As you know, last week the Federal Open Market Committee (FOMC) changed its forward guidance pertaining to the federal funds rate. This is how Yellen began her speech to a research conference sponsored by the Federal Reserve Bank of San Francisco...
Despite mostly downside surprises from U.S. economic data, hopes of a slower pace in interest rate normalization from the Federal Reserve pushed U.S. stocks and bonds upward. A seesaw week for U.S. stocks ended on the upside last week, though the...
It was just a sniff, mind you, but it was of a foul odor. A whiff of inflation seen in the monthly Consumer Price Index data held back stocks this morning that I believe would have otherwise gained from the get-go. The SPDR S&P 500 (NYSE: [...
An obstinately dovish U.S. Federal Reserve and a European Central Bank intent on carrying out its own, massive Quantitative Easing (QE) bond buying programme have pushed Treasury rates to near historic lows and European rates to obscene levels. As...
Last week could be best wrapped up by a heat map of the ETF universe, unless it was inverse or tied to volatility, it was nothing but shades of green last week as the FOMC officially ran out of patience but the doves delivered an unexpected...
Well, it didn't take long for the bulls to jump on their buying opportunity, with a little help from the bulls' friend in the Fed. In fact, despite huge daily swings in the market averages driven by daily news regarding timing of interest...
According to an article recently published by the Office of Financial Research, the "current bull market is longer and larger than historical bull markets" at 72 months (211% return) with the average being 55 months (165% return). The...
