February in Review
Bullish investors had a good month in February 2024. The bears, not so much.
Price Inflation & Stock Prices
The Bureau of Labor Statistics reports the price inflation numbers for January 2024, and investors did not get what they expected. While this surprised the institutional investor and financial media…
IWM: A Time to Hedge
Some interesting events have just occurred in the past few days that are likely to cause a shakeout. "60 Minutes" interviewed JPo, the Chairperson of the Federal Reserve Bank, to…
It’s Fed Day
The Board of Directors of the Federal Reserve Bank had their meeting today to discuss monetary policy. They will continue to have those discussions on Wednesday morning. After a hearty…
Real Estate & Interest Rates
Lower than survey inflation data released Thursday, November 10th, led to an enormous rally as investors hope Jerome Powell and the Fed could pivot to a less hawkish policy soon.…
Interest Rate Update
Carter Braxton Worth discussed interest rates on Friday's episode of Fast Money. This article is for registered members - please login or click here to subscribe or register for free.
200 Years of US Interest Rates
The lending markets are truly remarkable. Sometimes we have to scratch splash our face with cold water to make sure we are not dreaming. Interest rates have never been lower…
TLT: Long-Term Government Bonds
Today, we take another look at what we think is the most overpriced asset class, at least in US dollar terms. That asset is long-term government bonds. This article is…
TLT: Bonds Giving Up the Ghost?
The fixed income markets are broken and this makes trading long-dated bonds a very tricky affair. There is no doubt in our minds that the fastest way to the poor…
You Have Been Warned
The overnight Repo rate is acting quite strange lately. The past few days this important overnight rate has ignored the intentions of the Fed. Yesterday, hours before the Fed was…