Weekly Market Update
Market Action Central banks around the world stood pat and let Brexit take center stage in market commentary this week. The Fed, BOJ, and Bank of England all kept interest rates unchanged but bonds continued to rally over the uncertainty of next week’s referendum in...Negative Rates and their Effects on the Equities and Bond Markets: Bifurcation Meets Bewilderment in Historical Perspective
Last week the European Central Bank (ECB) started buying corporate bonds. Over the course of the last four year the ECB has committed to “do whatever it takes” to save an ill-conceived monetary union and a dysfunctional Euro. Among its programs were the purchase of...Weekly Market Update
Market Action As the Fed prepares for its June meeting, investors continued to flock to haven assets and safer equities this week. Bonds rallied, the Telecommunications sector posted gains, and volatility rose over 10% on Friday alone. Japanese machine orders plunged...Weekly Market Update
Market Action A poor jobs report on Friday sent shocks throughout markets around the globe. The dollar abruptly fell as skepticism renewed over the Fed raising rates at some point over the next two months. Bonds rallied and stocks fell on the day as well. Defensive...The Fizzling Out of Productivity Growth Rate: Examining the Credit Velocity Link
Productivity growth in the US will decline for the first time in over thirty years, raising the obvious question: How about all those magnificent innovations that constantly change our lives and transform our world from the internet of things to the latest smart phone...Sign Up for Our Publications
