Stocks And Bonds Diverge It wasn’t that long ago the markets anticipated a substantial economic slowdown. The 20% or so plunge in equities was coupled with a sizable drop in Treasury Bond Yields. Something odd is going on. Most key equity indexes are approaching all-time highs. Bonds yields, on the other hand, are breaking […]
Market Volatility Continues to Surge Over the 16 trading days ended yesterday, the Dow Jones Industrials (Dow) have had an average change EXCEEDING 400 points (1.75%) per day. This level of volatility is FOUR TIMES the average for August and September and nearly TWICE the elevated levels of October and November. Since bottoming at 21,700, […]
Crude Oil in Record Setting Plunge. Just two weeks ago, a barrel of West Texas Intermediate Crude Oil (WTIC) fetched $75, a new multi-year high. Today, that same barrel trades at just above $55, a loss of 27%. This price collapse in Oil was the largest in that short of a time period in […]
Marko’s Take Originally written May 31, 2010 Bond Ratings Agencies Yield Junky Results Think a certain credit rating means something? Think again! Amid the financial crisis which enveloped the global financial system in 2008-2009, Standard & Poors (S & P) and Moody’s played a central role. So much paper with sub-prime mortgages defaulted that were originally […]