The powers that be don't do things like this because "the economy" is doing well.

It means things are bad and the end of the road is in the horizon.

But I read here the economy is good and unemployment is down.

Believe whatever you want, but we are in better shape now, than when W left office.

Believe whatever you want, but we are in better shape now, than when W left office.

I'd love to see the metrics. W was an idiot but manufacturing wise the economy seems the same. Bad.

The metrics will say whatever side you want. Turn on MSNBC and unemployment is low, turn on FOX and the number of active job seekers is the lowest since the late 70s. Nothing has changed. The march to oblivion continues unimpeded.

Mike, negative bond yields are happening for several reasons. Globally, central banks are buying government bonds in an effort to lower interest rates and spur business investment. They are also targeting overnights rates in parts of Europe and Japan that are negative. Banks and insurance companies have to put excess cash somewhere, and government bonds are considered a safe and liquid form of investment. And lastly, risk based capital rules are such that high rated government bonds do not incur a capital charge. They are taken out of the denominator in the risk weighted asset calculation. Basel rules are forcing banks to hold more capital, so in effect, banks have to hold a certain amount of these bonds.

I don't think anybody wanted the real answer, denis.

I don't think anybody wanted the real answer, denis.

I don't think anybody wanted the real answer, denis.