It’s another week where the highlight will be the “much anticipated” Fed meeting. I’m not sure how we got here or what will happen to get away from this focus on the Fed, but it’s not normal for a central bank to
While numerous analysts are calling for US 10 Year Treasury bond yields to surpass 2% by year end, the fact remains US Treasuries are still far more attractive than any other developed country in the world. Investors should be careful believing interest rates MUST go up simply because they
The S&P 500 went 42 days without a move of 1% in either direction and 51 without a 1% or larger drop, Friday brought the largest loss for stocks since the Brexit vote in June. Ironically that drop ended a 54 day streak without a 1% drop.
Market participants have focused so long on what the Fed will or won’t do they seem to have forgotten how to actually analyze investments. Bank of America Merrill Lynch (BAML) CEO Brian Moynihan summed up the current state of the market —
“Where
For those of you just returning from a nice, long vacation, you didn’t miss much this summer. Thanks to the Fed’s “transparent” communication policy, absolutely nobody (including most members of the Fed it seems) has any clue what the Federal Reserve is going