In another market-based indicator that inflationary pressures are contained for the time being and should not be a major concern, the fixed rate for 30-year mortgages fell to the lowest level in 2011: 4.55%.  That’s the lowest level since early … read more >

The chart above displays monthly employment levels for the U.S. manufacturing and agriculture sectors back to January 1948.   Note that: 1. Compared to 1948 levels of employment, the U.S. agriculture sector has lost more than twice as many jobs (5.83 … read more >

Via Academic Earth:   The London School of Economics(LSE) offers a Bachelor of Science in Economics that can be earned entirely through distance learning. The program is administered through the University of London External System. Requirements and Costs: The degree … read more >

As I’ve reported before, the “breakeven rate” – the difference between 10-year nominal Treasury yields and 10-year Treasury Inflation Protected Securities (TIPS) yields – is one market-based measure of expected future inflation.   As of today, the breakeven rate was 2.17%, … read more >