tag:blogger.com,1999:blog-1110014885778996459.post9176361732579187632..comments2024-03-29T04:50:03.060-07:00Comments on Idiosyncratic Whisk: Quick Update on Forward RatesKevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1110014885778996459.post-73087963555912168922014-11-03T10:29:24.563-07:002014-11-03T10:29:24.563-07:00The board at PIMCO might remind him that the price...The board at PIMCO might remind him that the price of bonds didn't go up during QE rounds. That's a security, isn't it?<br /><br />This whole "assets went up but not wages" meme is such baloney.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-78903206191253871812014-11-03T10:09:05.441-07:002014-11-03T10:09:05.441-07:00TravisV here.
Doesn’t Bill Gross’s argument here ...TravisV here.<br /><br />Doesn’t Bill Gross’s argument here fly in the face of the TIPS breakeven’s response to QE2 and QE3?<br /><br />“The roughly $7 trillion pumped into the financial system since the financial crisis by the world’s three biggest central banks has succeeded mostly in lifting prices of securities rather than the cost of goods and workers’ wages, he said.<br /><br />“Prices go up, but not the right prices,” Gross wrote.<br /><br />………..<br /><br />“One economy (the financial one) thrives, while the other economy (the real one) withers,” he said.”<br /><br />http://www.reuters.com/article/2014/11/03/us-investment-bonds-gross-idUSKBN0IN1FH20141103Anonymousnoreply@blogger.com