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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
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Oil prices eased off just a little bit which helped stocks get a breather. This week’s inflation data was hot enough to raise expectations of a rate
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It’s like Groundhog’s Day. Oil prices rise, bond yields rise, and stocks go down. This morning’s PPI number came in about as expected, but market
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Pretty much the same story. Oil prices and bond yields move higher and stock prices fall. Oil prices are closing in on $100 per barrel and the yield on
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It appears that the markets had a hangover from the holiday weekend. Rising oil prices continues to be a headwind that the bulls can’t deal with at the
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We got the ole good news is bad news today. Today’s non-farm payroll number was much higher than expected with 162,000 jobs added in August vs. 53,000
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It was a good day for stocks as market participants found comfort in the fact that the bond market stopped selling off for a couple of days now. Hopes
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Well, I made it back. Things are about the same as when I left. The war with Iran is causing problems, corporate earnings are great, and the bond market
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Last week for the markets were all about credibility. The bond market is questioning Treasury Secretary Bessent’s credibility with regards to the
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Same story as yesterday. Higher oil prices and higher interest rates around the world are providing headwinds for stocks. We will see how long this
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Stocks got off to a lousy start for the week as Mid East tensions and higher oil prices provided a difficult backdrop for market participants. The