the Fed

Bank Relief

November 23, 2016

The election of Donald Trump has coincided with a sharp rise in interest rates in the US.  In fact, the yield on the 10-year Treasury bond has risen from 1.86% on election [...]

Walls of Worry

October 26, 2016

There is an ample supply of angst across the nation: in markets, commodity prices, and among voters. No one lately has self-reported that they are happy across any broad [...]

Rotation Afoot?

August 31, 2016

The trading thus far in the third quarter has been starkly different from that in the first half of the year.  In the first half, the sectors that offer relatively high [...]

“TINA” is Back

July 6, 2016

By now I’m sure you’ve heard something about how disastrous the British vote to exit the European Union (aka, the Brexit) will be for both the global economy and [...]

The Waiting Game

April 27, 2016

I read an interesting bit of trivia in a Barron’s article over the weekend. The article said that this Thursday “marks the day when the bull market that began in [...]