Tuesday, July 2, 2019

r > g?

The question make is g, it has not been reported yet, but latest predictions say 1.3-1.5%.  Treasury pays 1.98% on debt for ten year, 2.2% over all.  In contrast we had a previous quarter with g at 3.3%, or something. This looks like we get one of those momentary deflation spikes.  little of the light blue, it just slips in under the dating committee nose.

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