The big news this week was the Treasury market and the rise in yields, but more on that in a minute. With 488 companies having reported Q4 ’16 earnings already, there is little left to know, and instead we look … Continued
At a CFA Chicago lunch about a week ago, Charlie Evans, Head Fed-head at the Chicago Federal Reserve here in the Windy (and balmy) City, talked about how the Fed plans to shrink the $4.5 trillion Fed balance sheet down … Continued
Many of the pundits around today, probably don’t remember when the fed funds rate was 15%, the Prime Rate was 20% and the 30-year Treasury would fluctuate from 8% to 15% in one year alone, as it did in 1980. … Continued
Readers will kept abreast of sector changes and such over the next 6 weeks of the quarter, but really all eyes should be on 2017 SP 500 earnings estimates and the potential impact from not just personal tax rate reductions, … 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
“One Guy” – listening to the Delivering Alpha conference this week with one ear, doing some spreadsheet work, I was really struck by the gloom and doom of just about everyone at the conference. It was depressing to listen to … Continued
Doug Kass, the famed author of “The Edge” column at Jim Cramer’s Street.com, and a noted bear who gave the bearish perspective on Berkshire-Hathaway the stock (BRKB), to Warren Buffett and Charlie Munger a few years ago at Berkshire’s Omaha … Continued
“Sometimes it is good to have reminders of the mistakes you’ve made.” Brian Bosworth, “The Boz”, ESPN’s 30-for-30 —————————————————————————————— If there is one trade that I haven’t done a good job for clients with off the ’09 low, it has … Continued
Friday morning, November 6th, Wall Street gets the monthly update on the job market as the October ’15 nonfarm payroll report is set to be released at 7:30 am. The last two jobs reports have been on the weaker side, … 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