An argument can be made the world’s sovereign debt markets just got a lot riskier as Sweden just ended a half of decade of negative rates. The question at hand will other central banks follow their lead? Everything in the world is priced...
An argument can be made the world’s sovereign debt markets just got a lot riskier as Sweden just ended a half of decade of negative rates. The question at hand will other central banks follow their lead? Everything in the world is priced...
As with months’ past, there was little attention focused on the impeachment drama. For the moment trade, the primary catalyst of 2019 is not an immediate issue. Will activity continue wane as the year is quickly coming to an end? ...
Equities were relatively quiet as the euphoria over a partially completed trade deal began to fade. Economic data continued to be stronger than expected including pivotal housing data that stated permits rose to a 12 year high. More over the number of October’s...
Three months ago the pundits were dogmatically stating a recession was inevitable. Today some are suggesting fourth quarter growth could be over 2.5%. As widely discussed the third quarter expanded at a 2.1% pace versus the consensus estimate of 1.3%. ...
Many times I have commented about the narrowest of today’s market, stating a misstep from one of the titans can have an outsized impact, an impact that is double the impact that these titans have had on the advance of the last three years. ...
As largely expected the Fed left interest rates unchanged and signaled it would keep them on hold through 2020 amid a solid economy. The vote was unanimous, the first since May. ...
An argument can be made the proverbial buy on rumor and sell on fact phenomena could occur following the agreement of any trade deal. Yesterday the “New NAFTA” was agreed upon and the markets had little reaction. Can we make the assumption that ...
It is often written the markets are a microcosm of the myopicy of current perspectives. The issue at hand is to recognize the next myopic dominating view. ...
Wow! The jobs data was a complete blow out. November’s payrolls climbed the most since January. October’s statistics were revised higher. The increase in wages is now at a cycle high. Yes the labor participation rate did decrease by 0.1%...