Wealth Creation Through Natural Resources
Steel stocks began selling off hard last week: X (Daily) And the selling spread to integrated commodity behemoths such as BHP and Glencore today: GLEN.L (Daily) While it’s possible that this market action could be limited to the … Continued
A couple of weeks ago I made a blog post on Treasury yields which was published on 321gold. The main premise of this post was that sentiment for rising bond yields (and in turn lower bond prices) was at an … Continued
After rallying since July Treasury yields have been forming a bullish consolidation during the last couple of weeks. The 10-Year Treasury Note yield in particular has pulled back to a key area of confluence from which the next leg higher … Continued
I learned long ago to not be committed to a macro view as a market participant. Perhaps the most valuable thing to “understand” as an investor is to fully appreciate that there is a lot that “i don’t know that … Continued
Among other market developments in 2016 we have seen a breakdown in the spread between the 2-year treasury note yield and the 10-year treasury note yield: 2s/10s spread (gold below) The last time that the yield curve flattened significantly (2003-2006) … Continued
This is the chart to watch right now: 10-year Treasury Note Yield The yield on the 10-year Treasury Note has been wedging its way lower for the last few months and is once again knocking on the door of … Continued
Via Market Anthropology: “As we mentioned in a note last month (see Here), the Federal Reserve Bank of San Francisco recently published an Economic Letter that argued by allowing inflation to overshoot the Fed’s 2 percent target, it would achieve … Continued
Yesterday renowned bond fund manager Jeffrey Gundlach said 2016 is a “go with it” environment for the Treasury bond/interest rate complex. In other words, investors and traders should follow the trend and not try to fight momentum. If Gundlach is … Continued
The break down in Treasury yields that we warned about a couple days ago came to fruition today: 10-year Treasury Yield (Daily) This is a significant breach of a key level of support (2.13%) and the breakdown offers a … Continued
While equities have more than tripled from the 2009 bottom and home prices have also tacked on significant gains (doubled in certain parts of the country) there is a valid case to be made that these asset classes are still … Continued