A Global Bond Rout and a Third Central Bank Turns Hawkish
The market is under severe pressure as oil remains elevated and yields are rising everywhere at once.
The market is under severe pressure as oil remains elevated and yields are rising everywhere at once.
New lows outnumbered new highs three to one with no rotation or dip buying taking place.
Ugly action feels much worse if you have no flexibility. Here’s what I’m doing.
The technical damage came first. Now the news is doing the rest.
Breadth is at 33% gainers, with new lows running better than two-to-one on Monday.
Conditions for a difficult September are in place, but it will also create new opportunities.
The best stock I ever bought was pure luck.
September hike odds jumped on one sentence about underlying inflation from the Federal Reserve chair.
The Fed Chair thinks the central bank should communicate less rather than more, but the market is hungry for insight into inflation.