Rising Interest Rates: A Long-Term Saver's Perspective

The following chart shows the natural log of the 10-year treasury yield. When using natural logs, exponential growth is seen as a straight line.


Click to enlarge.

We've actually clawed our way back to the middle of the long-term declining trend channel. Hurray.

The 10-year yield is destined to climb up well outside of that miserable channel soon thanks to our financially innovative, modern, improved, strong, robust, and resilient economy. There are just four things we need to see first.

1. The End of ZIRP
2. Skyrocketing 5-Year CD Rates
3. Hot Snowballs
4. Avian Pigs

I could be wrong of course. Perhaps we'll get pork hot dogs at 50% off and flying snowballs instead. What a Christmas that would be!

December 23, 2013
Procrastinators may be rewarded

Abercrombie & Fitch: Fifty percent off the entire store.

Don't forget to load up on Abercrombie & Fitch stock too! 50% off! It's all a part of their long-term plan to be financially innovative, modern, improved, strong, robust, and resilient! Pillar of retail strength!

December 23, 2013
Dark Side of After-Christmas Sales Starting BEFORE Christmas

As some consumers jubilantly hop from store-to-store reaping the benefits of these price-slashing events, I suspect that there may be a hangover waiting.

You think? This is not investment advice.

Source Data:
St. Louis Fed: Custom Chart