What is the Yield Curve Distortion? Putting things into perspective…There are trillions of dollars of debt that are exposed to negative interest rates. (For example, this means, when you give the bank $100 bucks, they give you $96 back.) That sucks! The U.S. has the...
The Fed’s 9-1 decision the other day to leave the policy rate unchanged was not a shock or surprise to anyone. But, the Fed did telegraph a polarity shift to the markets and equities gained slightly on future rate cut optimism (the S&P 500 was up about 0.3%)...
The markets were surprised by Trump’s tweet last Sunday declaring he was raising tariffs from 10% to 25% on the initial $250 billion of Chinese imports…and implementing tariffs on the remaining $300+ billion as well. However, this should not be a big...
There is the inflation that everyone talks about on TV and in financial reports: CPI, Core CPI, Producer Price Index…blah blah blah. These reports are important, but I don’t think they are as important to you, the investor, as you may think. Especially if you are a...
As a passenger on a commercial aircraft, you probably don’t have an expert level of understanding of all the inputs that go into a safe flight. You board the plane and just have confidence that everything has been taken care of by competent, well-trained people. ...
Something that has people worried right now is all the talk about the yield curve and its predictive value for calling a future recession. But is it really that great of a tool? To start, let’s look at what are considered leading economic indicators. Here’s a list...
