Stable (ish) Rates Means Higher MarketsFor followers of this newsletter, you see the following:Interest rates and foreign exchange FIRST. Setting up an investment strategy, without knowing this first, is like ‘eating soup with a fork.’ My slogan: “Stocks for show,...
Foreign Exchange Dwarfs The RestAnd that’s why we’ll call it a new inning. The first four innings were about central bank raising rates (and that’s not over). But now, a new and much larger element has taken center stage.
Stocks Cheered, Bonds Didn’t (not financial advice dyor)My observations on Sunday, and my droning during hour #3 (Stocks for show, bonds for dough) did make sense on Monday. While stocks rose, so did bonds, and so while stocks get the headlines, the flight to quality...
Stocks For Show, Bonds For DoughNot financial advice, just musings from a guy.Right now (yes, it’s early, but yesterday, the press was all about the January Effect, still true, but):S&P 500 = .45%AGG = -.82%So while the financial press is all about stocks (Elon...
MaybeThis pattern has not been seen for at least 6 months. Possible, uncertain reasons, might include:a. Foreign Bond Markets. BINGO. All of European government bond markets are much lower in yield, after reaching the 12-month high.b. Foreign Exchange. Nope, stable.c....