The 10-year Treasury rate has broken out.In less than two months, it has jumped 44 basis points.Equities are selling off.But how sustainable is the rise in these yields, given the leverage in the system? Chart 1 is causing a lot
October 11, 2018
Shares of New York Times (NYT) were on the rise after JPMorgan analyst Alexia Quadrani raised her price target on the stock to $32, citing ongoing digital subscriber growth as the “Trump bump continues.” Since taking office, President Donald Trump
Amid the ongoing global equity malaise, just about the last thing anybody needs are more negative headlines out of Italy. But when it rains, it pours, which is why on Thursday afternoon, Reuters reported that the ECB will not throw
This morning, renowned economist Nouriel Roubini and CoinCenter director of research Peter Van Valkenburg testified before the U.S. Senate Committee to discuss the cryptocurrency and blockchain ecosystem. “Doctor Doom” rattled his grievances with crypto, calling it “the mother or father of all scams and
“Since 2013 China continues to absorb physical gold from the rest of the world at a staggering pace.Worth noting is that gold imported into the Chinese domestic market is not allowed to be returned in the foreseeable future. Because ownership
All booms end in recession. So who will accept the blame for the next one? Of course, nobody will volunteer to take any portion of the blame. Yet fingers will most assuredly be pointing. Trump will blame the Fed
I’ve been with my wife for 17 years. And after all that time I finally figured out something really important when we’re fighting – never, never tell her to calm down when she’s mad. You see, this is very important
Bank stocks have perked up a bit lately on rising interest rates, but the industry has struggled this year on persistent worries about the shape of the yield curve, trends in loan portfolios and trading volumes and the duration of
This was not supposed to happen. The Dow is now down almost 2000 points (650 more today) from its record highs last week. S&P and Dow have broken overnight lows (futures) as Nasdaq holds just above it for now. Dow Futures
News headlines proclaimed a strange anomaly in the financial markets this week as both stocks and bonds fell together. Typically, when stocks crash, money moves into the bond market and other safe-haven assets to protect capital, but that’s not what
