The first look at Q2 ’18 GDP will be Friday morning, July 27th, 2018 and expectations have risen sharply throughout the quarter. Some think Q2 ’18 GDP could hit 4% – 5%, but the prognosticators don’t really provide where the … Continued
(The Weekly Earnings Update will be delayed this coming weekend – it likely wont hit your inbox until Sunday night, July 15th or Monday morning, July 16th, 2018. Thanks for your patience.) The June payroll report last week showed that … Continued
Europe is weak, China seems to be weakening, trade and tariff issues have suddenly made everyone nervous even though the dollar amounts seem to have been reduced so does that mean Treasuries are poised for a decent rally here ? … Continued
https://www.frbsf.org/education/publications/doctor-econ/2013/march/federal-reserve-interest-balances-reserves/ One article read this weekend – think it was from the CNBC app – noted that the surprise with this week’s FOMC announcement could be that that the Fed starts paying interest on member bank deposits ? I have … Continued
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