08/09/2017: Stop worrying and love the bond market
The headlines about fire and fury and escalation and threats and all that has happened the past 24 hours are alarming. No doubt about it. Without discounting the reality of what's going on, allow us to cut through the fear a little bit. Nothing in this economy reacts as viscerally to the news as the markets to. The bond market, in particular, is a refuge in times of uncertainty. And it's telling us to take a deep breath. We'll explain. Then: For the first time in 60 years, the U.S. is set to become a net exporter of natural gas. Now we need to get the infrastructure up to speed. Plus: Go ahead, cut the cord, see if cable companies care.
Segments From this episode
The headlines about fire and fury and escalation and threats and all that has happened the past 24 hours are alarming. No doubt about it. Without discounting the reality of what’s going on, allow us to cut through the fear a little bit. Nothing in this economy reacts as viscerally to the news as the markets to. The bond market, in particular, is a refuge in times of uncertainty. And it’s telling us to take a deep breath. We’ll explain. Then: For the first time in 60 years, the U.S. is set to become a net exporter of natural gas. Now we need to get the infrastructure up to speed. Plus: Go ahead, cut the cord, see if cable companies care.
