Part one of a two-part series on the repo market. “A lot o’ people don’t realize what’s really going on. They view life as a bunch o’ unconnected incidents ‘n…
Volatility Indicators Flashing Danger Ahead
It wasn’t long ago that volatility seemed to have flat-lined. Those were the good old days. Just look at market results for the past two months and you’ll see a…
Not All Fed Governors Concerned About Inverting Yield Curve
In our last post, we noted that the yield curve is close to inverting, which is usually a sign that a recession is coming. We also said that actions of…
Inverting Yield Curve May Be Sign of Coming Recession — But Maybe Not
When holding an investment long-term earns a lower return than holding the investment short-term, it’s not a good sign. An inverted yield curve, which is what happens when 10-year Treasuries…
Bond Yields: Good News, Bad News or Both?
Bond yields can tell us many things, but determining what those things are can be challenging today. Yields have been rising and one positive is that investors appear to be…
Kill the Quants – Before They Kill the Markets
As we noted last week, there is always something to worry about. Yesterday, we discussed the risks being created by exchange-trade products, quoting a Mauldin Economics column. In his column,…
There’s Always Something to Worry About
For investors and economists, there is always something to worry about. When stock prices are high, we worry that they’re going to fall. When they’re low, we worry that they…
Chasing Yield
Likes dogs that chase cars, investors who chase yield are not acting rationally – and the results can be fatal. With returns on bonds close to historic lows, many investors…
The Appeal of Bonds
“We must all suffer one of two things: the pain of discipline or the pain of regret or disappointment.” Jim Rhon,…