This works because merchants have a high cost of customer acquisition, and we lower it, ... We bring them customers with their wallets open.
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What it suggests this time is a 2 percent economy in 2006, as opposed to a recession.Bill Gross
Is it any wonder that in the space of the last six months we have had headline speeches promoting the dangers of deflation only to be followed by fears of accelerating inflation
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If Fed Funds were expected to rise in the future, the curve would be positive with intermediate and long bonds requiring higher yields as a cushion against accelerating short rates. If the Fed were expected to lower rates, a flatter, even inverted curve m
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