On Oct. 15, the sitting U.S. Treasury Secretary Jack Lew sent his warning letter to Congress to increase the U.S. debt ceiling “or else.” Should bond investors be scared? Here’s an excerpt from Lew’s letter to Congress: “Based on our best and most recent information, we now estimate that extraordinary measures will be exhausted no later than …
The most important single factor in shaping security markets is the public’s psychology. That was Gerald Loeb’s observation about how financial markets operate. And history has proven this assessment to be consistently true. What about now? Although the broader bond market (NYSEARCA:AGG) is generally considered to be a more conservative place to invest versus stocks, there’s been …
Love Affair with High Risk Debt Overtakes Bond Market Read More »
After gaining five consecutive years and gaining nine out the past 10 years, the U.S. stock market is on a roll. And while it’s easy to become complacent, warning signs are already showing up in the bond market. (Audio) Listen to Ron DeLegge @ The Index Investing Show The chart below illustrates how risk appetite …
If you own a portfolio of investments, this article is for you. It doesn’t matter if you’re new at investing or a veteran with years of experience. It also doesn’t matter whether you have a tax deferred retirement plan like an individual retirement account (IRA), a 401(k) plan, or a taxable portfolio. There are certain attributes …
It seems nobody on Wall Street can stop talking about how the S&P 500 just breached its 200-day moving average for the first time since November 2012. From bedazzled TV anchors to nouveau bears, it’s suddenly everybody’s favorite chart, minus Abby Joseph Cohen. The other chart nobody wants to discuss is the significant outperformance of …
One Rally That Has Blindsided Wall Street’s Throngs Read More »