Before I show why they have been wrong, I am going to cite some celebrated economic pundits who said that the long bonds would go up in yield after QE. After all, they thought they had it right. And you
September 14, 2015
As an Investment Advisor there is a fiduciary responsibility to be honest and forthright in all matters. It’s increasingly frustrating to see so many examples of Advisors who neglect these responsibilities to their clients, in order to enrich themselves. Here we
Gold and silver took their usual price hits this morning in NY, afternoon in London. Gold managed to climb all the way back to a slight gain while silver remained slightly lower. It is all about the Federal Reserve and
The S&P 500 snapped a two-day advance with a modest -0.41% loss. The markets, of course, are focused on its sugar daddy, the Fed, and whether or not it will announce a rate hike Thursday afternoon. The yield on the
It’s just a harmless little 25bps rate hike… The market’s implied probability of a September rate hike was flat at 28% today… But today’s weakness started in China when – just as the greater fools thought it was safe to
Everything is really gearing towards Thursday’s rate decision, but there may be a fake move before then. Shorts may find joy in the Tech indices given the favourable risk:reward, but I wouldn’t be surprised if such short positions were whipped
According to the amalgamation of ‘Leading Indicators’ to the economy, it is time for a rate hike. Here is the graph of LI and Fed Funds, from Wisdom Tree’s post on the subject. It is and has been also time to
As you may have heard the Fed will decide whether to get off the zero bound this week, or not. The economy does not call for it. This nonsense about a ‘tight labor market’ is mainstream media baloney, with the
Investors frequently diversify their portfolios between stocks, bonds, and cash, between different sectors of the economy, and geographically. However, an important but often overlooked type of diversification is active and passive management. Active management “Active management” means the investor actively
Stock markets world-wide have been in turmoil over the past few weeks. While panic selling was initially triggered by currency devaluation in China, anemic global growth and uncertainty related to rate hike by the Fed, have added to investors’ concerns.
