 PM) SMH
ganggreen2003 Icon : (29 April 2016 - 07:46 PM) JETS drafted QB Hackenberg PSU
Mr_Jet Icon : (29 April 2016 - 07:47 PM) Should have picked Connor Cook.
MikeGangGree... Icon : (29 April 2016 - 07:56 PM) I guess we are giving up on petty
Jetsfan115 Icon : (29 April 2016 - 09:02 PM) Or giving up on geno
Jetsfan115 Icon : (29 April 2016 - 09:02 PM) I said the rumor was they liked him more then cook
Mr_Jet Icon : (29 April 2016 - 11:35 PM) I know I'm biased, but I've seen them both play. Cook is just better. Hackenberg had one good year. Cook has won more games, played in big games and won them....whatever, its done now so no sense on dwelling on it I guess. I just don't see the appeal in Hackenberg, nice kid, but I always thought he was really overrated. Oh well. I would have taken Kevin Hogan over Hackenberg.
azjetfan Icon : (Yesterday, 03:47 PM) From what I have read so far he had a great freshman year under Obrien in a pro style offense. At that point some considered him the next Andrew luck. Then Obrien left and they shifted to a spread under new HC who did poor job bringing in talent. He was also sacked and hit a million times. Might be shell shocked.
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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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