December 6, 2017

SHI 12/6/17: Flirting with Inverting

I’m just not that creative.  But the title is perfect.   The Treasury yield curve today is very flat — closer to inverting.    And we all know […]
November 29, 2017

SHI 11/29/17: Here’s The Problem

Which is unfortunate, because the financial benefit to the Treasury is quite significant.  Our national debt is about 1/2 a trillion dollars smaller than it otherwise […]
November 22, 2017

SHI 11/22/17: The FED is Santa Claus!

  Nice, right?   Well that’s about the amount the FED “gifts” the US Treasury each year.   But that may soon change.   The FED may be taking […]
November 15, 2017

SHI 11/15/17: Steaks on Plastic

  No matter how we measure it, household income growth has been tepid.   The BEA, in their latest economic release entitled “Personal Income and Outlays,” […]