Real Reason Why Tightening Cycle — Regardless When It Begins — Will Be Shallow

posted in: Credit, Economy | 0

Last week when the Federal Open Market Committee (FOMC) met, market participants were divided as to whether or not the Fed would raise rates.  Most economists expected a hike, as did the short end of the yield curve; two-year Treasury … Continued

Bulls And Bears Duel In Uncharted Territory

posted in: Credit, Economy, Equities | 0

We are in uncharted territory!  On so many levels.  As you will see in the charts below, many valuation metrics are stretched. The nation’s debt load just rose to a new high.  At 1Q15, the total credit market debt outstanding … Continued