“There are a lot more risks underlying this market than the tape would imply. If global economic data does not stabilize, or…” wrote Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter. Click here to read the full article on Bloomberg.
The price action, “confirms that last week’s rally was driven by falling yields and growing dovish hopes,” rather than faith in the ongoing strength of the U.S. economy, wrote Tom Essaye. Click here to read the full article.
“For now what the bond market is doing is signaling the chances of a recession are more likely than the chances of a renewal of the expansion,” said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Markets are urging the Fed to cut interest rates. Will it listen? “That is a very clear message that the bond market believes interest rates are too high,” Tom Essaye, the founder of Sevens Report Research, told FOX Business. Click here to read the full article.
“The market was blindsided by this — this is not good for the markets,” Tom Essaye, president of Sevens Report Research, told Yahoo Finance. This was shared on Newsmax.com
Read the full article here.
“The market was blindsided by this — this is not good for the markets,” Tom Essaye, president of Sevens Report Research, said on Yahoo Finance’s The First Trade.
Click here to read the full article.
Tom Essaye quoted in ETF Trends. “There can be no clearer message than that to the Fed: Rates are too high. This is the bond market’s equivalent of a bullhorn screaming it in Powell’s face.” Click here to read the full article.
Tom Essaye Interviewed with Yahoo Finance on May 31, 2019. A lot of important topics to talk about lately. Watch the full video here.
Tom Essaye quoted in Axios on May 30, 2019. “The 2019 rally has been driven by 1) A dovish pivot by the Fed (no more hikes), 2) An expected U.S.-China trade deal, 3) Stable U.S. and global economic growth and…” Click here to read the full article.
The Federal Reserve has been on cruise control thus far in 2019 with respect to interest rate policy, opting to keep the federal funds rate untouched. However, the bond markets are screaming for a rate cut, according to Sevens Report Research. Click here to read the full article.
