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June 29, 2024
Right to be a bit cautious or unnerved at this point. It certainly seems the bias for rates is upward. The bond market has been in a 30year bull trend. That has bailed out a lot of bond investors. Yields keep going down and returns are good. Hate to argue with him, but i think he is maybe too pessimistic about where bonds are. We will be in a 2. 4 to 2. 7 sort of range. We are in an environment where you will definitely see those bond yields head back towards to 2. 6 or 2. 7 level. But i am very...
June 29, 2024
Premarket, apple. Up 3 or 4 . 900 billion market cap, potential. Tim cook is giddy. Time now for your morning brief. It is jobs day. 8 30 a. M. , u. S. Payrolls out for october. Later, President Trump will depart the white house and begin his 11 day trip to asia. At 12 15 p. M. , minneapolis fed president speaks on housing and finance. Is he getting promoted . With neeljp morgan kashkari running. Looking at the payrolls report for october for a preview of what to expect. Bloombergs International...
June 17, 2024
Information on the russia probe relating to two campaign advisers. One described as the coffee boy and another dubbed a hanger on. We start with carter page, who met with the White House Intelligence Committee yesterday. The New York Times reports tonight carter page, a Foreign Policy adviser to the trump president ial campaign, met russian government officials during a july 2016 trip he took to moscow, according to testimony he gave on thursday to the house intelligence committee. Shortly after...