Monday, June 4, 2018

Trust Trump?

The two year treasury at 2,5 yields better than Euro bonds. Euro investors would jump on this as sure thing. But two years is cutting it close if taxpayers choose to devalue in the facer of boomer retirements. 

Tuesday we have a look see as voters nay repeal the latest Calizuela pension tax.  It is close:

Polling on the potential initiative has been mixed but pretty close. The most credible recent poll, from the Public Policy Institute of California, showed the gas-tax repeal favored by 47 percent of likely voters and opposed by 48 percent.

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