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Author: Richard Hefter

Upside Reversal for Gold

Very interesting that spot gold pierced its prior low early today, but has since reversed strongly by about $30/ounce and into positive territory despite downside continuation in the Euro/USD to new multi-month lows. Yes, my pet...

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Treasuries Still Rising with Equities

Another strange relationship right now is equities versus bonds. With the equity indices up 1.25%-1.45% today, and up 3.5% or so during the past week, shouldn’t we figure that the bond market might be under a bit of...

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