The Market’s Obsessive Fixation on The Federal Reserve & QE
Every passing speech by chairman Ben Bernanke or release of the latest Fed minutes comes with the increasingly obvious reality … Read more
Every passing speech by chairman Ben Bernanke or release of the latest Fed minutes comes with the increasingly obvious reality … Read more
It’s only natural that investors begin to pause after such a strong rally in risk assets (in less than 3 … Read more
By David Schawel CFA, of Economic Musings The surprising tale that I will attempt to pen in this blog entry has … Read more
In an interesting report today from Deutsche Bank, they write: “Another all time high for rent-buy in 4Q11. The national … Read more
2012, in many ways, has been fairly uneventful thus far consisting of a seemingly endless grind up in the equity … Read more
If you’re like many investors, you believe the recent communication from the Fed was a game-changer. In last week’s post, I … Read more
And then there was one. By one, I mean, one “major” tenor on the US Treasury curve with positive real … Read more
There is no doubt that a perceived and/or actual lack of quality collateral exists in the markets today. Let’s take … Read more
No doubt a big storyline during 2011 was the massive move lower in Treasury yields – particularly at the long … Read more
During a conversation today with a friend in the fixed income space I remarked how it feels like the chase … Read more
There’s a saying that goes “Those who predict don’t know, and those who know don’t predict”. Even now, we still live … Read more
The reasons why are debatable but the numbers don’t lie: banks continue to accumulate agency MBS in mass amounts. I wrote … Read more