Mixed Employment Report Points To More Of The Same For Economic Growth
Today’s payroll beat of 222,000 nonfarm jobs being added to the economy in June should be viewed in a larger … Read more
Today’s payroll beat of 222,000 nonfarm jobs being added to the economy in June should be viewed in a larger … Read more
With the euro up another 50bps today against the USD, we thought it timely to review some fundamental factors that … Read more
The US dollar is having another tough go today after it spent the first part of June working off an … Read more
The last six months has seen one of the most incredible changes in investor positioning in 10-year US treasury bonds … Read more
To say that value is difficult to find in the global equity markets would be an understatement. In fact, when … Read more
Back in December 2016, we discussed our expectation for lower longer-term US interest rates, which we used to justify an … Read more
There are three basic ways to manage the risk of an equity portfolio: Diversify, by owning a collection of stocks … Read more
With the employment numbers in, the USD and rates are acting heavy. The USD index is down another 37bps as … Read more
We met with Geopolitical Strategist Peter Zeihan for a quarterly update right before the French presidential elections. In addition to … Read more
We met with Geopolitical Strategist Peter Zeihan for a quarterly update right before the French presidential elections. In addition to … Read more
A recent run of weaker economic data, highlighted by the Citigroup Economic Surprise Index (CESI) plunging to -32 from 58 … Read more
With the USD now about 5% off its January peak and having made a series of four lower lows and … Read more
From the middle of April through yesterday 10-year treasury rates rose from 2.17 to 2.40, prompting the obvious question of … Read more
In the table below we show the aggregate US Treasury maturity schedule. Due to stops and starts of the US Treasury … Read more