Federal Reserve Governor Lael Brainard reiterated yesterday well know known Federal Reserve talking points. She stated it will take “some time” to meet the conditions laid out by the Fed for reducing the pace of its massive asset purchases of ...
Rapidly rising interest rates are weighing upon the markets. There are many causes for this rise but perhaps the two widely accepted reasons are the incessant demand for monies by the government as...
The S & P 500 and NASDAQ were posting losses of 1.8% and 3.5% respectively before FRB Chair Powell’s reassuring remarks on inflation and growth. Powell indicated that the ...
The realization of higher interest rates was a major reason as to why tech stocks pulled back yesterday. Financials and energy however were higher on greater ...
Wow! A broad measure of input pricing—Markit PMIs--rose to an all time high. Typically, such is associated with either rising consumer prices or falling margins or ...
The 10-year Treasury is at the highest yield in a year. Many market luminaries have defended current lofty valuations—the highest since the records achieved during the ...
Treasury yields surged to the highest in a year over economic and COVID optimism. A Bloomberg headline read “US COVID cases are Plunging.” The article commented more than ...
Last week I commented that several bulge bracket firms are warning about the difference in valuations between the mega sized companies and the rest of the ...
It appears more bulge bracket firms are publicly recognizing the massive valuation differences between the mega sized tech companies that dominate the indices and the ...
Yesterday all markets were relatively subdued as fed speakers, Treasury auction and data had little impact....