As I was shorting S&P Futures late Thursday night it once again hit home how close financial markets are to some major shocks all due to ridiculous amounts of liquidity by Central Banks all over the world.
As the old saying goes - If you can't beat them, join them.
Well, I am profitable on this latest move up in 10-year yields, and I expect yields to continue rising through the 10 and 30 year bond auctions later this week ...
Eating out for the weekend brings home the idea that food and restaurant costs are only going up on the whole...
Gold Bears Have Wind at their Backs as Technicals likely to fail to downside over Near-Term.
This seems to be the biggest question in financial markets for me right now because the math just doesn`t add up any way you slice it.
Expect market participants coming back from vacation, and probably everything that worked in August will get “taken out to the woodshed” in September.
Investors in European Bonds are running over each other all in an effort to front run what the Big Banks have been begging the ECB to begin a bond buying program. It is hilarious as European yields are already ridiculously low right now, how much lower do they think these yields can go?
Martin Feldstein, Harvard University professor alludes to what many in the financial community recognize that risk-taking is out of control.
The future fund flows out of the bond market over the next four months as the economic data comes in hotter each month s going to be staggering to watch as the realization that the Fed has to move on rates by March, and not June of 2015.
The econ data this week signal the US Economy is in a bull market (not the same as the Fed -roided stock and commodity markets), now let`s hope we can keep inflation from spoiling the party!
There are a lot of market participants so far from reality due mainly to an incompetently dovish Fed led by Yellen that the amount of re-pricing is just off the charts...
Anytime there are negative or even close to negative real rates for bonds that is a sign that central banks need to change policy.
Even Hellicopter Ben would have balanced remarks. However, Janet Yellen has taken dovishness to an all-time high or low dpending on your perspective.
Good thing the Federal Reserve isn`t worried about inflation, another 2% rise is just noise. But when the Fed does start worrying about inflation, not only is it too late, it is 1970s too late!