Monthly Archives: October 2024
Showing articles 21 - 22 (22 total)
02Oct11:29 amEST
Back in Town
After taking a few months off this summer to allow the initial rate cut euphoria to run its course, I am now "back in town" in the bond market and betting the short side on Treasuries, looking for higher rates in the belly and long end of the curve. Much like the 1970s with the oil embargo and wage/price spiral, we now have several seemingly...
01Oct12:52 pmEST
Any Storm in a Port
Escalations in the Middle East are compounding the effects of a major strike in many of American's ports today to kick off the new month and final quarter of trading. As a result, the Nasdaq is leading markets lower, off by around 2% as I write this. Apple's breakout attempt higher yesterday is reversing sharply, with the iconic name down by...