There is a whole generation of investors that think that bonds and bond funds, and bond ETF’s are “safe”, i.e. low risk of loss, modest returns, etc. And that has been true for a while. In the late 1990’s, the … Continued
Jeff Gundlach, the “new” media-appointed Bond King in the last year, (and Jeff has made some good calls) who runs his own bond firm, DoubleLine Capital, was on CNBC yesterday (11/11/16) and weighed in on all things political, economic and … Continued
Well. the long expected correction arrived Friday, September 9th, 2016, perhaps due to the 10-year Treasury yield breaking out of its post-Brexit trading range, and ending the week at 1.67%. Reading Bespoke’s weekly report at Saturday morning breakfast, just 35% … Continued
In a word, I would say, “No”. But it’s being played up in the financial media like the recent PowerBall Lottery grand prize. Could the SP 500 and Nasdaq correct 20% – 25% ? Absolutely. While perusing Twitter tonight during … Continued
A better title for tonight’s post might be “What is the True Growth Rate of Q1 ’15 SP 500 Earnings ?” since so many look the SP 500’s p.e ratio and draw conclusions from that metric. I asked Greg Harrison, … Continued
Long being fans of Bernie Schaeffer’s technical research and the work produced by Schaeffer’s Investment Research, we noted this chart over the weekend, put out Sunday by Bernie Schaeffer, that is entitled “Chart of the Week” and discusses Bernie’s view … Continued
We’ve had a tougher year in our balanced and fixed income accounts, mainly because like the 99% of the other money managers in the universe of money management, we thought interest rates would rise again this year, (sentiment should have … Continued
High blood pressure is widely known as “the silent killer” for good reason. This blog post is a continuation of our blog post from 8/5/14 on liquidity in the bond markets. Today as an RIA managing individual investor money, and … Continued
Hopefully readers can see the weekly chart of the 10-year Treasury Yield, from the TNX or the CBOE 10-Year Treasury Yield Index contract. It looks like a perfect “hold” or save in terms of the 10-year Treasury Yield 200-week moving … Continued
Our two “top-down” trades that have gone wrong in 2014, have been the yield curve flattening, where we thought rates would continue to move higher into 2014, and the retail / consumer discretionary trade, which we thought would end with … Continued