Risk Flies ‘ON’ Today
All Treasury yields are up with the curve… yup, dropping. They are suddenly not scared anymore and are flying out of liquidity instruments. Junk and Junk to quality is snapping back hard and the inflation gauge is even getting a little bounce. It appears we could get some Santa and possibly even January Effect action in the coming weeks. Small Caps had a massive day. … Continue reading Risk Flies ‘ON’ Today