Weekly Market Update
Market Action U.S. stocks performed poorly this week as all sectors sustained losses. Poor economic data, led by a revision for Q1 GDP to -0.7%, contributed to the selloff on Friday but equities still remain within a tight range. Japan’s Nikkei hit a 15-year high on...Weekly Market Update
Market Action Equity markets in the U.S. remained subdued again this week in light of little economic data. Earnings reported this week, most notably from the retail sector, were mixed as expected. Stocks remain in a tight trading range while long-term bonds go...On the Chinese Wall of Steroids: Imbalances and Asymmetries
In a recent study by the McKinsey Institute total credit market debt in China is shown as the largest in the world, and that is only what we know of. The dangers are not limited just to China but are extended to the global financial system. In a world where financial...Weekly Market Update
Market Action While equity markets in the U.S. pulled out small gains fixed income movements dominated discussion during this past week. Considerable moves in longer term bonds in the U.S. and Europe captured attention with benchmark rates hitting their highs...Dioskouri Brothers Confronting a Joyful Disorder: Bonds, Yields, and Negative Equilibrium
Over the course of the last two weeks, we have been observing a twist in the bond markets. Yields are rising and consequently bond prices dropping. More than $420 billion worth of paper wealth has been wiped out in the bond markets across the globe. The rooster of...Sign Up for Our Publications
