2018

If China wants to accumulate reserves, it will have to buy US Treasuries, even if not every month. Japanese institutional investors are thought to be attracted by the high yields available in the US Treasury market.  But, the wider…

Initial claims for unemployment insurance of 220,000 in the week ending January 13 underscore the strength of the US job market. With the 4-week moving average decreasing to 244,500, there is no sign on the horizon of disruption to jobs.

Now that the Trump tax cuts have been passed and US companies have had the opportunity to incorporate the changes into their projections, we are starting to see big payoffs, particularly for banks. This development is supportive of further…

There is nothing quite like a falling dollar to spur take of the erosion of the greenback's reserve status. For various reasons, countries have chosen to build reserves. Following the decision to hold or build reserves, the question arises…

We see economic growth everywhere in the global economy for the first time in many years. Let's put this economic period in context and talk about opportunities and threats.

The question: When November comes, will voters shun the GOP because they dislike Trump or will they look at the economy and return the GOP back to two more years of total control?

A subordinated deal in a bank bailed out just a year ago and the currency at a three -year high underscore European investor confidence.

Walmarts plan to raise the minimum pay for some employees to $11 an hour is big news. I also think this is good news for Trump and the Republicans as well as for wage rates in the US.

Even though commentary focused on the prevailing bond levels today, what Gross is saying is that the bottom in yields was actually July 2016, 18 months ago.

2018 has started with a lot of angst about bond yields. And there is some cause to be concerned. But this owes to an economy that is growing more briskly and to the Fed that has been and probably will be more hawkish than you think.