The Inflation Decision Tree

Decide what you think the inflation story is going to be and position accordingly.

Yields Continue Their Perplexing Fall

The action in Treasuries is just one more reason to be cautious about equities at current trading levels.

Question Marks and Market Implications: Interpreting the June Jobs Report

Here's what the numbers mean and how the market will likely evolve from here.

As the Fed Spreads Its Wings and Circles, Keep Your Focus on Bonds

The Fed is more hawkish, but what does that mean for investors?

Are Bond Yields Sending a Warning Signal to Stocks?

Whether this move was driven by a short squeeze or by a new buyer, in the end, it doesn't make a difference.

The Labor Shortage Is Real: Here's What That Means for the Fed and the Market

Powell can no longer assume there will be many months of strong labor gains before wage pressure becomes a serious challenge.

Don't Be Fooled by the Data

Wage inflation is a real risk.

Making Sense of the Disappointing April Jobs Report (And How I Traded It)

When government data seems strange like this, it is more likely to be an artifact of sampling or some other one-off reason.

Inflation Is Not Transitory

To get inflation fears, all we really need is a bunch of these subjects to hit the headlines.

Trading the Fed

We expect three themes to emerge from this week's FOMC meeting.