The U.S. Treasury missed the opportunity to extend debt maturities while rates were near multi-decade lows. As of the end of last month, the total public debt outstanding is over $21 trillion and...
POSTED: Oct19, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
China's missed bond repayments have continued to reach new highs. Is this a precursor to recessionary environments? We also include a view of the progression of tariffs on Chinese imports. In...
POSTED: Oct17, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
Emerging Market currencies are finally showing signs of stability. As we have noted before, the 2-year US Treasury real rates have been rising since the Fed started the last hike cycle. This kind...
POSTED: Oct15, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
Today's chart blog starts with a long term perspective on the S&P 500 as well as the P/E ratio, with data going back to the industrialization age. A shortage of pipeline capacity and refinery...
POSTED: Oct12, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
Today’s blog will attempt to give more color to the issues that have roiled the markets this week. Despite the recent volatility, please have a great weekend!
POSTED: Oct11, 2018 |
CATEGORY: Market Commentary, Investment Management
Yesterday saw the major U.S. stock bourses suffer the worst losses since February. Today, they followed suit. While it may be hard to ignore the financial press’s headlines, we would like to remind...
POSTED: Oct10, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
The rising bond yields we have recently talked about will mean higher federal interest expenses. The latest weapon in the Chinese trade war arsenal is energy – the Chinese have halted all crude...
POSTED: Oct09, 2018 |
CATEGORY: Economics, Market Commentary, Quantitative Easing, Equity, Fixed Income, Federal Reserve
“These rose colored glasses
That I'm looking through
Show only the beauty
'Cause they hide all the truth”
-John W Conlee
POSTED: Oct08, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
Happy Columbus Day, or should we say Indigenous Peoples Day, Discoverers’ Day (Hawaii) or Native American Day (South Dakota)! We begin this week with a look at Small Caps relinquishing nearly all...
POSTED: Oct05, 2018 |
CATEGORY: Fireside Charts, Equity, Economics, Market Highlights
The 30-year mortgage rate sprung to almost 5%. Strong non-manufacturing PMI and employment data sent the U.S. dollar and bond yields significantly higher. An update on the current trade climate,...
