Michael Markovic
Michael Markovic
assessment continued economy economy-and-economics general pace robust yields
The general assessment for the U.S. economy in 2006 is continued robust growth, at least at the same pace as in 2005. Ten-year yields are too low.
firm growth intact prospects rising yields
Europe's growth prospects are still intact and the ECB are being very firm about their hawkish stance. We will see yields rising gradually.
data fed linger market minutes percent sensitive yield
The Fed minutes are very important, and the market is very sensitive to data today. Most likely, we will linger around the 5 percent level, in yield terms.
economy-and-economics looking money strong year
We are looking for another strong year for the U.S. economy. I would not put my money in the long end.