Kevin Flanagan
Kevin Flanagan
based numbers sort themselves
The numbers in of themselves are sort of a push-and-pull. And the market, based on that, isn't doing a whole lot.
economy fed four raising rates remains revealed statistic
Even with the Fed raising rates four times up to that point, the statistic revealed no significant pullback. The economy remains stubbornly resistant.
That's 372 with 15 zeros after it, correct?
anybody far growth looking notice visible
Nevertheless, fourth-quarter growth was far more than anybody was looking for, and it is something that's going to keep the (Federal Reserve) on notice that growth is eclipsing their expectations by a visible amount.
note selling
It's more of a selling of the two-year note today, while the 10-year note is range-bound.
advantage reflection relative taking
It may have just been a reflection of taking advantage of relative value.
economy russian turmoil undergoing
It underscores the turmoil that the Russian economy is undergoing right now.
captured commodity continue core energy filtering higher inflation measure months year yield
We're 11 months through the year and any measure of core inflation hasn't captured a filtering down of higher commodity or energy prices. That's why we continue to see the 10-year yield under 4.5 percent.
coming highs seeing slightly stocks
We're seeing stocks coming slightly off their highs here.
dollar good hit problems seeing
We're seeing problems in dollar-yen, but I don't have a good explanation why the dollar is getting hit so hard.
current rise
We still think the fundamentals will come back and rise from current levels.
confidence front negative report somewhat
Today's confidence report going up is somewhat negative for the front end.
era shrinking yields
Those (low) yields are not sustainable even in an era of if shrinking supply.
huge industry
Unfortunately we dont have enough industry in Toowoomba (to warrant the huge cost),