Yesterday I rhetorically asked whether reality will return to the bond market with a vengeance. At the time of this writing the 10-year Treasury is yielding 1.37% up from ...

July’s employment data exceeded all estimates. More importantly the previous month’s data was revised higher thus suggesting considerable underlying strength. ...

The indices are on the verge of rolling over. Bloomberg writes for the fifth time this year the S & P 500 has traded to this pivotal support line and in every instance rebounded. Will today be ...

Friday Bloomberg quoted a $2.2 billion Treasury portfolio manager at Wells Fargo with 30 years of experience stating “The Fed has killed the interest rate cycle. I think the Fed determines we are on a ...

FRB Chair Powell is adamant inflation is “transitory,” that current generational high prints for the inflation statistics are “one and done.” It appears the only group that believes this perspective is the Fed itself and ...