Two charts from two very good technical analysts: The first chart is from Gary Morrow, a hedge fund manager in San Luis Obispo, California. Gary is noting the key level on the TLT, which is $116.51 or … Continued
(The weekly SP 500 earnings update will be out early Sunday morning – the close in the 10-year Treasury yield on Friday, April 20th, could be a game changer and SP 500 earnings might take a back seat what is … Continued
The 10-year Treasury yield is two bp’s away from its 2018 high of 2.95% and through that level is 3% – 3.03% which are the 2013 high ticks for the key Treasury security, and once we take out 3.03% we … Continued
Always grateful when the thoughtful and measured Jeff Miller, the author of one of Seeking Alpha’s more popular weekly columns, “Weighing the Week Ahead” mentions this blog in the weekly market recap. Jeff writes a very thorough piece – that … Continued
Listening to the financial media every day, and watching the stock and bond markets trade, there is always an “immediacy” to the news, and it tends to be binary: either great wealth is being created daily and you are “missing … Continued
Each quarter, we get the JP Morgan “Guide to the Markets” which I think is chock full of good economic and market data. Dr. David Kelly and the JP Morgan analytical crew do a nice job compiling this 70-odd … Continued
https://data.bls.gov/timeseries/LNU04000000?periods=Annual+Data&periods_option=specific_periods&years_option=all_years The above link is a data set from the BLS for post World War II unemployment rates, and with the US economy currently sitting at 4.1% unemployment the night before the December ’17 non-farm payroll and unemployment data are … Continued
Supposedly, the old-school Sicilian Mafia have an old saying, “the snake lays coiled in Napoli” which supposedly means that in older Italy, when the Mafioso ran the country and the Mafia power centers were split between Sicily and Naples, the … Continued
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