Bonds

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We Have Reached The Silly Phase of the Bull Market

Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest...

Beware of Accepted Wisdom

Most everyone has heard of the Chinese proverb – or curse – that wishes one to live in “interesting...

Regime Change

Stocks took another beating last week as the scope of the coronavirus shutdown started to sink in. The S&P...

A Week We’ll Never Forget

Last week was one of the worst weeks in the history of the US stock market. Thursday’s plunge was...

Is This The Beginning of a Recession?

As I sit here Monday evening with the Dow having closed down 2000 points and the 10-year Treasury yield around 0.5%,...