Wealth Creation Through Natural Resources
The backdrop for U.S. housing is a mixed one. On one hand mortgage rates remain historically low and show no signs of rising anytime soon, and on the other hand existing home sales have begun to drop off recently and … Continued
This is a really smart note from @rareviewmacro: To boil this down, a rate hike on Wednesday will likely to serve to only ‘tighten’ market conditions further, whereas, a decision to keep rates on hold would generate a sell-off … Continued
While the market is intently focused on whether the Federal Reserve will raise rates at its December meeting, the real action is taking place at the long-end of the Treasury yield curve. Two weeks ago the yield on the 30-year Treasury … Continued
Noted market technician and fund manager J.C. Parets is a long time friend of CEO.CA and EnergyandGold.com. We had the pleasure of sitting down with J.C. and picking his chart filled brain as to what he’s seeing right now across … Continued
The Federal Reserve did not hike interest rates today – here are 5 key takeaways from the announcement: The following excerpt from the first paragraph of the Fed statement is a clear signal that China is very much on the … Continued
The chart of 30-year fixed mortgage rates dating back to the early ’70s is a sight to behold: For the last several years American borrowers have been blessed with the good fortune of historically low Treasury Bond yields which … Continued
All hell has been breaking loose for the last week. From the Shanghai stock market going into full crash mode to Greek citizens formally voting to leave the eurozone to the New York Stock Exchange halting trading for 4 hours, there’s … Continued
After last week’s bond rout/rate rally many sell-side analysts came out over the weekend calling for investors to get into bonds to take advantage of the sell-off. This morning prices are even better as the 30-year yield rises above 3.20% … Continued
Treasury yields are bumping up against major resistance this morning. The 10-year note yield, in particular, is threatening a breakout above multi-year resistance in the 2.30%-2.40% yield range: There are a few reasons why this recent surge in yields … Continued
As John Maynard Keynes famously stated “When the facts change, I change my mind. What do you do, Sir?”. I am very close to changing my mind on the direction of long-term interest rates. The chart of the 10-year US Treasury … Continued