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The yield on the 10-year Treasury Note backed off a bit this afternoon which allowed stocks to have a little breather after yesterday’s selling into the
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There was a lot of data to absorb on this last day of the 3rd quarter. A hot GDP number from the Atlanta Fed, a stronger than expected jobs number from
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We seem to be running the same play over and over again - oil prices rise, bond yields rise, stocks fall or vice versa. Of course, oil prices have been
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Rising bond yields had stocks reeling in early trading but when yields backed off and oil prices moved lower, stocks traded higher. At the moment, it
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Both oil prices and bond yields pushed higher again today. Stocks were able to limit the damage, but the headwinds continue to get stronger. On the
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Bonds yields pushed dramatically higher today with the 10-year Treasury Note trading with a yield of 5.12%. The economy is strong; inflation pressures
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Despite all the hand wringing by the likes of yours truly, stocks continue to remain resilient. As a matter of fact, the Nasdaq hit an all-time high
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Well, the bulls really did make an effort to add to yesterday's gains, but in the end, it was somewhat of a mixed bag. Oil prices did back off a little
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I mentioned yesterday that market participants might wake up this morning and have a different view about what went down yesterday. Well, for at least
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As the markets expected, the Fed raised the Fed Funds rate by a quarter of a percentage point and it now sits at 3.75%-4%. The reasons given had to do
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Well, it’s the same story once again today. Oil prices spike higher; interest rates creep higher and stocks go down. The long bond at 5% really isn’t
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Well, the FOMC meeting begins tomorrow, and we’ll get an announcement from the Fed on monetary policy on Wednesday afternoon. As mentioned, the markets