It’s been a brutal couple of weeks for Treasuries as the following headline from Bloomberg attests to on September 13th.
10-year yields bottomed on a closing basis on September 3rd at 1.47% and have shot back up to 1.90% as of September 13th.
…
Blog Archives
Economic Gain, Treasury Pain
by 
Gary Carmell Posted in Economy, Investing, News, Stock History, Stock Market, Trends No Comments ↓
Gary Carmell Posted in Economy, Investing, News, Stock History, Stock Market, Trends No Comments ↓ Think Globally Act Locally
There has been some criticism of Fed chairman Powell as he has gone from saying this in early October 2018:
To telegraphing this on July 10th:
Those who are upset by his dovish turn are irked because they feel like he is kowtowing to the market and Trump who is forcing his hand despite record high stock market averages,
…
Economic Tug of War
Are jobs a lagging indicator? That is the question as last week was a very ugly one in terms of the Apple announcement and other economic reports suggesting the global economy is slowing. At the same time, the jobs report was quite stellar as the economy produced a seasonally adjusted 312,000 jobs,
…
Hurricanes & Markets: What Happens to Stocks and Bonds?
Hurricane Michael created unfathomable devastation to Florida Panhandle beach communities. What was particularly insidious was how fast it formed and deprived people of precious time to evacuate. This picture is one representation of the fury of Mother Nature and the wrath she brought down.
…
Treasury Note Yield: Could I Be Wrong? A Humbling Week
Talk about a humbling week. Last week I was making the case that 3.11% on the 10-year Treasury note yield and possibly as high as 3.16% were the key levels that I did not think would be breached. This chart shows how wrong I was.
…