The yield paid by the government’s 10-year Treasury note, the most prominent market rate, was down on Friday from 3% at the end of December, after the U.S. Federal Reserve began easing back on policies that keep interest rates low.
(Source: Wall Street Journal)
This graph shows why Deflation is a bigger worry in Europe right now.
While it’s difficult to distinguish cause from effect between these two monetary indicators they both point towards deflation in Europe. The latest reading from February showed that the 3-month average of M3 money supply growth in the Eurozone remained 1.2% Y/Y. Ostensibly the Germans oppose balance sheet expansion because it is inflationary in nature. Conversely, balance sheet contraction is deflationary in nature; it’s just a matter of picking your poison.
(Source: Bloomberg & GBI)
New York City’s population hits a new record, according to an estimate released Thursday by the U.S. Census Bureau.
(Source: Wall Street Journal)
The International Monetary Fund said it has reached a deal to lend up to $18 billion to Ukraine as part of an economic reform program that Ukrainian officials said would require “painful” change.
(Source: Wall Street Journal)
About one million children under the age of 15 contract tuberculosis around the world each year, twice as many as previously thought, according to a study from researchers at Brigham and Women’s Hospital and Harvard Medical School.
(Source: Wall Street Journal)
It is possible if history repeats itself like in the past from 1994 to 1999, when both the markets and the “fear gauge” moved higher together. Are we entering a similar period again?
(Source: Schwab and Business Insider)
The total number of defective medical devices recalled in the U.S. rose to 1,190 in 2012, up from 604 in 2003. There was a sharp increase in recalls where the product carried a reasonable probability of death.
(Source: Wall Street Journal)
Thailand’s fertility rate has fallen to an average of just 1.6 children per woman, from seven in the 1970s, disrupting centuries of tradition in which children care for their parents.
(Source: Wall Street Journal)
The U.S. Justice Department is expected to announce a settlement with Toyota Motor Corp. as early as Wednesday that could cost the auto maker more than $1 billion to end a criminal probe into its disclosure of safety issues, people familiar with the matter said.
(Source: Wall Street Journal)
