Untitled

Commentaries — March 16, 1999

Understanding the Financial Markets in 1999 Part 1 – Why Economic Growth Matters to Bonds – Regardless of Inflation Most economists believe that inflation is the only thing that moves interest rates. While it is important, we believe that nominal GDP is a better measure. Currently nominal GDP is suggesting that interest rates might be… Continue reading Untitled

Open Understanding the Financial Markets in 1999
Part 1 – Why Economic Growth Matters to Bonds – Regardless of Inflation
Most economists believe that inflation is the only thing that moves interest rates. While it is important, we believe that nominal GDP is a better measure. Currently nominal GDP is suggesting that interest rates might be too low.