The volatility in the markets is deafening. Stocks rose yesterday on stimulus hopes and the outcome of Super Tuesday. At the same time, 10-year Treasury yields fell below 1% and the dollar rose as all are waiting for other top economies to follow the Fed’s...
Equities surged on bets global central banks will act in the immediacy and in concert to mitigate the economic impact from the spreading coronavirus. Tech shares—the issues that have the greatest risk to supply chain disruptions—led gains. Oil also ...
As widely discussed, last week was one for the record books…the fastest correction ever because of the coronavirus. Indices were down about 11%-12% last week and off about 14% from their apex. ...
The S & P 500 was on pace for the worst week since the 2008 global financial crisis. The yield on 10- and 30-year Treasury traded again to all-time lows. Fed Funds futures contracts have fully priced a rate cut in April and...
Bloomberg writes the almost impossible has occurred. The weighting of the energy sector in the S & P 500 fell below that of the utilities sector for the first time in history. Bloomberg further writes the PE of the utilities at almost...
The S & P has experienced its biggest four-day slump since December 2018. The 10- and 30-year Treasury yields have plunged to the lowest levels on record. As widely discussed, the coronavirus is blamed for the current rout. ...
According to Bloomberg, equities have only closed down 2.75% seven times since mid-2016. Yesterday made it the eighth time in over 800 trading sessions as all major averages declined over 3.35% on coronavirus fears, closing near ...
Will change ever occur? Value is continuing to trade at multigenerational lows as compared to growth. The 30-year Treasury yield is at an all-time low. Mega sized technology companies are still surging regardless of the daunting issues that they may be facing....
Equities were relatively quiet as all mulled how the spread of coronavirus beyond China will affect earnings. Nominal selling, focused in the technologies, commenced late morning sending averages down between 0.5% and 0.75%. ...
All Democratic candidates are making similar promises. Government picks the winners and losers, pulling support away from entrepreneurship. All support massive social, environmental and deficit spending, negative interest rates, quantitative easing and massive tax increases. ...