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According to Bloomberg last week was the most volatile week in history.  In my view the greatest risk at hand is the liquidity issue morphing into a solvency issue.  I would like to use the $3.9 trillion municipal bond market as example of how trading...

We are living in historical times.  The S & P 500 has moved a record 4% or more in eight consecutive sessions.  The previous record of six days was set in 1929.  Moreover, yesterday the markets stopped trading twice because of declines.

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At the time of this writing, S & P 500 futures hit limit down for the second time in a week. Last night’s mega sized neutron Federal Reserve bombing of the markets had little impact. All are attempting to digest the ceaseless ...

Equities plunged again following the World Health Organization’s declaration that the coronavirus is now a pandemic. Stocks were also jilted by the lack of follow up surrounding a potential stimulus plan. And then there is the evolving ...

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 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...

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. ...