For the last few decades we have been in a low interest rate environment where deficit spending would not cause major issues. However, a 40-year high in inflation prompted the Fed to tighten monetary policy at a fast pace. Higher rates mean the cost of servicing U.S. debt will follow higher.
Some detail on immigration encounters in the U.S.
U.S. News & World Report recently released its latest rankings of colleges across the U.S.
A long-term look at gold prices
Some interesting charts from our recent posts.
Today's topics include 5% 10s!, options expiration today, government shutdown worry, hedge fund leverage, powell emphasizes the importance of communication, more inflation concerns, fear in markets, oil prices close in on $100, japanese yields soar, are banks embracing WFH?
Today's topics include checking in on treasury returns, how much does China's slowdown factor into Fed policy?, quantifying the effects of a government shutdown, crude closing in on $100, manipulating stocks options?, an index for dispersion trading, small caps feeling the pinch of higher rates, the rising cost of owning a home, and a comical take on market messages
Today's topics include the effects of a potential government shutdown, when flows do not follow performance, updating the stock market's decline, more on household savings, a sign real yields are restrictive, companies feeling the pinch of higher rates, comparing China to Japan, and how Russia circumvents oil sanctions
The pandemic has swung the labor/management relationship in favor of labor. "Stickier" inflation and higher interest rates will result.