Stage is set for rise in 10-year
The recent rise in the 10-year U.S. Treasury (UST) yield coupled with a combination of three factors could cause near-term upward pressure on the long-end of the UST yield curve:
Read MoreThe recent rise in the 10-year U.S. Treasury (UST) yield coupled with a combination of three factors could cause near-term upward pressure on the long-end of the UST yield curve:
Read MoreApril was as historic as March with the S&P 500 (SPX) up 12% following the epic crash in March. The action came despite horrific economic and EPS news, showing how…
Read MoreUntil this week, the market’s historic upside has been led by the more defensive sectors and the mega-cap stocks. In Troops chasing generals early this week, we highlighted that a…
Read MoreWe have talked a lot about the epic battle between monetary and fiscal stimulus vs. economic and EPS weakness, and right now the stimulus is winning. The announcement last evening…
Read MoreThe sideways action in the market since the April 9 Fed decision to add $2T in monetary stimulus really highlights how tough it is to come up with a conviction…
Read MoreThere will be a conference call TODAY, April 23rd at 2pm ET for Gold level subscribers.
Read MoreHow do you know when an oversold bounce is a relief rally like 2002 and 2008 vs. a fundamentally sustainable move off a recession-based low like 2003 or 2009? The…
Read MoreGood morning folks. The epic battle continues between the massive support of monetary policy on one side vs. the decline of economic activity and earnings per share (EPS) on the…
Read MoreI am getting a lot of questions relative to whether we still believe the market is going to test the low and what are the odds of it?
Read MoreThere is an epic battle between two extraordinary market forces – monetary policy and economic activity. On one side, we have historic monetary accommodation from the Fed. For years, we…
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