Germany just sold two-year government bonds at a -0.38% yield. This might sound crazy and one might be tempted to short such bonds directly or via the DB 3x German Bund Futures ETN (NYSEARCA:BUNT). That being said, Germans are thought
November 19, 2015
“Gold is unique among assets, in that it is not issued by any government or central bank, which means that its value is not influenced by political decisions or the solvency of one institution or another.” Salvatore Rossi, Central Bank of
China is loosening its one-child policy, which leads an economist to wonder how the demand for housing will respond. The United States experience argues for little impact, though China may go its own way. Over the past 40 years American houses
Tiding over a long list of apprehensions, 2015 has so far been a great year for some corners of the investment universe. The optimism is validated by an improving job market, rising consumer confidence, stepped-up economic activities, an improving labor
No follow through, but healthy action saw markets hang on to yesterday’s gains. Volume declined to keep sellers at bay. The S&P is still working off a ‘sell’ trigger in the MACD and On-Balance-Volume. However, the index remains above 20-day
Having suffered a little recently on the heels of retailer concerns, Nike – the best performer in The Dow this year – is surging back towards all-time record highs after unleashing a new share buyback program(upping the limit from $8bn to
The rally we saw in US equity indexes yesterday didn’t spill over into today’s action. The Benchmark S&P 500 spent the session in an extremely narrow trading range — only 0.38% between its intraday low and high, the fourth narrowest
“Participants in our US markets deal with a technological arms race, conflicts of interest, fleeting liquidity in times of stress, and an ever increasing amount of trading taking place in a vast network of opaque darkness. The public markets are
I was absolutely stunned to learn that the Baltic Dry Shipping Index had plummeted to a new all-time record low of 504 at one point on Thursday. I have written a number of articles lately about the dramatic slowdown in global
The Fed has many problems with its attempt to convince the world that it has itself fulfilled its recovery mission. That self-reflected “mandate” is meant to include a masterful revisit to prior American infatuation with debt and credit. There was
