Brexit means entering the bond market

The equity market churn with a volatility that’s almost nonexistent is creating huge moves in the bond pits. As stocks move in a range for the last week or so and the VIX moving toward single digits, the 10-year note is trading at 2.3%. This is about where it was right after the election when […]

Q1 market run up almost complete

Ok the last day of Q1 2016 now has all major equities exchanges positive for the year, just as I predicted on Monday. The window dressing was aided by Fed chief Janet Yellen on Tuesday with her announcement that rate rises will be “gradual.” Yellen’s pullback from the December quarter point rates rise and her […]