Six Scary Bond Charts!
Investing in government bonds made you a lot of money in recent years. US bond yields were pushed down to unimaginably low levels, but the real bond madness happened in […]
Investing in government bonds made you a lot of money in recent years. US bond yields were pushed down to unimaginably low levels, but the real bond madness happened in […]
A very ‘compact’ Week End Blog on Labor Day to get your weekend going. Big news out of the US. First quarter GDP growth came in at a ‘whopping’ +0.1%. […]
At the beginning of the week The Wall Street Journal sent this graph out into the world. It showed that in recent years the number of days that the S&P […]
Lots of China news in the Week End Blog. After a total collapse of new loans in July, aggregate financing strengthened somewhat in August. But, the change that occurred in […]
Let’s start this Week End Blog on a positive note. Believe me you are going to need it. Geopolitical tensions eased somewhat compared to last week. The ceasefire in Gaza […]
There is little to cheer about this week. Geopolitical risk spiked as Russia retaliated with bans on fruit and vegetables from the West, President Obama unexpectedly authorized airstrikes in Iraq […]
Suddenly, turmoil reached the markets this week. The main cause, Banco Espirito de Sanco, or more accurate, its parent company Espirito Sanco International, which missed a payment on its short […]
All eyes are on Draghi and the ECB. Clearly, the market is expecting additional measures to be announced next Thursday. And, based on the German 10-year bond yield, which has […]
This week, peripheral bonds took center stage. After a massive rally, the market suddenly decided to get rid of them. Spreads widened aggressively, only to revert in the last couple […]
This week was dominated by the ECB meeting on Thursday. While the ECB, again, refrained from changing its monetary policy, Draghi did seem to hint at some action in June, […]