Any Winners?

Any Winners?

OVERVIEW   Volatility jumped last week, with the VIX Index climbing over 33 by the week’s end. The result was the U.S. stock market taking another leg lower, as the S&P 500 dropped 3.27%, the Dow fell 2.47%, and the Nasdaq tumbled 3.93%. Over in the bond...
Dollar Dominance

Dollar Dominance

  Listen closely, and you might hear chants of “King Dollar!” echoing faintly in the background. Why? Because the stealthy story unfolding in the financial markets over this past month has been the surge in the value of the U.S. dollar. As our chart of the week...
T-Bill Yield Momentum

T-Bill Yield Momentum

  Last week, I discussed this idea that short-term interest rates are surging, putting pressure on stocks. So, this week, I want to show the specific indicator that we use to measure short-term interest rate momentum, or what I’ll call T-Bill Yield Momentum. A...