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Susan Estes
American business executive
Susan Estes is a prominent business executive and entrepreneur, currently serving as a Board Member at Capital Pulse Inc. She has a substantial background in finance and healthcare, having co-founded the company in 2022, which focuses on healthcare finance solutions. Prior to her role at Capital Pulse, Estes was the Founder, President, and CEO of OpenDoor Securities from 2014 to 2021, showcasing her extensive experience in the financial sector.124
Education and Background::
- Education: She graduated from the University of Redlands.
- Career Highlights:
- Board Member at Capital Pulse Inc since 2022.
- Former CEO of OpenDoor Securities.
- Advisor to high-level executives in various capacities.
Estes is recognized for her leadership and innovation in financial services, particularly in creating opportunities for women in finance. Her contributions have made her a respected figure in the industry.34
Highlights
Lyn Alden's recent piece, THE BOND MARKET IS THE "DUMB MONEY" NOW, is a great read.
"A commonly cited example of bond market intelligence is the predictive power of the yield curve. Every time the 10-year Treasury rate (which is mostly determined by the private bond market) has gone below the 3-month Treasury rate (which is closely tied to the current rate that the Federal Reserve is setting) in recent decades, it has correctly foreshadowed a recession."
"However, here in the 2020s the bond market is riding on a lot of reputational momentum. The things that made it the smart money previously are now largely gone. That’s not to say that the people trading it are any less intelligent than before, but rather it is to say that the structure and size of the market is such that intelligent bond traders are not the primary movers of the market anymore. As a result, the informational value that we can get from the bond market is now greatly diminished."
#ustreasurymarket #ustreasuries #bondmarket #capitalmarkets
"US government debt held by the public is on pace to reach a record 106% of GDP in 2028, up from 97% in fiscal year 2023. It has sored to $27 trillion from $17 trillion in early 2020 and $5 trillion in 2007. The unchecked growth of US government debt is gaining more attention as interest rate payments also take a larger bite of the government's budget - in some months exceeding spending on on national defense. The worsening trajectory has boosted demand for bitcoin and gold, which are often used as a hedge against inflation and the depreciating purchasing power of the US currency."
#usgovermnentdebt, #ustreasuries #inflation #treasurymarket
