Gappy
I have gone mostly sidelines with the seasonal stock market bounce stuff, but also am not short a single thing. With that disclosed, here is a gappy view of the…
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January 9, 2015
Yield Curve Today
The 10→5→2 yield spread is up big today with all durations dropping. Not a risk 'ON' alignment at all. For perspective, here is what the 30 vs. the 5 year…
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January 9, 2015
‘Jobs’ +252,000 in December
+252,000 vs. 230,000 expected and unemployment drops to 5.6%. From BLS (full report here): Total nonfarm payroll employment rose by 252,000 in December, and the unemployment rate declined to 5.6…
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January 9, 2015