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
This graph, lifted from Chris Kimble Solutions, the great technician out of Cincinnati, show shows the 10-year Treasury yield at a critical juncture. This graph, (I think its from from Charlie Bilello at Pension Partners from Twitter) … Continued
The US economy, as well as global GDP growth is accelerating off a slow, post-2008 below-average pace; SP 500 earnings are expected at 10% in 2017 and 11% in 2018, the best year(s) of growth since 2011; Sentiment is starting … 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
After last Wednesday’s Federal Reserve (FOMC) announcement, the aspect that most impressed me about Janet Yellen’s comments was how “dovish” her commentary was, revising down GDP estimates, making moderate comments about inflation and growth, and in general sounding quite “bond … Continued
We had another ugly day in Treasuries today, Wednesday, May 6th, 2015. Here are the recent returns for the IEF (first column) and TLT (second column), the iShares Barclay’s Treasury ETF’s: 1-month:-2.19%, -7.71% YTD: +0.53%, -3.61% 1-year: +5.41%. +10.47% 3-year:+5.66%. … Continued
You always want to be careful when making blanket statements around any investing topic, but if one studies the math around stock and bond volatility, an easy way to reduce portfolio volatility is to add fixed-income securities to a portfolio … Continued
http://www.bespokeinvest.com/thinkbig/2014/6/27/first-half-coming-to-an-end.html Click on the above link from Bespoke and you will see all the various returns by asset class for year-to-date, 2014. It would have been helpful to get the data as of Monday night, but as the old saying … Continued
With the 10-year Treasury poised at a key technical level, just two days in front of the May ’14 employment report due out Friday morning at 7:30 am central, we continue to be fascinated by the Treasury market’s action. In … Continued
In 2011, the SP 500 earnings grew 15% year-over-year, but the SP 500 corrected 20% from the spring through early October, 2011. The p.e compressed from 13(x) to 11(x) from the first week of January, 2011 to the first week … Continued