Are They Driving Too Fast?! – Notes for Week Ended 6/15
Following the most recent Fed rate hike decision last week, Fed Chairman Jay Powell went on record suggesting it is a puzzle why long bond yields are staying so stubbornly low. Yet for those well researched in the dynamics of the bond market and the crowd-based wisdom it can convey, the message is clear: the […]
After Brief Affection with Foreign, US Investors Again Turn Sights To Home – Week Ended 6/8/11
The first full week of June was again characterized by foggy and uncertain geopolitical headlines, but the number of positive fundamental developments continued to outweigh those that in isolation would be viewed with a negative lens. As a result, domestic equities managed to build on the positive result for May with an advance of +1.7% […]
Geopolitical Fog – Commentary for June
“The biggest business in America is not autos, steel, television”, or apples. “It is the manufacture, refinement, and distribution of ‘anxiety’.” Such was penned by media legend Eric Sevareid (who was an American author and CBS radio and television news journalist from 1939 to 1977) when the “news” consisted of a morning newspaper and a […]
“Sell-in-May” Advocates Likely Disappointed Thus Far – Week Ended 5/18/18
The most watched of US indexes yielded slight ground during the week ended May 18, with the S&P500, Dow, and Nasdaq each sliding between -0.5% and -0.7%. Bonds continued to experience downward price pressure with key interest rate benchmarks resuming their inching-up. Weaker equity performance however comes on the heels of an eight day winning […]
