If we were witnessing a real trial-by-jury (which, at the end of the day, is actually what the market is), I think it’d be safe to say that bears and bulls both have pretty solid evidence to put forth in their favor. Yes, there have been sub-industries that have done well and that we have […]
Chart of the Day – Friday, September 20th, 2019
Today’s Chart of the Day was shared on Twitter by Mark Ungewitter (@mark_ungewitter). It’s a chart of the S&P 500 going back to 2010. On the bottom pane of the chart is a 20-day rate of change indicator for $SPY/$TLT. The vertical red lines on the chart mark the instances where the S&P 500 rallied […]
Chart of the Day – Friday, August 16th 2019
Today’s Chart of the Day was shared on Twitter by Strategas Research Partners (@StrategasRP). It is a chart of the 20+ Year Treasury Bond ETF, $TLT with a 200-day moving average in red. The indicator in the lower pane measures how extended price is from the 200-day moving average. Strategas notes that price is extremely extended right now. In […]
Treasury Yields Test Record Lows
Last week, the Federal Reserve cut US interest rates for the first time since the Financial Crisis. The Fed’s decision sparked a bond-market rally and flight to safety which sent yields spiraling lower around the world. Many are viewing the decision as a preemptive tactic by the central bank or an “insurance cut” to support […]
Bond Bulls in the Driver’s Seat
With the uncertainty around equity markets due to the recent correction, there seems to be a new round of piqued interest in the fixed income space, and thus interest rates as well. Are US Treasuries, typically viewed as a “safe haven” for investors in times of uncertainty, poised to see more gains? Should we be […]
