China Triple Whammy
Concerned about rampant speculation, China acted today to let some air out of the rapidly inflating equity bubble: • China will raise...
Global Boom ?
We’ve mentioned the Recency effect several times of late. You can see no better example of this cognitive bias than in David...
Uh-Oh: It’s A Low, Low, Low, Low-Rate World
Damn! Now I have to go sell all my Bonds! From the current BusinessWeek: "Wait a minute—weren’t long-term interest rates...
Global Credit Crunch?
Surprisingly strong words out of Merrill: "Merrill Lynch has warned of a global credit crunch as central banks in Europe and Asia...
5 & 10 Year Yields
In the last post, Eclectic lays down the challenge that Yields are not going higher, and (according to him) certainly not over 5.250% on...
Cash No Longer Trash?
It looks like we are going to get one of those "Sit around and wait for the FOMC" days. While we await the likely...
Falling Bonds, Rising Yields
Bond prices in the US, Europe and Japan have been sliding since December. At 4.11%, European 10-year government bond yields are at the...
The Sordid Truth About Inflation
With PPI out today, and CPI out tomorrow, inflation will be on Trader’s minds. Now is as good a time as any to update our thinking...
Seven Big Numbers for 2007
Andrew J. Burkly of by Brown Brothers Harriman & Co does a nice "numerical" preview each year. Here are his Seven Big...
Yield Curve: Its different this time
I love the serendipity when two separate analyses show up saying the opposite thing. Such was the case this weekend, when I was looking...