Things Happening Under The Hood?

Like many people I speak with, I’m “mentally bearish”. The stock market is rallying, the Nasdaq nearing is new highs, while retails sales and industrial production are plummeting and we have 36 million unemployed. None if this “gels” with me. But I’m a technical trader and I don’t want to fight the tape. So what […]

The Most Important Number In Finance

The most keenly watched interest rate in the world is stirring things up. The 10-year US treasury (10yr UST) yield is arguably the most important number in finance. It is the de-facto global “risk-free” interest rate used in financial calculations across the world (the rate of return that theoretically bears no credit risk). The chart […]