Wednesday’s 10-year Treasury auction was met with solid demand. More interestingly, the...
2023 Challenge: Contradiction
As we start 2023, the challenge this year for investors appears to be whether we rely on bearish...
Yellen Says No Recession On The Horizon
Yesterday, U.S. Treasury Secretary Janet Yellen stated: “You don’t have a recession when you...
Corporate Bond Spreads and Defaults Set to Increase
The graphs below point to a potential problem for corporate bond investors. The graph on the left...
Apple Earnings Break a 7 Year Streak
Apple missed earnings estimates for the first time in seven years or the last 28 quarterly earnings...
BLS Employment Preview
Heading into today’s BLS employment report, it’s worth summarizing other recent labor...
The Fed Funds Rate Inches Higher
As expected, the FOMC increased the Fed Funds rate by 25bps to 4.50%. They also anticipate that...
FOMC Cheat Sheet
At 2 pm ET, the FOMC releases its Fed Funds rate decision, and Powell will hold a press conference...
Sector Rotation- 2022 vs 2023
While only a month into the new year, 2023 has been marked by a sector rotation that has mainly...
Fed Funds Forecasts- Mind The Gap
As we consider how the Fed might adjust the Fed Funds rate on Wednesday, it’s also worth...
