This month has been lousy, but there are factors that could still produce a year-end rally.
The president's attempts to intimidate Jerome Powell probably won't impact Fed policy, with one possible exception.
Data has been decent, but is showing signs of softness as the demand collapse in the rest of the world feeds into U.S. data.
To a great extent what is happening is just the normal ebb and flow of the market as interest rates rise.
The speed with which this move in the bond market is occurring is whipping around the much-smaller stock market.
The market is anticipating higher rates and some inflation and that likely will matter at some point, but not yet.
The 2-year Treasury yield, TIPS and gold all indicate the Fed shouldn't be forced to put a clamp on inflation.
From beaten-down currencies to U.S. Treasurys, it's always valuable to assess the prospects of various asset classes.
Here are two gigantic reasons why this market seems to want to go higher at every turn.
More people are talking about the yield curve than ever before! So what the heck is it and why should you be looking at it these days? Give me 60 seconds and I'll tell you. Watch!