International investors have been heavy sellers in Tokyo for quite some time. They tend to sell at exactly the wrong time. It seems many have made that mistake again.
it seems that consensus is to interpret anything that can be viewed as bad, as actually bad, and anything that could be good, as an aberration that will soon become bad.
Over the past decade, not fighting the Fed has been the single best piece of advice any market strategist could offer.
There doesn't seem to be any particularly fundamental reason for bonds to weaken to such a degree.
A Minsky moment is when excessive speculation leads to excessive demand for credit and excessive leverage.
I'm playing for the move down to 1% or 0.50% and earning yield while I wait.
Let's look at a number of charts to get some perspective on this investment arena.
Bonds got ahead of themselves and there were number of factors at work.
There are two big reasons why the odds of Treasuries moving higher from here are dismal.
There is no real connection to the economy right now because of globalization.