The End of LIBOR
…transaction data in the repo market for Treasury Securities. The major improvements come from the new rate being harder to manipulate because it comes from real transaction data instead of…
…transaction data in the repo market for Treasury Securities. The major improvements come from the new rate being harder to manipulate because it comes from real transaction data instead of…
As expected, the Federal Reserve Open Market Committee (FOMC) left short-term interest rates unchanged yesterday. Their statement yesterday along with other comments from Fed officials imply that the Fed is…
…bonds (around 0.5 for you geeks out there). What’s not to like? Well, for us, we didn’t want the trouble that comes along with being in a partnership. There are…
…when the time comes. I hope they can coalesce around a decision to preserve their credibility. If they continue to hem and haw, I think they will look bad, which…
…the CBOE Volatility Index, or VIX as it is commonly known, that measures the markets view of expected volatility over the next three months. Early in the year, traders expected…
…billion. Berkshire’s biggest businesses, insurance, railroads, and energy, only account for 40 percent of the total revenue. The fun companies that he always talks about, like See’s Candies and the…
…for each company in the index and then divide by the number of stocks in the index. When Charles Dow first created the index in 1896 for the Wall Street…
…percent coming out of the 2008 financial crisis but struggled to do so. Some clients are asking what we are doing to protect ourselves from higher inflation rates, and it’s…
…that markets were too aggressive in the policy changes to come. At the meeting last week, Powell held his ground. I have to admit that as much I don’t like…
…oil could jump 32 percent, which is what that answer implies, but I would be surprised. I also think that it would be a big negative since higher energy prices…