The staggering run of bonds

On top of all the geopolitical headlines the money and bond markets have had to contend with of late, there has been another news story that has recently garnered its own fair share of headlines: a new Fed chair.

Pavlov’s dogs became conditioned to associate a bell with a reward. Does that sound all that different from equity traders right now?

As the Information Age morphs into the Automation Age, some market truisms that pass as common knowledge may not apply.