How will the central bank deal with decelerating, but still high inflation, especially if it coincides with decelerating, but still solid economic growth?
Yields will likely be higher over the next year, but for now, we can add back some duration to our portfolio by buying long-dated Treasuries or corporate bonds. Here's my advice.
Let's check out the Fed's two big goals for action -- higher inflation and maximum employment -- to see what we can realistically expect.
The consumer price index surprises to the upside and the Fed meeting minutes are out. Here's my take on both.
The question now is whether the lows that were hit on Wednesday morning will serve as short-term support as we move into earnings season.
Plus, my take on Friday's jobs report and the steepening yield curve.
Bond yields are surging, the yield curve is steepening, and Dallas Fed's Robert Kaplan and Boston's Eric Rosengren are exiting. Here's my take on what's happening.
When the market fails to embrace the negative thesis, folks with idle cash slower put it to work.
Retests of the lows have been quite rare in recent years.
The setup on the weekly for the iShares 20+ Year Treasury Bond exchange-traded fund is a thing of beauty.
We rallied, because China's President Xi and Fed Chair Powell made decisions that they knew would lead to rallies.
China cannot be the engine that global economies have relied upon if its goals have shifted back toward pulling power away from even its own leading businesses.
All life, all learning, from parenting to aging to investing is about adaptation -- the ability to evolve.
That's a question I get asked a lot. So, let's dig in.
One day, either the Modern Monetary Theorists will be right, or the fiscal hawks will prove correct. Count me with the hawks.
Ahead of Jackson Hole, the Fed knows QE is doing more harm than good.
Don't underestimate the changing climate in D.C.
The U.S. economy's next recession has already been scheduled. We just don't have a specific quarter just yet.
As Jackson Hole approaches, here are my views on tapering, rate hikes and the markets.
The impact of QE is not what you may think, and inflation and rate hikes will have a more direct effect on yields.
With so many questions around inflation, COVID, the Fed, and stimulus and policy, it's hard to determine what will happen in the rates market. Here's my take.
What you need to know about the blowout report and where markets are likely headed next.
Here are my takeaways from the Fed meeting and why the chair is struggling with messaging as we're getting closer to seeing Quantitative Easing purchase tapering.
The Fed hopes its efforts will lead to sustainable GDP growth, but if inflation starts to run away too quickly, then Powell and company's hands could be tied.
And don't let anyone tell you otherwise.
The market's 'narrative' around falling yields isn't internally consistent, suggesting we have several competing narratives playing out at once. Here's what they are and how to position.
Is this a short term deflationary setback or the start of a more ominous trend to emerge?
Here's my take on the scorching CPI report as the Fed sits on the hot seat on Capitol Hill.
If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.
What happened to this sell-side investment bank theme we had heard so much about? Let's see.