Four months ago many were commenting about the lack of volatility, pontificating the current conditions could last for a long time given massive cash balances.  Fast forward to today.  The consistency in the comments from the large financials’ earning releases is the “volatile volatility” which...

Equities fell again yesterday as December’s retail sales disappointed, casting doubt on the thesis plunging gas prices will boost spending.  Some have argued the disappointment is the result of rising health care premiums, low labor participation rates, and increasing rent amplified by lack of wage...

The Minutes from the December FOMC meeting were a nonevent.  The Minutes stated the risks from overseas, which include the plunge in oil prices, are largely offset by domestic strength.  Inflationary concerns remain low and the timing of any change in interest rates remains around...

Oil prices and Treasury bond yields both fell again yesterday.  The drop in both will end when all least expect as the momentum is great.  In my view there is indiscriminate selling in one and indiscriminate buying in the other as the market narrative is...