Cash is king from a risk vs. reward perspective.
The only effective way to deal with a bear market is to prepare for it ahead of time.
The odds that the Fed would cut were already quite low and the news Tuesday of some progress on China trade makes it even more unlikely.
There's a lot going on right now and the markets (and media) have difficulty latching on to more than three or four stories at a time.
My thesis all along has been that an attempt to normalize the yield curve must be made, therefore I would choose to be proactive.
The Fed needs the justification from the data to be able to cut -- it does not have that green light yet.
The more I look at this market worldwide, the more I think bonds are going to rally.
President Trump uses economic leverage instead of infantry divisions to defend U.S. interests, and Advanced Micro Devices regains lost ground.
Shorting individual stocks is going to be a very lucrative summer trade.
Here's how to read and react to Friday's important numbers.
The market's Pavlovian (and recently bullish) reaction to lower interest rates may be wrong
Anything weak is a positive to be excited about and anything strong is a nightmare because that might stiffen Powell's resolve to keep rates where they are instead of cutting them.
This is why rates rose the day the Fed made such strongly dovish comments, and how you should manage your fixed income portfolio in response.
Powell may have his hands tied behind his back, as consumer spending, inflation and labour market indicators are still resilient.
This may be a case where the short-term damage to markets may be for the best in the longer run.
Your retirement account would be much further ahead if you ignored asset allocation guidelines and simply owned 100% stocks over your lifetime.
The action Thursday did little to change the big picture.
A high level of cash is your best bet right now, but stay optimistic.
To get rates even lower, we do probably need the economy to get slower.
The market is under intense pressure, and our job is to stay out of the way and protect capital.
This weakness is about lack of demand, not tariffs.
Leave this market? Damned if you do and damned if you don't.
An inverted yield curve and a sharp decline over the last year in the yield of the benchmark 5-year Treasury note are not signs of a healthy market.
Why have things gotten so grim? Oh, let me count the ways.
When it comes to inflation, the Fed may be risking their credibility.
It's ironic. Had the Chinese let Facebook, Amazon, Netflix and Alphabet in, there could have been some massive retaliation for Huawei. But they never did.
My better bet will remain on the cloud until the direction that global business has to move toward changes fundamentally.
We believe the Treasury market will spend the next few months repricing to lower levels.
Strictly in terms of the trade war, the question is whether tariffs are ultimately inflationary or not.
There are an array of low-risk, fixed-income opportunities to consider for investors seeking shelter from a stormy market.