#Lehman

Authored by Jeffrey Snider via Alhambra Investment Partners, When Janet Yellen spoke at her regular press conference following the FOMC decision in September 2017 to begin reducing the Fed’s balance sheet, the Chairman was forced to acknowledge that while the unemployment rate was well below what

The last time the yield on a 2-Year TSY auction was as high as it was today - 1.922% to be specific, tailing the When Issued 1.899% by 0.3bps - was just a few days after Lehman Brothers failed, with one difference: back then it was sliding, while now the rate on 2Y paper is surging, up from just

Authored by Lance Roberts via RealInvestmentAdvice.com, Review & Update In last week’s “Technically Speaking” post I discussed the S&P 500 hitting 2700 by Christmas. To wit: “As stated in the title, the current push higher puts 2700 in sight by the time Santa fills the ‘stockings hung

Bank of Canada Governor Is Right To Be Worried About The Economy Written by Peter Diekmeyer, Sprott Money News       Bank of Canada governor Stephen Poloz cited numerous worries plaguing the economy during his speech to Toronto’s financial elites yesterday at

Very quietly, in the last few days, cross currency basis swaps (CCBS) related to the dollar have reversed their rise and started collapsing deeper into negative territory… again. This might not be of much interest to buyers of global equity markets at this point, but it is signalling ominous signs