Tag Archives: treasuries
Forecasts of Gloom
Just like the clockwork of a rooster’s call at dawn. On the first day of June each year, coastal Southern California becomes encapsulated by dense gloom. You can guarantee it. Out of state visitors mistake the gloom for smog. But … Continue reading
Pinching the Losers in Congress
Financial markets are remarkably confounding. If you’ve ever speculated on stock price movements, you know what we mean. Predicting where the market will go is hard enough. But knowing exactly when…that’s nearly impossible. Looking back, assigning causation, and projecting forward, … Continue reading
Treasury Bubble Redux
Last week, while everyone was busy gawping at the stock market’s wild swings and oil’s epic fall from grace, we set our sights on the 10 Year Treasury note. On Thursday and Friday the yield touched down at 1.75 percent. … Continue reading
What to Buy as the Great Unraveling Gets Underway
The Federal Reserve’s open market committee meeting is taking place today and tomorrow. Central to their discussion are the two words “considerable time.” Have you ever heard something so nonsensical? What gives? It all started several months ago when Janet … Continue reading
