Magic in Tapering

Taper Magic

葉琳上, 桑墨士下, 這回Bernanke出台又宣佈Treasury 450亿, MBS 400亿
中央银行買回政策不变, 且無 Tapering Schedule

戲法, 一套套

僅就目前美國一些Economic Data 記下, 以便以後查詢比對
那–個數據是Tapering轉為執行依據


GDP
Jun 30 data 2.5%

Unemploymnet
Aug 31  7.3% < Previous Month 7.4 but = estimated 7.3

Inflation rate
Aug 15  1.5% < previous month 2.0 and estimated 2.18

M2
July 15 10709.70

Balance trade
July 31  -39147 < previous Month -34543 but > estimated - 40156


Capacity utilization
Aug 15   77.84 > Previous Month 77.65  and Estimated 77.83

House index
Aug 15   891 > previous Month  883 and Estimated 878.39

Retail sales YOY
Aug 31   4.7% < Previous Month 5.70 % and Estimated 5.8%

HOMEAUTOSAVINGSCREDIT CARDS

30-year fixed

4.4%

15-year fixed

3.5%

Equity

6.1%

National averages fromBankrate.com

PRICE CHG	YIELD (%)
* at close
See Full Daily Closing Prices USA 30 year bond yield as of Sept 18 Comapring to S & P500   (1725.52) Commodity FUTURES LAST CHANGE See note on contract specifications and update times . Crude Oil 108.45 0.38 Natural Gas 3.802 0.015 Gold 1362.5 54.9 Copper 3.32 0.04 Coffee 114.70 -0.25 Corn (¢) 457.50 1.25 Lean Hogs (¢) 87.800 -0.150 Live Cattle (¢) 129.400 0.450 Soybeans (¢) 1352.2 4.5 Sugar (¢) 17.45 0.05 Wheat (¢) 646.8 0.2 Lumber 349.6 1.5 USD 80.22 as of Sept 19
1-Month Bill	0/32	0.005
3-Month Bill	-0/32	0.010
6-Month Bill	0/32	0.038
1-Year Note	0/32	0.109
2-Year Note	1/32	0.315
3-Year Note	2/32	0.658
5-Year Note	1/32	1.420
7-Year Note	-0/32	2.058
10-Year Note	-2/32	2.699
30-Year Bond	-18/32	3.777

6.20

6.10

6.00

5.90