Sample Our Reports, Presentations, & Market Insights
Our Take on the Bond Market in 2000 Part 1: Why the yield curve is inverted There is more to the yield curve inversion than supply cuts and buyback announcements. In fact, the Fed policy may have contributed more to the inversion than the...
How to Calculate the Odds of a Change in the Fed Funds Rate A primer on how to use the fed funds futures as a predictor of Fed policy.
“As Goes the Week . . .” “As Goes the Month . . .” A look at how predictive the first week and the month of January are in predicting the course of the stock market for the entire year.
The New 6% T-Bond Contract A historical look at the new 6% Treasury Bond futures contract.
The International Federation of Technical Analysts, Inc. Speech (518K) Presentation package used at the IFTA Conference in Niagra-on-the-Lake, Ontario, Canada on October 19, 1999.
Corporate Supply – The Big Lie! Wall Street is vastly overstating the amount of corporate supply and its importance to spreads.
Unrealized Gains in Domestic Equity Mutual Funds are Booming During this decade, the public’s average purchase price of domestic equity mutual funds has been below current market levels. This is especially true over the last few years. So, the...
May 1999 Issue (99K) Cover Story – Charting the future of analysis
Updating Our Bond Outlook: Watching the Most Important Relationship in the Bond Market The most important relationship in the bond market is the growth rate of nominal GDP relative to the current level of interest rates. We believe nominal GDP is...
Understanding the Financial Markets in 1999 Part 5 – The “Bad” Bull Market An unusual situation has been unfolding in the last several months. Falling interest rates (a.k.a. – a bull market) has been bad and rising interest...
Understanding the Financial Markets in 1999 Part 4 – Is the S&P 500 the “Engine” of World Growth? Why did all financial markets nearly melt-down last summer/fall? We believe it was not due to LTCM or Russia, but because the...
Understanding the Financial Markets in 1999 Part 3 – The Stock/Bond Relationship: Is NOT a De-coupling In this commentary we combined the themes detailed in parts 1 (nominal GDP is a better than inflation to compare interest rates against) and...