Lots to read on Greece, oil, corporate earnings and Apple but the critical driver of equities markets remains interest rates. Amid multiple headlines of central bank QE, rate cuts and record low yields you might want to watch this…..
February 11th, 2015 by Gary
Ireland’s sovereign credit, freshened with the ratings lipstick of Moodys, has seen yields on its five year bonds loiter around 1.63%. That my friends is basically the same return/risk being attributed to US 5 year Treasuries.
January 20th, 2014 by Gary
The unique monetary experiment being conducted in financial markets these days does bring to mind the famous words of John Kenneth Galbraith…
June 17th, 2013 by Gary