Credit Writedowns

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.

Until we see the US economy slowing, we should expect rates to rise. And if inflation starts to rise, rates will rise further still.

Claims that moves by central banks in China, Japan and Europe are dominating the US Treasury market are flawed because the 'model' used to make those claims is flawed.

It’s semantics whether 2.50%, 2.63% or 3.00% is the right level to declare a bear market in bonds. What matters is that the two best-known bond market investors are now saying we are in or near a bond bear market.