The 10-Year U.S Treasury Yield Pulls Back, But How Far Will It Fall?
Day 20: Market Environment Created by Monetary Policy
The average investor has no idea why interest rates matter so much to the stock market. Most think it only comes into play in regards to the rate at which home buyers can get mortgages. While that is extremely important and a major economic player, it has little to do with the overall stock market on a day to day basis. ...
Bonds Continue To Deliver Painful Results For Investors
The secular decline in interest rates since 1981 has resulted in bond investors enjoying a thirty year bull market run in most fixed income investments. Since the price of a bond moves inversely to the move in interest rates, the declining rate (and rising bond price) environment is the only investment environment experienced by many baby boomers during their peak investing years. This declining rate period can best be shown by the long term chart of the yield on the 10-year treasury bond....
Institutional Bonds & Notes Futures Floor Broker for 30+ Years? Started as a High School Teacher (George Cavaligos Interview)
It's been two weeks since I posted a full commentary and for all the volatility during that time stocks have managed to stay in a trading range. Everyone was getting excited about Friday's rally and questioning whether it was a turning point for stocks. And while I anticipated Friday's rally any follow thru early next week will largely depend on whether the rumors of a massive Chinese liquidity intervention being announced this weekend are true and whether Mr. Bernanke makes some dovish remarks when he testifies before congress on Tuesday.
We just finished one of the most momentous weeks in the market since Ocotber 2008 when it appeared the global financial system looked like it was becoming unglued. We had a landmark decision by the Supremes on Obamacare and we ended up the week with a delirious market reaction to the EU Summit.
This will be an abbreviated commentary and there will be no commentary next week as I take a much needed rest from the ordinary weekend regimen.