The Federal Reserve Building, Washington DC, HDR image. People are still fixated about the interest rate moves. Interest rates up markets down, interest rates down markets up. Interest rates are ...
If you look at a chart of a financial instrument and it doesn’t suggest a trend, then perhaps – and most likely – it doesn’t have one. Markets only trend when they are imperfect or at a rate where the ...
The customers in the economy have the capacity to spend, which means economic activity should keep churning. “As is well known, household and corporate balance sheets are strong,” Deutsche Bank’s ...
The above message seems so obvious with the data presented in the chart – so obvious to be almost irrefutable. Two little facts further strengthen its creditability. First, the above correlation is ...
I am always intrigued by something that happens once in a decade. Thus, I dug in after seeing this chart. The rest of the article essentially is a compilation of the notes and observations I’ve made ...