It is the recognition that the US economy is immune to slowing global economic activity — which was already slowing before the COVID-19 pandemic.
The mystique surrounding US economic growth expectations, and particularly the potential for domestic inflation, has vanished. We may not be heading to Germany's -0.65% negative 10 year bond interest rate , but the bond market has come to see US government debt as the last remaining "bargain" in risk-free securities for what it is and is piling in.Typically, a collapse in bond yields of the present magnitude would set off flashing red lights signaling recession – if not worse.
In short: Take the free money being offered up by domestic and global holders of capital alike and put it to good use. Part of "getting to free" rests in the issue of how long a nation has to get to a positive marginal return on capital it borrows and invests. It is hard to reap the benefits of a new toll road before you have to pay back the bond in 10 years and the road takes all 10 years to build.
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US economy smashes estimates, adds 273,000 jobs in February amid coronavirus outbreak - Business InsiderDon't be misled by the strong number. The full impact of the coronavirus wasn't fully reflected in the February report. How many lost their job? How many newly created jobs have retained those jobs? What are the jobs? What is the pay of these jobs? Where are the jobs located? Demographics of the jobs? How many of these jobs offer employee benefits? I need more analytical data when viewing.
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US lifts tariffs on Chinese medical supplies amid coronavirus outbreak - Business InsiderThe Trump administration has offered tariff relief for more than 100 of medical items from China, according to data from the US Trade Representative. This chick has cans Chinese face masks from China. What can go wrong? It's like someone deliberately want to infect the entire first response team. Ain't it to late....😂😂😂😂
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US travel destinations that could lose money from the coronavirus - Business InsiderThe coronavirus outbreak could cost America millions in tourism revenue — here are the major travel destinations that stand to lose the most.
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Former US Navy vessel turned houseboat on sale for $800,000 - Business InsiderThe boat was a balloon barge, used to stop kamikazes in World War II. Author Shel Silverstein lived in it for decades. thanks, i hate it That’s neat. They should plow the area under and put... nothing. Like they did in key west with the cool old houseboats they used to have there.
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