…makes sense given that stocks have rebounded globally, credit spreads have narrowed, the People’s Bank of China (PBoC) cut interest rates and the European Central Bank (ECB) has signaled more…
…that the average cost for families with more than $110,000 in income is ‘only’ $36,946. When I looked at my wife’s college, Denison University in Ohio, I found roughly the…
…Fund futures suggest that the market believes that the odds of a hike in December is now more than 70 percent. Just last week, the odds were around 35 percent,…
…the underlying assets of the ETF are bonds. On a typical day when the stock market and bond market are both open, shares of bond ETFs are trading on stock…
…two percent management fees were $414 million. Not a small sum, except when compared to the performance fees that they paid, which were $700 million, bringing the total costs to…
…managed futures and trend following, but we don’t feel like anyone understands them like traditional asset classes like stocks and bonds. Managed futures strategies were born in the 1970s, but…
…rates in the September meeting and were surprised when the Fed cited market turbulence when they kept the rates unchanged. In September, markets were worried about global growth and the…
As expected the Federal Open Market Committee (FOMC) raised interest rates a quarter of one percent so that the target range for overnight lending is now 0.25-0.50 percent. Importantly, the…
…recent peak. The S&P 500 is already in correction territory having not fully recovered from the steep losses last August. The rally in October offset most of the losses, but…
…inflation expectations measures is becoming worrisome.’ He further said that while central bankers try to ‘look through’ oil price changes, ‘inflation expectations themselves begin to change due to changes in…
