Yield Curve


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>   
>   from: Warren Mosler
>   to: CNBC
>   
>   The long end is higher than ‘equilibrium’ due to the Treasury
>   issuing longer term paper.
>   
>   This adversely alters investment and price signals.
>   
>   When the Fed buys it the curve returns to where it would
>   have been if the government had stayed out of it in the first
>   place.
>   
>   


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2008-12-30 USER


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ICSC UBS Store Sales YoY (-)

Survey
Actual
Prior
Revised

 
Sinking.

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ICSC UBS Store Sales WoW (-)

Survey
Actual
Prior
Revised

 
Falling back, even with low fuel prices.

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Redbook Store Sales Weekly YoY (-)

Survey
Actual
Prior
Revised

 
Still way down.

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Redbook Store Sales MoM (-)

Survey
Actual
Prior
Revised

 
Still negative.

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ICSC UBS Redbook Comparison TABLE (-)

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S&P CS Composite 20 YoY (-)

Survey
Actual
Prior
Revised

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S&P Case Shiller Home Price Index (-)

Survey
Actual
Prior
Revised

 
Still heading south as foreclosures continue to take their toll.

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S&P Case Shiller US Home Price Index (-)

Survey
Actual
Prior
Revised

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S&P Case Shiller US Home Price Index YoY (-)

Survey
Actual
Prior
Revised

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Chicago Purchasing Manager (-)

Survey
Actual
Prior
Revised

 
Remains very low.

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Consumer Confidence (-)

Survey
Actual
Prior
Revised

 
Not much to be confident about.

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Consumer Confidence ALLX 1 (-)

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Consumer Confidence ALLX 2 (-)


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