Market Short Means HigherTaken from the front of the Willard Hotel where I stayed for the Alliance For Lifetime Income conference. I will have extensive observations and commentary on the conference in the coming days.Washington shenanigans continue, with debt ceiling...
Interest Rates: It’s Not Only Absolute LevelIt’s not solely the level of interest rates, volatility is also important, a point I have made on multiple videos on Jae’s Corner YT vids. So far this year, that interest rate volatility (MOVE) has declined, look at the pink...
Oh wait, math works. Just try increasing the r from .01 to .045, and leave the C1, C2, CT constant. See what happens to the NPV.
Two Days AgoThe clip starts at my comments on the structure of financial markets, which I made over the weekend.Good thing y’all checked, right? Look at minute 46 on the video.
Toldya It Would Be CrazyA look back, and a look forward to the bottom of the fifth inning. Yes, only the middle of the fifth. Quite certain of that.Jae's Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and support my work,...
We Move To The Bottom Of The FifthMarkets Love Jay Powell!Uma, Markets. Markets, UmaNow what?Jae's Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
RESCHEDULED, Sunday 10ABetter than Sunday morning news magazines (but not as well produced).TopicsIt’s Not Too Late To AdjustMarket ObservationsMedicare DistortionsClick on the link to view.
My Even-handed Explanation (imo).After that one, this: