Reviewing what yield curve inversion means to the market
The 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 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 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…
Read MoreWednesday saw the markets surge after Jerome Powell softened his stance at a noon-time speech in New York City. His comments were interpreted as more dovish, citing that the economy…
Read MoreAs we suggested last week, today’s report from Investors Intelligence showed bullish sentiment continued to decline in the latest poll.
Read MoreThe markets closed higher for a second consecutive day to start the week on Tuesday, and Wednesday features a pair of significant data releases as well as a speech from…
Read MoreFollowing a Monday that saw the markets sharply higher, Tuesday features the first major economic data release of the week along with two minor housing data releases. As we stated…
Read MoreI thought this was an excellent write-up and video of our current view. I will be traveling for the bulk of this week, but will have a new macro post…
Read MoreIt looks like the market is starting off the week on a very strong note with a 1% gain in the S&P 500 Futures. The reason being given in the…
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