Why the Yield Curve Matters to Your Clients
When you started in this business, did anyone sit you down and explain that watching things like the “10’s minus 2’s Spread” could help predict economic slowdowns and potentially avoid stock markets declines? Me either. I learned it the hard way – through being an execution trader and later a buy side portfolio manager through […]
Weekly Economic Cheat Sheet 12.28.15
Last Week Data was sparse last week but the reports that did come were lack luster and while none of them are enough to increase concerns over the pace of the US economy, it is an undeniable point that data has underwhelmed lately, and that’s especially notable given the Fed just hiked rates. The highlight […]
Weekly Economic Cheat Sheet 12.21.15
Last Week Last week was historic as the Fed hiked rates for the first time in nearly a decade, but it wasn’t fully the “Dovish hike” investors were hoping for. So, between new uncertainty surrounding the path of future rate hikes and worsening manufacturing indices, the economic outlook for the market did not materially improve. […]
Weekly Economic Cheat Sheet 12.14.15
Other than the retail sales report out Friday, which was a strong report, there were virtually no notable economic releases last week. We exited last week much as we began, with bond markets signaling an 85% chance of a rate hike this week (which from a market standpoint is basically a sure thing). Looking at […]
Weekly Economic Cheat Sheet 12.7.2015
Last Week Last week had the potential for economic data and central banking announcements to cause big volatility in the markets, and they did not disappoint. But, the bottom line is that a rate hike in December is now all but certain while the dollar rally has been temporarily capped thanks to the ECB’s underwhelming […]
Weekly Economic Cheat Sheet 11/30/15
Last Week There was a lot of economic data last week despite the holiday, and the general takeaway is that the data reinforced the expectation that the Fed was on track to hike rates in December. Durable Goods was the positive surprise last week as not only did the headline beat, but the key “Non […]
Jobs Day
/in Investing, Reports/by Tom EssayeWhat’s in Today’s Report: Jobs Day, Key VIX Levels to Watch.