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Markets, led by energy and defense, staged a strong advance following the Paris bombings. Some were expecting considerable selling, the result of the proverbial fear trade...

I write my comments the night before thus suggesting today’s remarks may be meaningless given the events that occurred Friday evening. Has the world forever changed? Did the European progressive movement end dramatically? How will Pairs affect the US presidential election and proposed economic policies?...

Typically bond investors and economists have little difference of opinion. Today the gap is huge. According to economists surveyed by the WSJ, the Fed Funds rate should climb to 2% in a two year period. Ten year treasury investors with a yield at 2.04% do...

Markets traded lower Friday on August’s employment data.  I believe the statistics were mixed and can be used to make a case for or against a rate hike at the upcoming FOMC meeting.  I again ask does 0.25% really matter economically?  Unfortunately it...