Declining Labor Momentum The chart below shows the net number of states with increasing or decreasing unemployment rates. This is like a breadth indicator for the labor market. As you can see, there are about 23 more states with decreasing
February 20, 2018
How much you can afford to spend in retirement? It’s a question the majority of us inevitably face, yet it’s an answer that can prove elusive. This is where the 4% Rule can help. The 4% Rule is a general
India has been falling prey to frauds and the latest is nothing short of a nightmare for public sector banks. The issue at stake is that if investors are not confident about the government’s operations and if the inherent risks
In mainstream monetary convention, bank reserves are at the center of the monetary pyramid. They are the byproduct of any central bank policy which requires direct action. In the US system, they had been absent, however, until around 2008. The
Our cowgirl (cowperson?) rides triumphantly on her stallion, both of whom are dressed in tricked out accoutrements. We could say that the rider is Sister Semiconductors and her horse is Nasdaq 100. The caption below “Above Sea Level,” is where
After a slow, steady grind lower in natural gas prices the last two weeks we finally saw an introduction of colder risks in the long-term weather forecasts that helped pick prices back up today. Despite some selling into the settle,
Yesterday’s enthusiasm could not be sustained in such thin volume and so it was with HSBC’s earnings miss that returns the fear! The Nikkei took much of the steam and consequently returned 1% of its recent gains. The finance sector
Gold and silver were being hit today, for several reasons. The yields on Treasuries were rising because of the record high issuance of notes and bills his week in the neighborhood of a quarter trillion dollars. That drove the US
The odds of a Qualcomm-Broadcom merger continue to run thin as Qualcomm takes even more defensive measures to try to fend off a takeover. Analysts believe the drama could come to a head at the shareholder meeting next month, but
Let’s have a look at a long-term perspective on Treasury yields as of Friday’s close. The chart below shows the 10-Year Constant Maturity yield since 1962 along with the Federal Funds Rate (FFR) and inflation. The range has been astonishing.
