Baum’s Views on Money – Bloomberg 08-08-13

Salient to Investors:

Caroline Baum  writes:

  • Health-care spending has collapsed in most developed nations, not just the US. But as more people get health insurance, the demand for medical care will go up, and with it the price.
  • If Fed talk of tapering was enough to send 10-yr Treasury yields soaring 1 percent, imagine what actual tapering will do. Richard Koo  at Nomura Research says the Fed will need help.

Read the full article at  http://www.bloomberg.com/news/2013-08-08/baum-s-views-on-money.html

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