What makes today different is the speed of the unrelenting decline where a liquidity issue is perhaps morphing into a solvency issue. The Federal Reserve threw everything in including the kitchen sink to perhaps to no avail.
...According to Bloomberg last week was the most volatile week in history. In my view the greatest risk at hand is the liquidity issue morphing into a solvency issue. I would like to use the $3.9 trillion municipal bond market as example of how trading...
Words cannot express the carnage, the volatility, the fear of today’s market implosion. All markets have been decimated anywhere between 25% and 75% in 30 days. Many times, I have commented about the velocity of change but never had I envisioned
...We are living in historical times. The S & P 500 has moved a record 4% or more in eight consecutive sessions. The previous record of six days was set in 1929. Moreover, yesterday the markets stopped trading twice because of declines.
...A Bloomberg headline read “A Volatility Doom Loop May Be Taking Hold In US Markets.” The article cited “unnamed SEC officials” talking about the issue of risk parity funds and high volatility funds reinforcing this negative loop amplified by low liquidity.
...This too shall pass, focus on the positives and known information, not hyperbole and conjecture. In many regards both big business and government is fanning the hysteria under the much over used line of “Abundance of caution.” ...
At the time of this writing, S & P 500 futures hit limit down for the second time in a week. Last night’s mega sized neutron Federal Reserve bombing of the markets had little impact. All are attempting to digest the ceaseless ...
It is ugly!!! The S & P 500 just had its fifth worst percentage decline in history. It was the greatest percentage drop since October 19, 1987. One large trading firm commented that they have tried everything to appease ...
Equities plunged again following the World Health Organization’s declaration that the coronavirus is now a pandemic. Stocks were also jilted by the lack of follow up surrounding a potential stimulus plan. And then there is the evolving ...
According to Bloomberg, for the first time since the 30-year Treasury came into existence in the 1970s, 30-year Treasury yields are now below the dividend yield for the S & P 500. For the 10-year, yields are one percentage point below the ...