Buy the DIP or Sell the RIP?

  • The Roman philosopher Seneca said “Time discovers truth.” So what are we to make of an economy whose Federal debt is 105{82ede2586bb1c0d1ebd6b8982c31d283462d3416f86f3759028bb4258e074613} of GDP? GDP is only 2.5{82ede2586bb1c0d1ebd6b8982c31d283462d3416f86f3759028bb4258e074613}, debt is growing at an annual rate of 5-6{82ede2586bb1c0d1ebd6b8982c31d283462d3416f86f3759028bb4258e074613} of GDP and the daily interest cost is $1.5 billion.
  • Don’t think the economy is slowing down. The Fed’s Beige Book would BEG TO DIFFER.
  • When it rains it pours. The first INVERTED YIELD CURVE- the 2 year at 2.807 versus the 5 year at 2.785. So do we BUY THE DIP or SELL THE RIP?



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Written by
With his passion for economics Bill Tatro has been entertaining audiences on the radio and in seminars for decades. Bill is an economist that provides weekly paid content to subscribers, and offers a free daily "lite" version as well.