When you take seven assets from various parts of the market, and six of them say one thing while one says something different, you wonder what that one asset knows that the others don’t.
It is difficult to view political developments in an apolitical manner, but I’ve learned the hard way that one’s political opinions can all-too-easily cloud objective judgments about investing.
The recent spike in U.S. 30-Year bond yields reflects investor concerns over long-term debt sustainability and fiscal policy shifts. Rising 30-Year yields in other major economies point to a global aversion to long duration, not just a U.S.-specific issue.
US debt levels have risen to concerning heights, prompting increased scrutiny from economists and policymakers. Although the United States continues to hold a high-quality debt rating, the growing debt burden may lead to higher risk premia, ultimately increasing the cost of borrowing.
Despite the dollar’s recent weakness, the structural advantages of deep and liquid US financial markets, its dominant role in trade invoicing and as a monetary anchor, are sustaining its primary reserve currency status.
The key to investing is persistence and patience. Markets follow the cumulative mechanism. Those who stay the course through both thick and thin and stick to the long-term goals will win.
The primary focus this coming week will remain on the bond market, with the Treasury auctions drawing significant attention. These auctions should fare better than last week’s poorly received 20-year auction.
The increasingly confrontational developments related to cross-border commerce have pushed all major equity benchmarks and sectors into the red, as well as the greenback.
With the labor market already in balance, tariff risks greatly diminished amid ongoing negotiations, and the Fed Funds rate still in moderately restrictive territory, we believe that the Fed should calibrate rates lower.
Stocks pushed higher on Monday as investors cheered weekend news that the US and China temporarily agreed to back off steep reciprocal tariffs
In a dominantly consumerist world, it is easy to forget the fragile dependence of human life on nature and its bountiful offerings. At the heart of all food chains lies the basic premise of bio-diversity. That makes biodiversity a necessity, and not a luxury.
We often talk about the future as if it’s something we’re waiting for. But the most astonishing thing about the future is how much of it has already arrived—and how quietly it did so.