Nov. 10 (Bloomberg) — Cisco Systems Inc., the largest maker of computer networking equipment, forecast sales for the current quarter that fell short of analysts’ estimates, sending the shares tumbling in after-hours...
Read MoreOne of the challenges that we regularly face is… boredom. The markets are rarely boring even when prices are range trading but we find making the same arguments again and again somewhat tedious. The best example of this...
Read MoreOur basic view is that the cyclical trend is in a sprint that should carry through into year end. We suspect that it will be a ‘white-knuckle’ ride for those with sufficient conviction to hold on to long...
Read MoreNov. 4 (Bloomberg) — Stocks surged, sending the MSCI World Index to a two-year high, and commodities rallied after the Federal Reserve announced plans for more bond purchases and earnings beat analyst estimates. The dollar...
Read MoreNov. 3 (Bloomberg) — The Federal Reserve will buy an additional $600 billion of Treasuries through June, expanding record stimulus and risking its credibility in a bid to reduce unemployment and avert deflation. From our...
Read MoreThe expectation is that the Fed will decide to purchase around $500 billion of longer-term Treasuries over the next six months while stating its intention to continue this process if conditions warrant. How the markets react to...
Read MoreThe appeal of televised poker has much to do with the season-cancelling National Hockey League lockout through the 2004- 05 season. Sports networks needed to fill empty schedules which led to an increase in Texas Hold’em...
Read MoreIt is going to be a new-heavy week. The Fed’s meeting concludes on Wednesday at which time the details surrounding the next round of quantitative easing will be announced. The Bank of Japan has moved up its mid-November...
Read MoreLet’s start with the bond market today. Oct. 28 (Bloomberg) — Treasuries rose as the Federal Reserve asked bond dealers how asset purchases will influence yields, encouraging speculation policy makers remain open to...
Read MoreWe have been arguing over the past few months that the cyclical trend will remain positive into year end. We will quickly go through the chart comparison included below to explain the 2-year lag between the bond market and...
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