Remaining focused on evidence over emotions
It is during periods of market volatility like this where we have to look to evidence over emotion. There is so much confusion that every news item is significantly affecting…
Read MoreIt is during periods of market volatility like this where we have to look to evidence over emotion. There is so much confusion that every news item is significantly affecting…
Read MoreHighlights The most recent stock market bounce proved fleeting as this correction remains on track to be a 3-4 month event Part of the Treasury curve inverted in response…
Read MoreClearly, the market remains in the bottoming process following Tuesday’s 3% drop on the back of skepticism of the G20 Trump/Xi meeting, Brexit uncertainty, a near inversion of the yield…
Read MoreFollowing a Tuesday that saw the S&P 500 fall more than 3% and a non-trading day on Wednesday, Thursday features several major economic data releases and will likely feature high…
Read MoreHighlights Stocks bounced last week as this correction remains on track to be a three- to four-month event The pickup in stock market volume during last week’s bounce is…
Read MoreThe sharp flattening of the 2-10yr U.S. Treasury Yield Curve to 15 basis points, and the inversion of the 3-5yr YC brought a possible inversion back into the spotlight. This…
Read MoreToday’s November Institute for Supply Management (ISM) Manufacturing Index surprised to the upside by rising from 57.7 to 59.3 vs. the prior month (Figure 1). According to Bloomberg, consensus expectations…
Read MoreThe two main drivers of the correction that began September 21 in an environment ripe for volatility were 1) the September 19 threat by President Trump to increase tariffs on…
Read MoreThis week features a slew of major economic data releases as we head towards the December FOMC meeting. We maintain our stance that softer economic data will be reacted to…
Read MoreThe sharp rebound in equities has pushed every S&P sector higher for the week. Consumer discretionary stocks are doing especially well, the sector is up 6.2% for the week and…
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