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...
Ripple Effects Of Higher Interest RatesAgain, these are all points that have been made here, or on the YouTube Channel.Higher interest rates mean that the huge investors (pensions) have the ability to allocate money to receive the proceeds required to pay their...
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...
You Want Scary? I’ll Show You ScaryIf you believe that inflation’s ripple effects are over, nah. Just look at these two headlines.‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks Concern’ (Bloomberg, Dec 5)ANALYSIS-Blackstone REIT restriction a possible...
No One Said Bonds Lower Forever, YannoI didn’t say forever, and I am not saying that the bond market is fixed (unlikely that this is over), but for the time being, look at the black rectangle.
Today’s Interest Rate MoveVery easy, interest rates down, USD weaker » USD risky assets higher.Higher interest rates did provide opportunities for the savers and planners, so the drop in interest rates creates new challenges to these structures. The combination of...
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.
Followers Completely UnsurprisedThis is what I was saying, in my interview with Art Lewis, in April. Markets didn’t reflect the inflation, the effect of increased interest rates on asset prices (your house is now cheaper than in April). March:April:JuneJuly
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.
Yeah, But Stuff That ACTUALLY Matters Stabilizes For Longer Than 5 MinutesThe Euro stops crashing, right at the 1.00 EUR/USD level.EUR/USD exchange rate, yahoo.comAnd since that panic attack is over, no need to panic-buy bonds…Bonds for dough moves, but within a much...
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.
Gen-X Declines to 85 Cents From 100 on Jan 1