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Buy EDV
$63.78
-0.310 (-0.484%)
At Close: Jun 03, 2026
Changing Credit Views Amid Volatility
02:30am, Wednesday, 09'th Sep 2020
We downgrade investment grade credit to neutral and increase our overweight in high yield as we see volatility rising after a rally in risk assets.
One Scary Chart
01:29pm, Tuesday, 08'th Sep 2020
Every asset class except Inflation and US Treasury Bills is above its long-term moving average. Waiting for higher interest rates and inflation the last 20 years has been the one, true Waiting for God
More On Debt
08:32am, Tuesday, 08'th Sep 2020
The main worry I have about US debt is the possibility of a debt crisis. The event combines difficulty in rolling over debt with the lack of fiscal space to borrow massively in the next crisis.
Monthly Market Monitor - August 2020
06:58am, Tuesday, 08'th Sep 2020
I am always loath to use the term bubble because we can't know the future and today's asset prices could look perfectly reasonable with the benefit of hindsight.
The Implausibility Of The Lower Bound Escape Clause
06:30am, Tuesday, 08'th Sep 2020
Any model that suggests that the debt-to-GDP ratio can go to infinity should be rejected. The fiscal rule needs to be relaxed if there is a danger that tightening fiscal policy would result in a reduc
What I Said
12:48am, Tuesday, 08'th Sep 2020
Our correction is not over. There will be more to come, as the equity high-fliers begin their drop back to Earth.
I Invest A Quarter Of My Net Worth Into These Investments
08:25am, Monday, 07'th Sep 2020
Interest rates are at 0%, and as a result, Treasuries and corporate bonds yield close to nothing. The closest thing to a bond in the equity market is a net lease REIT.
Peak Financialism And Post-Capitalist Economics
06:16am, Monday, 07'th Sep 2020
The protracted malaise of the 1970s, with high price inflation and GDP recession, signaled the advent of Peak Industrial Capitalism.
Market Finally Cracks. Is The Bull Market Rally Over?
11:14am, Sunday, 06'th Sep 2020
Over the last few weeks, we have discussed that while the markets were continuing their seemingly unstoppable advance, there were many technical extremes reached.
The Race Is Afoot? Over To The ECB
10:57am, Sunday, 06'th Sep 2020
The Federal Reserve's adoption of an average inflation target pushed on a door in the foreign exchange market that was already open.
MacroView: 5 Reasons The Fed's New Policy Won't Get Inflation
10:33am, Sunday, 06'th Sep 2020
In today's #Macroview, we will discuss the 5 reasons why the Fed will not get inflation, and why deflation is the bigger risk.
Exposed Inflation Bubble
10:17am, Sunday, 06'th Sep 2020
The Federal Reserve just concluded its near two-year long Grand Strategy Review. The purpose, in its most basic component, was to figure out why inflation hadn't shown up in the manner everyone at the
Weekly Commentary: Summer Of 2020
09:50am, Sunday, 06'th Sep 2020
QE fundamentally changed finance. The Fed's COVID crisis leap into corporate debt has wielded further profound impacts on corporate credit - yields, prices and issuance.
Will Bonds Continue To Provide Portfolio-Diversification Benefits?
09:30am, Sunday, 06'th Sep 2020
Has the bond market run out of road as portfolio-diversification tool? No one knows for sure, but for some analysts, the writing's on the wall, and markets are facing regime shift.
The Fed Now Wants Even More Inflation. The Old '2 Percent Target' Wasn't Enough
09:06am, Sunday, 06'th Sep 2020
The US Federal Reserve has adjusted its official inflation target to be even more flexible and inflationary.
