A Ray of Sunshine?
July 5, 2022 Good morning, The second half of the year begins in earnest this holiday shortened week, and markets this morning are tracing out price action that has become oh-so-familiar thus far in 2022; weaker equities (futures down a percent), higher Treasury yields (US 10yr +5bps to 2.92% from 2.87% early this morning), and […]
Have A Nice Weekend
July 1, 2022 Good morning, News this morning is bulging with all the dreadful superlatives about the first half – global stocks and bonds have fallen by the most on record, (at least according to Bloomberg data going back to 1990). The S&P 500 Index had its worst first-half in over 50yrs. U.S. fixed income […]