Econmatters

Greece Imposed Emergency Capital Control Greece is still staring down the barrel of a $1.8-billion loan payment to the IMF (supposedly due on Tuesday). The latest development is that Greece imposed...

Good Year Performance Wise We closed out our bond short this week and are up 42% so far this year. The reason we closed out our bond short is that we are trying to make money and...

Solar energy has garnered quite a buzz lately as China is said to beef up its solar installation this year. Fundamentally, many energy forecast scenarios by numerous agencies suggest while...

Strategically Shorting BondsI have been shorting the U.S. 10-Year Treasury strategically the last 6 months, buying the oversold yield conditions right before the employment report ramps up yields. It...

Inflation Isn't Moderating, It is Consolidating before the Next Leg UpInflation numbers of late have been helped by the drop in fuel costs, the agricultural grains have been brought down in the...

Gold CrosscurrentsThe gold market has a lot of crosscurrents at the moment, with the main negative as we write that it doesn`t pay a yield. Given the abundance of cheap money chasing every...

How to properly value European BondsThis seems to be the biggest question in financial markets for me right now because the math just doesn't add up any way you slice it. When you look at the pricing...

Sleepy August Closes OutLost in what is one of the lowest trading volume weeks of the year, and a really sleepy August month in general where many folks are getting to use some vacation time before...

Right now investors in European Bonds are running over each other all in an effort to front run what the Big Banks have been begging the ECB to begin a bond buying program similar to the United...

Academia Finally Sounding AlarmAs stocks set new records each month even other academic economists are starting to realize that not only is the Federal Reserve behind the curve, but that they are part...

March or June?The big question for financial markets is whether the Fed will raise rates in March or June, it used to be Whether it would be June or September of 2015, and I think as the data gets...

Fed Dominated WeekThis past week was dominated by Jackson Hole, the Fed minutes, and the fact that many traders were on a beach working on their tans during this last slow period before things get in...

Push the LimitsIt has been a common theme in financial markets to push the limits on any possible edge, so if there are restrictions on banks and financial institutions use of leverage, lobby for...

Russian Invasion TensionIt occurred Friday morning while most traders were asleep in illiquid markets where the 10-Year was forced down to basically 2.35% in Yield first on Ukraine worries over the...

Jackson Hole Agenda The annual Jackson Hole economic symposium, a three-day conference in Wyoming begins on Aug. 21 with the official topic of “Re-evaluating Labor Market Dynamics.” Sure,...

Fading Strong Employment ReportsThe trend in the bond markets the last several months, and basically all of 2014 has been to buy bonds in the dead periods of econ reports, or the econ reports that...