The Economy is “pretty darn great”

The Economy is “pretty darn great”

Which must be why interest rates are in a free fall.  Below, the ten year yield: From March 2016: “Anybody who says we are not absolutely better off today than we were just seven years ago, they’re not leveling with you. They’re not telling the truth,” Obama...
Industrial Production Continues To Contract

Industrial Production Continues To Contract

Industrial Production has declined 1.4% over the last year.  A decline of this magnitude, outside of a recession, hasn’t happened in over 60 years.   This extensive weakness has certainly emboldened the bond bulls.  Hat tip Charlie...
Explaining Brexit

Explaining Brexit

This has certainly been a dominating subject of late.  Many believe the recent weakness in U.S. equities is a result of the Brexit controversy.  Here’s a very good article on the subject: http://seekingalpha.com/article/3982122-brexit-boogeyman Hat tip Brian...
Cash Is King

Cash Is King

There is a ton of cash on the sidelines:  This is a tremendous amount of rally fuel, if and when it returns to the equity markets.  Hat tip Urban...