Could the 3% Yield Be the Trigger for the Bond Rally?
One school of thought: the 10-year Treasury hitting that level signals a growth slowdown.
Risk
Is the Market Slide’s End Near? Maybe So, Says BofA
Large departures of money from retail funds could mark capitulation, per the bank’s chief strategist.
Why Bother With Market Forecasts If They Usually Are Wrong?
These auguries of where stocks may be headed serve a purpose, say market savants.
Why the Snake-Bitten Market Might Turn Around by September
History shows that a 14% January-April slide usually results in a four-month rebound, says Sam Stovall.
Once a Liability, Corporate Pension Plans Start Turning a Surplus for Many Companies
But that doesn’t mean corporations will reopen closed plans.
What Worries CIOs Most? Inflation and Valuations
CaseyQuirk’s Sentiment Survey shows allocators are hustling to beat higher prices with private investments.
Economic Warning: Animal Spirits Aren’t in a Happy Place, Says Wells Fargo
Well-known index of investor sentiment has grown more and more negative of late.
High Inflation? Investors Go for the ‘Transitory’ Narrative
Their take: March’s sizzling CPI number likely is the near the top.
Wall Street Expects a Slowdown, Not a Recession, But …
The one skunk at the picnic is pessimistic Deutsche Bank, which sees trouble ahead.
Inflation: Why the Late 1940s Better Matches Today, Says Guggenheim
Not the 1970s, which is most often cited as the historical precedent, says firm CIO Scott Minerd. If so, that’s good news for us.
What It Would Take for Powell to Get His Soft Landing
Former New York Fed head Dudley thinks the central bank’s quest is doomed. Is he right?
Maybe an Inverted Yield Curve Isn’t an Ill Portent
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.
Food Inflation Is Bad, but Should Level Off Near-Term, Says Shepherdson
Agricultural price rises are nothing like oil’s, reasons the Pantheon Macro economist.
Jobless Claims Shrink Amid Labor Shortages, but Market Shrugs
Powell charges that the tight employment situation is ‘unhealthy.’