interest rates
Bonds Are En Fuego

Bonds Are En Fuego

Bonds Are En FuegoIt could be for a long list of reasons. Here are a couple of the most popularly-held possibilities.The Federal Reserve is going to reverse course and lower interest rates due to slowing economic activity. We will have an important piece of data on...

Fed Chair Powell Reverses Course

Fed Chair Powell Reverses Course

Fed Chair Powell Reverses CourseThis is very different from what the market heard just a week ago.The Bloomberg.com headline says it all. Interest rates jumped, and risky assets dropped sharply. Note that it is not only the direction/level, but the speed. It is very...

Stronger Dollar Sounds Great, But May Not Be

Stronger Dollar Sounds Great, But May Not Be

Stronger Dollar Sounds Great, But May Not BeGreat if you are going on vacation to a foreign country. Food and wine will be cheaper. However, the issue is that the US doesn’t live by itself in global economy. The debt problems that were mentioned during the most recent...

September Is “Suddenly” Nasty

September Is “Suddenly” Nasty

September Is “Suddenly” NastyOn July 29, I hurriedly wrote an email to the stable (which is our narrow set of clients that keep the lights on over here, we have bills yanno). The title was “We’re gonna party like it’s is 2022.” Here Is The Email I SentClosed list...