The Federal Reserve posted its June meeting minutes and a report on individual corporate bonds bought so far. Here's my take on both.
That's me, right now, and here's how I'm positioning myself amid a host of uncertainties.
The risks are likely different from what you've been told. Here's what you should be watching instead and how it could impact your investment decisions.
But what can we expect from this program, what kinds of bonds should benefit, and is the Fed setting us up for disappointment?
At least don't think about asking Fed Chief Jerome Powell. The Fed concluded its June meeting, and here are my takeaways.
The Fed believes that holding interest rates low will help get the economy burning but they could start rising, too -- so here's my take on the current situation and trades that make sense now.
The European Union has unveiled a historic proposal to fund fiscal stimulus through a common bond issuance, and it could mean real competition for the U.S. Treasuries.
Those chasing returns in credit need to be aware of what the Fed is and isn't trying to achieve, so let's dig in.
As we look at why the S&P 500 is stuck in its narrow range, we see every retail investor and trader chase the same basket of names higher, edging closer to a technical point where the market could lose its support.
Here's my take on the Fed's corporate bond ETF buying, Germany's ruling on quantitative easing and the Treasury's decision on new bond sales.
This is a game in which Jerome Powell & Co. have played their turn, and now await their opponent's move; also here are the bonds to own now.
The Fed has made three big changes to its corporate bond-buying program, and here's my take what the controversial moves mean.
But as jobless claims explode while the coronavirus takes its toll, we have heroes at the nation's hospitals and heroes delivering packages and stocking shelves, and we have possibly the greatest Fed ever.
Is there a fear of inflation? Is there a chance to go negative? What's next? Here's what we can conclude from the body's own words.
As the Covid-19 crisis takes its toll on our people and economy -- and the world's -- we must break things down as simply as possible to see what's happening.
Given recent actions, the way we view fixed income may be changed forever.
After a strong day for fixed-income markets, let's learn from 2008 how to play this volatility.
A U.S. dollar that is rising in value against most other currencies is creating a huge problem for a world inundated with dollar-priced debt.
Action in a lot of these other securities only makes sense if there is a liquidity squeeze going on.
These are not investable markets, yet. Wait it out, the damage is beyond a small fix now.
Dramatically slashing interest rates to zero and promising huge asset purchases are instilling fear, not confidence, in market participants.
And the bond market isn't saying encouraging things just now.
Let's break down the move and what it could mean -- and what the Fed just won't be able to help as the coronavirus spreads.
The psychology of the market will be quite different now as news hits.
Here's how we would play shares of the pharmaceutical giant now.
Both the Dow and the S&P are still under where they were last Wednesday, despite the bounce.
The market is all about technicals now. The real buying will only come once the virus is contained or Fed goes all in, as China seems to be willing to do so at all costs.
I want you to write down what I always tell you, and post it somewhere where you can see it when you need it: Understand, Identify, Adapt, Overcome, and Maintain.
Every minute detail and data point is misinterpreted to paint a positive picture for stocks.
Kraft Heinz, Macy's and Renault have all recently been downgraded, and now the question must be asked: Is this the start of something bigger?