First, a quick note of thanks to Jeff Miller, on his two articles on caution warranted on interpreting the nonfarm payroll report. The first article – which was last weekend or August 2nd – laid the premise for how to … Continued
Many thanks to Jeff Miller at www.dashofinsight.com for picking up yesterday’s SP 500 Earnings Update post on his blog this weekend. ———————– So much of the mainstream financial media focuses on the stock market, and yet the corporate bond markets, … Continued
Nothing has really changed yet in terms of “style-box” returns with Growth outpacing Value and Large-Cap beating Small-Cap. Late in the week of May 222nd, The CFA Society of Chicago held a webinar with Gina Adams of Bloomberg (one … Continued
This is a spreadsheet kept on Bloomberg bond market data, which i find very helpful (the Bloomberg data, not the spreadsheet). The data is thrown up once a week to keep an eye on asset classes that don’t really … Continued
Since last Wednesday night’s April 1, 2020 close, the SP 500 has risen over 11%. Crude oil bottomed in February ’16 at $28.50 per barrel (?), and I’m not sure if that was WTI or Brent. Today, WTI closed at … Continued
HYG is testings it’s 200-week moving average, but is still above the upwardly-sloping trend-line off the Q1 ’16 lows. With the 50 bp’s fed funds rate reduction by the Fed, high-yield credit is always worth watching. With the Fed … Continued