The above graph from the St. Louis Fed’s database shows the option-adjusted-spread (OAS) on the investment-grade or high-grade corporate bond…
Still a secular bull equity market: 2000 through 2002 was a pretty painful bear market for the SP 500, and…
(Work is being done to update this blog so if it looks unusual or if there are problems publishing or…
The name of the bond market game since Covid-19 hit, if it can be summarized in one sentence, is that…
Many thanks to Jeff Miller at www.dashofinsight.com for picking up yesterday’s SP 500 Earnings Update post on his blog this…