Updates
August 26, 2019: at the conclusion of the G-7 summit, Stuart Varney --
Varney believes that it is time for America's European allies to get on board with the President's agenda.
"Europeans are frankly scared of America. Their economies are sinking. They've entered the fantasy land of negative interest rates. Their money is pouring over here, and they just don't know what to do.
My advice -- jump on the Trump train and quit whining about Iran and climate change," advised Varney.Think about it, energy, money, economy ...
- on energy: Europe is in deep trouble; the only continent that will have to import all its oil
- on energy: Europe, dependent on Russia
- on money: flight to safety -- EU money flowing to the US
- on economy: EU will head into recession before the US; and the US may not enter a recession; the US still has more arrows in its quiver; the EU is pretty much out of arrows
By the way, I've not seen any stories in the longest time about "extreme weather" in Europe. Europeans have that figured out, also.
By the way, did Macron get anything for surprising Trump and inviting Iran to the G-7 summit. Not that I've heard.
Original Post
Folks are wondering why the yields on US Treasuries are falling.
One of the blog's readers provided an answer to that question some days ago. Now The Wall Street Journal provides the same answer.
The readers of the blog never fail to amaze me.
************************************
Phoning It In
"Did you hear? Yeah, like I'm going to pay Angela Merkel 5% on my bonds. LOL. I'm buying MDU. They say electricity demand will surge in the Bakken over the next twenty years. Yeah, I know MDU is not the sharpest knife in the drawer -- whatever. Best bet? F. Paying almost 7%. The Ford family is huge. The cousins are living off Ford's dividends. You think F will cut their dividend? LOL. Hey, what are you doing for lunch? Okay. I'll have my people talk to your people."
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.