Phillips Curve and Labor Market Dynamism
We heard several times last week the assertion that wage increases have been significantly less than one would expect given the state of the labor...
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The Market Sentimentalist -Â Get Out Of Jail Free: Thoughts On US Yield Curve Flattening
SummaryThe Fed is poised to continue its rate hiking cycle. Reminiscent of earlier bond market conundrums, longer-dated Treasury yields have not...
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The Counter-Revolution of Hate:Â How Central Banks Have Sold Out Free Markets
Free-market capitalism is under siege as a direct result of monetary policies adopted in the wake of the financial crisis. It may survive but it...
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Shorting the IShares 20+ Year Treasury Bond ETF (TLT US – USD124.10)
In September we issued an insight titled: US Interest Rates: Boiling a Frog. Our base case remains that the 35-year decline in US interest rates is...
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US 2-10 Yield Curve Steepening Expected
US curve 2-10, also appliable to 5-30 and 10-30, flattening cycle since the beginning of 2017 is about to reverse.The curve is showing signs of...
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