EDITOR'S CHOICE
Are You Still Earning Nothing On Your Cash?
Article By:
Charlie Bilello
Read
Thursday, May 10, 2018 4:57 PM EDT
Why are yields moving higher? The Federal Reserve controls short-term interest rates, and at long last they are moving toward a more normal monetary policy.
The Fed Is About To Kill The Credit Boom
Article By:
Gary Gordon
Read
Thursday, May 10, 2018 2:48 PM EDT
Did seven years of zero percent rate policy, three rounds of quantitative easing (QE) and “Operation Twist” provide a consequence-free credit boom?
Bank Reserves Part 2; If QE Was Really QT, Then Why Hasn’t QT Been QE?
Article By:
Jeffrey P. Snider
Read
Tuesday, May 8, 2018 3:03 PM EDT
QT, in theory, hasn’t led to QE in practice. Removing less usable collateral hasn’t alleviated the tightness that may have arisen from collateral strain owing to misguided policy.
Bi-Weekly Economic Review: Oil, Interest Rates & Economic Growth
Article By:
Joseph Calhoun
Read
Tuesday, May 8, 2018 4:24 AM EDT
The yield on the 10 year Treasury note briefly surpassed the supposedly important 3% barrier and then….nothing.
In this article: OIL
Energy Infrastructure Earnings Rise With Volumes
Article By:
Simon Lack
Read
Sunday, May 6, 2018 11:31 AM EDT
Growing energy sector profitability is feeding through to higher returns to investors. Over the past month the XLE has outperformed the S&P by over 9%
The Great Contagion
Article By:
Danielle DiMartino Booth
Read
Thursday, May 3, 2018 5:04 AM EDT
As we know, when distortions stunt the price discovery mechanism and obfuscate the consequences of risk-taking for protracted periods of time, bubbles burst, and outbreaks of contagion ensue.
Taking Stock Of A Devitalized Bull Market
Article By:
Gary Gordon
Read
Wednesday, May 2, 2018 9:13 PM EDT
Stocks rarely fall from severely overvalued to fairly valued. They frequently overshoot; they typically wind up in undervalued territory.
In this article: SPX
Major Asset Classes - April 2018 Performance Review
Article By:
James Picerno
Read
Tuesday, May 1, 2018 2:56 PM EDT
Commodities bounced back in April, topping the performance list for the major asset classes.
ECB Hardly Shaken, Barely Stirred
Article By:
Marc Chandler
Read
Wednesday, April 25, 2018 10:58 AM EDT
The ECB meeting concludes Thursday. There is little doubt about what it is going to do: nothing.
The Science Of Japanification
Article By:
Jeffrey P. Snider
Read
Tuesday, April 24, 2018 4:58 PM EDT
Even if Japan’s CPI does reach 2% in the years ahead, would we even be able to trace it back to QQE?
In this article: EWJ
The Relationship Between The Yield Curve And The Stock Market
Article By:
Charlie Bilello
Read
Monday, April 23, 2018 2:37 PM EDT
With the yield curve hitting its flattest level of the expansion last week, many are wondering what impact that will have on the stock market.
In this article: SPX
Market Notes: Stock Market Breadth Indications And Allocation Opinion
Article By:
Richard Shaw
Read
Saturday, April 21, 2018 12:15 PM EDT
We are in a late stage of this market, perhaps in the 11th hour. Breadth indicators suggest on balance that stocks are not ready to toss in the towel on the Bull.