Greenspan is the king of tantrums but he has help. There are others.

Interesting article. Japan needs helicopter money, but it is against the law. China does not sign Basel agreements so they have some freedom western nations don't have. You say you are for a tolerant government, and yet you voted for change, which I assume means Donald trump. He is a racist, dabbles in Aryan Supremacy. He is the opposite of tolerant. He is divisive and combative and unstable. Tolerance is not in his vocabulary. According to Tolerance.org, the Trump effect is having a profoundly negative affect on school children. That is not change for the better. It is actually shameful to support such a flawed individual: http://www.tolerance.org/blog/trump-effect I wrote about Trump regarding interest rates and his incorrect belief that the Fed actually manipulates long rates. The system was established with the help of the Fed, but supply and demand establish bond yields for the most part, except for tantrums that seek to raise rates and scare people: www.talkmarkets.com/.../keeping-interest-rates-low-is-a-function-of-demand-not-of-politics

The Fed took the economy down in the Great Recession. However, Trump does not quite understand that bond demand in the new normal is a function of supply and demand of the bonds themselves. Yes, the Fed assisted in establishing structured finance. But the bond demand is real. And long bond rates are likely to be capped by monumental demand according to bond guru Rick Rieder of Blackrock: www.talkmarkets.com/.../blackrock-cap-on-yields-because-of-monumental-bond-demand

Or, it could, in the case of Trump, indicate the uncertainty that would come with Trump winning.

We have enough trouble maintaining GDP now. And according to Business Insider a few years ago, if I remember correctly, the cost of labor is a minimal issue for McDonalds. If technology turns us into deflation bound Japan, I can hardly see how that will help America.

Yes Dallman, sorry for the delayed comment. I certainly hold that fear. We are in a new environment, and who knows where it will lead?

So, the US elite have shipped jobs offshore, have bought up real estate driving prices up, driven up prices for rent, have replaced jobs with tech, and then wonder why the US consumer is damaged and won't buy.

The US consumer was the backstop, the buyer of last resort, for years. And now, after much abuse by the Fed and the speculators, he can't perform. And business people can't figure it out. I don't think that China will take the place of the American consumer, hence the need for helicopter money: www.talkmarkets.com/.../kyle-bass-says-helicopter-money-is-the-only-way-out

3 percentage points is not 3 times as strong, Peter, as you said. And third quarter is always strong due to restocking of inventory. Last year, 3rd quarter was the strongest. So, it does not matter which president is in power, because big finance and structured finance, limits growth. And, this is a political rant, Peter, since there is no guarantee that Trump will do anything but raise tariffs and browbeat our allies.

You seem to want a crash Peter, and gold will, you think, go up. This is your chance, Peter. Show me my opinion is wrong.

Pretty good bond tantrum. The banker mob is pushing prices down for a little while.

I know of people who worked at #Intuit who were literally terrified to work there. It is an innovative company, but after Larry King left, it became a hell hole for the workers. JMO, and the opinion of family members with ties to Intuit at one time or another. $INTU