• All
  • Capitol Securities News
  • Equity Research
  • Independent Office
  • Locations
  • Market Commentary

Many times, I have commented about the massive influence that technology and algorithmic trading have upon the market. Dated SEC statistics suggest 90% of volume is the result of ...

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 ...

Equities stumbled on headlines that the coronavirus is impacting supply chains threatening the means of production for many technology companies. Some also remarked candidate Bloomberg’s proposal of a 0.1% financial transactions tax also impacted trading. ...

Several times I have referenced at 2015 interview with Amazon’s Jeff Bezos where he commented that algorithms could be written to manipulate/influence stock prices but “this of course would be illegal.” ...

December’s jobs data was nominally disappointing. In my view the biggest disappointment was wage growth which fell below 3% for the first time since July 2018. Based upon the Phillips Curve, wages should be rising with low unemployment. ...

Did Iran back down? Did brinkmanship win again? Only history will answer this question. Perhaps the only certainty to write is the media/blogosphere is filled with official sounding but completely unsubstantiated reports. ...

The 8:30 headline describing September’s jobs data read “US Payrolls Miss Estimates as Wages Cool in Signs of a Significant Downshift.” The article stressed the nominal miss in both private sector and non-farm payroll gains ...