Uhuh, sure. Fed's Lockhart: June is a 'live meeting' http://www.cnbc.com/2016/05/03/feds-lockhart-june-is-a-live-meeting.html
Is the US government a thread from defaulting? Maybe under Trump!? Donald Trump just threatened to cause an unprecedented global financial crisis There's a big difference between government debt and private debt. http://www.cnbc.com/2016/05/06/donald-trump-on-us-debt.html
Yeah uhuh, uhuh. We believe you. December. Gundlach sees 'some rebellion' from Fed hawks http://www.cnbc.com/2016/05/12/gundlach-sees-some-rebellion-from-fed-hawks.html
Of the approximately $20T debt, 35% of it is held by foreign entities. Maybe Trump can figure out how to default only their debt http://ticdata.treasury.gov/Publish/mfh.txt MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (in billions of dollars) HOLDINGS 1/ AT END OF PERIOD Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Country 2016 2016 2015 2015 2015 2015 2015 2015 2015 2015 2015 2015 2015 ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ China, Mainland 1252.3 1237.9 1246.1 1264.5 1254.8 1258.0 1270.5 1268.8 1271.2 1270.3 1263.4 1261.0 1223.7 Japan 1133.1 1123.5 1122.6 1144.9 1149.2 1177.1 1197.0 1200.8 1197.1 1214.9 1215.9 1224.7 1224.4 Carib Bkg Ctrs 4/ 361.1 350.5 351.7 336.6 322.2 322.7 329.2 323.9 318.5 311.4 295.6 292.8 281.6 Oil Exporters 3/ 281.0 293.0 292.5 289.0 291.4 291.3 293.2 298.4 296.7 296.8 292.9 297.3 296.8 Ireland 255.5 252.2 265.1 246.4 232.9 222.5 216.4 216.6 217.7 209.0 215.7 214.3 206.5 Brazil 247.3 255.7 254.8 255.0 255.0 251.6 255.3 257.9 256.3 258.5 262.7 261.5 259.9 United Kingdom 2/ 236.5 223.3 218.3 215.4 211.7 215.1 223.9 214.1 215.7 200.1 195.8 200.4 194.0 Switzerland 236.2 237.4 231.9 227.1 225.6 227.6 222.7 218.4 217.0 222.7 215.8 211.8 201.7 Luxembourg 208.8 200.2 200.5 193.0 188.2 191.0 184.8 185.2 183.4 177.0 171.0 176.7 179.2 Hong Kong 201.7 201.6 200.2 196.6 197.0 198.6 193.2 182.8 181.3 186.3 183.1 180.7 175.4 Taiwan 182.7 183.3 178.7 177.5 178.1 178.1 172.5 172.4 175.6 174.2 170.3 168.2 165.9 Belgium 143.0 137.5 121.7 143.6 138.3 135.8 110.7 155.5 207.7 202.8 228.9 252.8 345.3 India 118.8 119.8 116.8 115.4 116.6 113.5 115.6 116.4 117.0 114.0 110.3 107.7 101.7 Singapore 111.5 113.9 110.3 108.3 111.6 122.9 116.0 112.7 113.6 110.3 109.7 110.6 109.7 Russia 87.6 96.9 92.1 88.0 82.0 89.1 89.9 82.1 72.0 70.6 66.5 69.9 69.6 Germany 80.5 80.2 74.7 83.9 81.6 83.4 80.2 80.0 74.7 76.0 76.3 72.2 68.6 France 78.5 58.4 61.6 58.9 51.6 51.7 58.3 51.4 55.9 51.1 74.9 80.4 70.2 Korea 78.2 74.2 74.6 72.6 69.1 69.4 72.1 74.4 76.7 74.3 71.8 67.2 63.8 Mexico 72.2 69.9 72.2 68.0 72.5 78.7 79.9 85.9 86.2 86.4 87.4 85.0 82.2 Norway 69.8 68.1 69.1 69.7 70.1 69.8 69.4 66.5 67.2 64.8 66.6 71.6 73.2 Canada 69.4 70.7 72.4 68.3 66.8 69.2 66.8 69.2 68.1 70.9 72.0 73.1 70.5 Turkey 53.4 59.8 64.6 67.1 61.9 68.9 72.9 75.4 75.8 78.5 77.8 76.2 79.5 Netherlands 50.7 50.5 49.2 45.2 44.6 39.8 38.7 39.2 36.7 37.1 37.6 38.7 36.6 Thailand 43.0 39.7 39.1 36.3 34.5 31.9 34.2 32.7 31.4 31.0 29.0 31.0 34.0 Philippines 41.4 42.6 43.0 42.8 41.7 41.9 41.1 40.8 39.9 39.0 39.4 39.1 39.8 Sweden 41.0 40.8 39.4 39.6 40.2 40.2 40.8 40.7 40.0 39.1 38.9 38.6 38.7 Spain 38.2 37.1 36.2 35.2 33.8 34.5 34.5 31.7 31.5 31.2 31.4 32.4 29.4 Italy 36.8 36.2 34.6 34.1 34.6 33.9 32.0 32.0 32.9 32.9 32.7 32.5 31.7 Colombia 35.1 36.2 37.0 36.9 36.0 36.8 37.2 36.8 37.6 36.7 35.4 35.2 35.9 Poland 33.5 33.2 30.2 29.8 30.2 28.4 27.6 27.9 28.2 28.5 27.6 28.3 29.3 Australia 33.1 32.1 30.6 30.2 27.6 31.3 29.4 30.9 34.0 32.1 33.8 36.3 34.8 Chile 30.7 28.5 27.3 27.9 27.7 27.8 28.3 29.2 29.0 28.5 28.3 28.6 25.7 Denmark 23.4 22.7 21.1 19.0 18.4 18.4 17.8 18.3 17.1 17.3 16.4 16.6 16.6 Kazakhstan 23.0 23.7 22.6 24.8 23.8 25.4 24.9 24.4 28.4 28.5 27.1 29.7 32.0 Israel 18.7 18.3 20.8 18.1 16.2 17.4 14.9 16.3 20.0 19.9 20.9 22.0 23.5 Vietnam 12.0 12.1 12.3 12.4 12.6 12.6 12.9 13.3 13.6 13.7 13.4 13.7 13.9 Peru 11.5 12.4 12.5 11.6 11.2 11.3 11.5 11.3 11.6 10.9 10.8 11.2 10.8 Malaysia 10.3 9.7 8.5 7.4 6.7 6.5 6.0 6.3 7.1 7.9 7.5 7.6 7.7 All Other 194.7 199.2 191.2 184.7 179.6 182.2 179.7 179.6 178.6 179.8 183.2 175.0 179.7 Grand Total 6236.2 6183.3 6148.1 6125.7 6047.7 6106.3 6102.1 6120.0 6163.1 6134.8 6137.9 6172.6 6163.4 Of which: For. Official 4081.8 4093.6 4094.6 4116.6 4099.2 4147.5 4178.0 4173.7 4178.9 4173.3 4144.9 4138.6 4097.4 Treasury Bills 319.0 329.6 336.7 326.4 307.3 328.0 355.7 359.2 368.3 376.9 367.6 364.5 351.4 T-Bonds & Notes 3762.9 3763.9 3757.9 3790.2 3791.9 3819.4 3822.4 3814.5 3810.6 3796.4 3777.3 3774.1 3746.0 Department of the Treasury/Federal Reserve Board April 15, 2016 * Includes holdings of Treasury bonds and notes as reported on TIC Form SLT, "Aggregate Holdings of Long-Term Securities by U.S. and Foreign Residents" 1/ The data in this table are collected primarily from U.S.-based custodians and broker-dealers. Since U.S. securities held in overseas custody accounts may not be attributed to the actual owners, the data may not provide a precise accounting of individual country ownership of Treasury securities (see TIC FAQ #7 at: http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/ticfaq1.aspx). Estimated foreign holdings of U.S. Treasury marketable and non-marketable bills, bonds, and notes reported under the Treasury International Capital (TIC) reporting system are based on annual Surveys of Foreign Holdings of U.S. Securities and on monthly data. 2/ United Kingdom includes Channel Islands and Isle of Man. 3/ Oil exporters include Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. 4/ Caribbean Banking Centers include Bonaire, St. Eustatius, and Saba; Bahamas; Bermuda; Cayman Islands; Curacao; Sint Maarten; and Panama. Beginning with new series for June 2006, also includes British Virgin Islands.
This is the same guy that takes in enormous sums of money from pension and insurance and 401K funds and "invests" it in US treasury at 1%. BlackRock’s Fink Says Everyone Should Worry About China Debt BlackRock Inc.’s Laurence D. Fink, who oversees the world’s largest money manager with $4.7 trillion of client assets, said “we all have to be worried” about China’s mounting debt amid slowing growth, even as he remains bullish on the economy in the long run. QUICKTAKE China’s Debt Bomb “You can’t grow at 6 percent and have your balance sheets grow faster,” Fink said in a Bloomberg Television interview with Angie Lau on the sidelines of a forum in Hong Kong on Tuesday. “In the future, I would prefer seeing the economy growing 6 percent with some form of deleveraging,” he said... http://www.bloomberg.com/news/artic...-says-we-all-have-to-worry-about-china-s-debt
FED minutes very hawkish in theory putting a June rate hike in play. Yaaaaaaaaawn. No chance. December. I might believe September.