Students of financial markets may have noted a historically unusual event last week. On Thursday, the yield on 10-year U.S. Treasury notes briefly matched the dividend yield for the Standard & ...
Week In Review – March 1 2021
Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...
Thinking Of Markets
The survey showed asset managers’, “…cash levels at the lowest since March 2013, global equity allocations at a 10-year high, and a record number of respondents reporting taking a ‘higher than normal’ ...
Week In Review – February 2302021
Texas Suffers a Deep Freeze That Pushes Energy Offline… The Lone Star State experienced historically low temperatures that brought some of the nation’s energy complex to a halt as refiners shut down ...
Week In Review – February 15 2021
Oil Prices Push Inflation Up 0.3% in January… Even with the gains last month, annual inflation remained steady at 1.4%. What it means— The cost of gasoline shot up 7.4% last month, as energy prices ...
2021 February 8th – Thinking of Markets
It’s not a black diamond ski run yet, but the yield curve for U.S. Treasuries is steeper than it has been in a while. A yield curve is the line on a graph showing yields for different maturities of ...
Week In Review – February 8 2021
The U.S. Economy Created 49,000 Jobs in January… The modest gains were very close to the expected gains of 55,000 jobs. What it means— The unemployment rate dropped 0.4%, from 6.7% to 6.3%. While ...
2021 Feb 1 Thinking of Markets
It is common for people watching the same event often to see different things. That’s why detectives separate witnesses when gathering statements. That seems to have been the case last week when share ...
Week In Review – January 25 2021
Biden Takes Office… Joe Biden became the 46th president of the United States after a peaceful and quiet inauguration. What it means— There’s a new sheriff in town, and he’s determined to unwind ...
Week In Review – January 19 2021
The House Votes To Impeach Donald Trump a Second Time… Alleging incitement of insurrection by encouraging violence following the breach of the Capitol Building on January 6, all 222 Democrats and 10 ...