On one hand, the domestic economy…
While the thought of a domestic recession was previously remote just a couple months ago, the recently proposed fiscal and tax policy initiatives of the Trump regime make recessionary prospects a probable reality.
Those within the Trump circle know that the spending hangover of the Biden regime requires stringent medicine and the best course of action would be to tear off the band aid sooner, rather than later.
As investors, we should desire to see falling Treasury yields. To me, this would be the most important outcome factor to watch. Speculation that Trump would pour stimulus onto the nation’s expansion — and keep upward pressure on Treasury yields — is being rapidly swept aside less than two months into his presidency. Instead, traders have been piling into short-dated Treasuries, pulling the two-year yield down sharply since mid-February, on expectations the Federal Reserve will resume cutting interest rates as soon as June to keep the economy from deteriorating.
“Just a couple of weeks ago we were getting questions about whether we think the US economy’s re-accelerating —- and now all of a sudden the R word is being brought up repeatedly,” said Gennadiy Goldberg, head of US interest rate strategy at TD Securities, referring to the risk of a recession. “The market’s gone from exuberance about growth to absolute despair.”
On the other, international spending…
Long-term European government bond yields will continue to rise amid increased government spending on defence as a result of the US retreat from its commitment on Ukraine, according to BNP Paribas Asset Management.
“We’re beginning to get a steepening of the European yield curve,” said James McAlevey, head of global aggregate and absolute return. This means that long-term yields are growing faster than short-term ones.
For now
For now, domestic economic conditions are prevailing in the Treasury market as yields fell early Monday after U.S. President Donald Trump did not rule out the possibility that his policies would cause a recession and data showed deflationary pressures building in China.
What’s driving markets
Investors are buying Treasuries, pushing yields lower amid concerns the U.S. economy is slowing in the face of tariff uncertainty and public sector job cuts.
In an interview with Fox News on Sunday, Trump refused to rule out a recession for the U.S. this year, implying his tariff strategy and attempts to cut government spending were part of a necessary transition that in the short term could cause problems for the world’s biggest economy.
U.S. Treasury Scott Bessent on Friday said: “The market and the economy have just become hooked. We’ve become addicted to this government spending, and there’s going to be a detox period.”
Jim Reid, strategist at Deutsche Bank, said that “[T]aken at face value these quotes suggest that their pain level is higher than most would have believed a few weeks ago.”
There are no top drawer U.S. economic data released on Monday. All focus this week will be on the consumer price index report for February, released on Wednesday.
Also, pressuring global bond yields on Monday was news from China that the world’s second-biggest economy was experiencing greater deflationary pressures. The consumer price index for the year to February was down 0.7%, while producer prices over the same period were down 2.2%, the 30th consecutive month of factory gate price falls.
However, Deutsche’s Reid said: “Overall there was likely some distortion due to the timing of Lunar New Year so we’ll get a better read next month.”
Petrus Romanus, #112, Pope Francis, is such a hypocrite. He threw Pope Benedict into prison for over a decade, because Francis said Benedict was in poor health. And here we are today, Francis is essentially on life support. And it doesn’t look like he wants to abdicate his bully pulpit of Jew communist lies. He’s descended from Cain and he’s mixed his lineage with Esau.
Stay out of all organized religions.
The descendants of Cain rule over the children of disobedience. They absolutely survived the flood, God gave Cain a promise of protection to be avenged sevenfold – why should God let Cain go free only to drown him later?
Jabal -Merchant/Banking class – future enforcer of the Mark.
Jubal – Arts and Culture, music industry
Tubal Cain – Artificer. Artifice is Majick/deception and any technology sufficiently advanced looks like magic. Take care that no man deceives you is our instruction.
Naamah – No special skill for this one, therefore I propose she rules the power class because management is a tertiary skill. Some kind of queen or royalty like Semiramis/Isis/Diana/Mary
The spade is continuing to dig up the desert and find correlation to the Bible.
And, the fallen angels of the book of Enoch taught them!
Could be, I never read that book. Seems like Jewish fable stuff.
There is much that was lost over millenia, we really know nothing about the Heruli, Ostrogoths, and Vandals and that was relatively recent. The people are extinct and the history was wiped.
Absolutely correct. The Book of Revelation says that Satan has deceived the whole world. Jesus mentions that there is a very small remnant left.
Thus, I think it’s safe to say that all of the organized religions are built on a predetermined narrative and that the current members of these organized religions are living a complete lie.
I wake up everyday knowing that I’m somehow being deceived. Regardless of how I think, I know I’m being deceived in some way. That’s why I take a very rare path, by default. And the more blowback I receive from people, the more likely I am on to something. When it comes to understanding the truth, I take the contra.
Ken, consider that the book of Enoch is quoted directly in the Bible by Jude, and of course Enoch is referenced throughout the Scriptures.
Brother Steve, I considered it but I am just not so interested in angels at the moment. I might pick it up later.
‘Comparable to History’s Most Deadly Plagues’: RFK Jr. Announces Health Mission to End… Anti-Semitism?
U.S. Secretary of Health Robert F. Kennedy Jr. raised eyebrows on Monday after he announced a Health Department mission to “end anti-semitic harassment on college campuses.”
“Anti-Semitism – like racism – is a spiritual and moral malady that sickens societies and kills people with lethalities comparable to history’s most deadly plagues,” wrote Kennedy in an announcement on Monday evening, adding:
In recent years, the censorship and false narratives of woke cancel culture have transformed our great universities into greenhouses for this deadly and virulent pestilence. Making America healthy means building communities of trust and mutual respect, based on speech freedom and open debate.
Kennedy then linked to a press release announcing a joint-effort by the Department of Health and Human Services, the Department of Education, and the General Services Administration to “end anti-semitic harassment on college campuses,” beginning with a “comprehensive review of Columbia University’s federal contracts and grants in light of ongoing investigations for potential violations of Title VI of the Civil Rights Act.”
The announcement received criticism on social media, including from allies and supporters of the Trump administration, who argued that the Health Department’s involvement was clear overreach.
Article continues….
https://www.msn.com/en-us/news/us/comparable-to-history-s-most-deadly-plagues-rfk-jr-announces-health-mission-to-end-anti-semitism/ar-AA1Abp7J
Antisemitism is Anti Americanism! That is the new talking point! Beware.
Even if the Trump administration is trying to let the air out of the balloon in a controlled fashion, sometimes the balloon gets away from you! Unintended consequences appear, or its on purpose to ring out the old, and ring in the new! I’ll bet it’s the latter.
There will be tough love on the way to get the drug addict off the drug of monetary stimulus.
If there is a serious slowdown by 2026 then the demonrats will take control of both houses that election year. This was just like Reaganomics in 1981 and 1982. The Republicans took a drubbing in the 1982 midterm elections.
Reaganomics without the “Miracle on Ice”.