Nervousness amongst many iconic market luminaries is rising with one calling the current environment the “Wild West.” In my view a major reason for this nervousness is the massive influence of the absolute dollar amount of assets in ...

Stocks advanced globally after the US and China reached a fresh truce in the trade war and agreed to resume talks towards a deal.. Gold and Treasuries retreated and oil is ...

The G-20 meeting commences today. Will the outcome be a surprise? I guess it depends how surprise is defined. Countless people have offered expert opinions on what may unfold. We will ...

The bullish in the debt market is at a near unanimity. Most measures are at or near record proportions. One measure of risk relative to the compensation investors receive to hold longer dated obligations is at a ...

As noted many times the markets are suggesting the overnight rate will be lowered 0.75% by year end, a very aggressive 33% reduction. Some were expecting a 0.50% drop at the July meeting only to have their hopes dashed yesterday when one of the...

Yesterday a veteran market professional commented “experience and common sense seem to be useless commodities in the world today.” I cannot agree more with this statement especially regarding the amount of negative interest rate debt outstanding…$12.5 trillion. The amount of negative real interest rate debt...

Natixis SA, the large French bank, plunged almost 14% yesterday after MorningStar cited concerns about the “liquidity and appropriateness” of some corporate bond holdings in a fund owned by the Bank. Natixis’s woes added to the rising liquidity fears following the ...