A Tale of Two Bonds
It was the highest of yields, it was the lowest of yields, it was the age of up up up, it was the age of down down down, “it was the epoch of belief, it was the epoch […]
The next Fed rate decision
I. Don’t be overly surprised by a Fed rate rise at the next FOMC meeting on Wednesday, December 16, 2015
- Although off cycle announcements are a remote possibility, this is a Fed that wants to avoid surprises
- Even though several economic indicators are worse now than they were in 2012 – when QE was purchasing $85B a […]
The market perceives bargains to be had
With economies strong and interest rates still historically low, the market perceives bargains to be had; the world is on sale. Whereas around the globe – from Los Angles to Moscow and Sao Paolo to Shanghai – most people are paying more for food, clothing, utilities and housing than they did six years ago, a […]
February was a consolidation month for stock markets
February was a consolidation month for stock market levels. Following January’s market optimism, the US economy continued to power through February. Although market levels were tested and US Treasuries weakened, nothing collapsed. For economists and strategists, the largest pill to swallow was the realization that the Fed may not be as close to the end […]