I'll want to pay close attention to Monday's price action in the TLT.
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.
Here is a quick and abbreviated summary of my thoughts on buying stocks now.
The Fed's shock and awe does little to help amid the coronavirus crisis -- and so does Washington.
Here's how the central bank's actions might help.
Dramatically slashing interest rates to zero and promising huge asset purchases are instilling fear, not confidence, in market participants.
Let's be clear. The virus is the problem, and the economy will contract, perhaps significantly so, regardless of policy efforts made to counteract this reality.
From shrinking the balance sheet to growing it. From raising rates to cutting them. The Fed has no ability to effect such change now, and thus my complete and utter disdain for the imminent rate cut.
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.
It is the execution at the right time in the right conditions that makes money.