Wednesday, April 15, 2009

Treasury International Capital (TIC) Data for February!

Here is the new Treasury International Capital Report. Very unsteady numbers.

Treasury Report

Investors haven't been snapping up the bonds. Well, they are undervalued. Better yet, they are under-priced compared to last year's prices. And, on top of that, no one has any money to purchase, we are in a season of lower prices and lower demand.

President Obama said he "saw the first green sprouts" of a new economic period of prosperity. Hopefully, it will be soon....

November and January were the worst months all around. with February, not picking up any significant slack in the process of things.

I think we have to see two months past February, for us to say business has picked up.
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