Hump Day “Brain Cramp”
I would be careful about reading too much into the rise to 3.16% of the 10-year U.S. Treasury Yields today. While many wonder if the “market is telling us something,”…
Read MoreFinally, an UP day for banks!
The KBW Regional Bank Index (KRX) is currently up over 2.8% today, and on track to close higher for the first time in nine trading sessions. We found that a…
Read MoreYesterday was a significant day for the credit boom
Highlights The credit boom intensified again yesterday despite a plethora of macro worries The fourth-largest corporate bond deal ever received a staggering amount of bids Other issuers termed out…
Read MoreU.S. Service sector growth surged in September
On Monday, the Institute for Supply Management ISM Manufacturing report showed that manufacturing, while remained strong, was not quite as robust in September as it was in August.
Read MoreBullish sentiment increased in the prior week
The report out today from Investors Intelligence showed bullish newsletter writer sentiment ticked higher for the third week.
Read MoreHot labor market continues according to ADP report
The ADP employment report for the month of September was well ahead of estimates.
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