Tag: yield
-
Stock market strategist David Rosenberg gives the Fed no credit — and no mercy
[ad_1] It’s said that you don’t know an economy is in a recession until it’s in one. Or as David Rosenberg puts it: “Recessions are like an odorless gas. They sneak up on you.” These days, Rosenberg is looking for fresh air. A former chief North American economist at Merrill Lynch and now president of…
-
Opinion: The Fed’s mission impossible: Drive the economy from the back seat
[ad_1] The U.S. Federal Reserve is talking up rate-hike expectations even when inflation and threats to inflation are slowing markedly. Investors should recognize that the Fed has a poor forecasting record and officials are likely to relent on their hawkish rhetoric as inflation subsides. In 2013, then-president of the Minneapolis Fed, Naryana Kocherlakota, used a pithy…
-
Opinion: America’s latest pullback from the debt-ceiling cliff won’t be its last
[ad_1] With Congress raising the debt-ceiling and both sides of the aisle grumbling about the outcome, the debate over the mechanics of paying for the U.S. government’s obligations and the close call with default now fades back into obscurity. Until the next time. Assuming Congress won’t do away with the debt ceiling and push all…
-
Bond holders have more to fear from the Fed than the debt-ceiling standoff
[ad_1] The U.S. debt-ceiling drama on Capitol Hill makes for great theater, but is little more than a sideshow for bond investors. That’s because the shorter-term direction of U.S. interest rates is almost entirely a function of the Federal Reserve’s actions, and not the debt-ceiling negotiations in Washington. Yet judging by the saturated coverage of…
-
Jonathan Burton's Life Savings: ‘The Fed is way late and they’ve already screwed it up.’ This stock strategist is banking on gold, silver and Treasurys to weather a recession.
[ad_1] Hedgeye’s Keith McCullough says the market is in denial: ‘Investors just want their bubble back.’ [ad_2] Source link
-
Opinion: The debt ceiling nightmare could be a bond and gold buyer’s dream
[ad_1] The last time the U.S. had a really serious debt ceiling crisis, back in the summer of 2011, the stock market tanked and government bonds boomed. The S&P 500 SPX crashed more than 15% in 2½ weeks, something not quite as scary as what happened in March 2020, but not a million miles away…