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Buy EDV
$63.78
-0.310 (-0.484%)
At Close: Jun 03, 2026
Rationalization: Low Rates Justify High Valuations
01:23am, Wednesday, 02'nd Sep 2020
The basic premise of the interest rate/valuation argument has its roots in the Fed Model, which states that when the earnings yield on stocks is higher than the Treasury yield, you invest in stocks, a
Fed's Gonna Let The Economy Run 'Hot, Hot, Hot'
09:26pm, Tuesday, 01'st Sep 2020
Forward guidance will be an integral policy tool going forward in order to try and manage expectations and hopefully, volatility as well.
The Fed's Footprints Are All Over The Financial Markets
07:28am, Tuesday, 01'st Sep 2020
Over the past five months, there has been no evidence of capital flight to the US. A large rise in the expected inflation rate in parallel with a flat nominal interest rate equates to a large decline
Shifting Conditions In The Market - Weekly Market Notes August 31, 2020
06:30am, Tuesday, 01'st Sep 2020
The major indexes rallied for the fourth straight week with the S&P 500 and NASDAQ gaining more than 3.0% last week.
July Income And Consumption
01:55am, Tuesday, 01'st Sep 2020
Consumption is almost to the nadir of the Great Financial Crisis. We still have a long way to go.
3 Reasons The Economic Recovery Will Be Long And Slow
01:51pm, Monday, 31'st Aug 2020
Recently, the Federal Reserve confirmed a widely expected shift in monetary policy that will result in near-zero interest rates for the foreseeable future.
Higher Inflation From The Fed's New Strategy - And More Business Cycles
08:32am, Monday, 31'st Aug 2020
The Fed's new strategy statement will likely result in higher inflation and more volatile inflation. The higher inflation is welcome, at least by the Fed.
The Virus, The Elections, And The Fed
08:13am, Monday, 31'st Aug 2020
The Federal Reserve's recent decision to adopt a radical change in its policy focus. Equity prices are making new all-time highs and interest rates are marking all-time lows.
Month-End Gyrations And The Fed's Ad Hocery
08:03am, Monday, 31'st Aug 2020
Markets are searching for direction at month-end. The dollar is mostly higher, though the Norwegian krone and Canadian dollar are resisting the tug.
Falling Down The Jackson Hole
07:58am, Monday, 31'st Aug 2020
A Pyrrhic victory for stocks. The Fed delivers more of the same at Jackson Hole.
Seriously, This Isn't Difficult
12:11pm, Sunday, 30'th Aug 2020
The lower rates go, and the longer they stay lower, the more they signal lack of faith in the Federal Reserve to change the situation.
A Look At The Price Action
11:26am, Sunday, 30'th Aug 2020
The idea that the Federal Reserve would tolerate higher inflation to compensate for the undershoot would on its face be dollar negative.
Weekly Commentary: It's About Jobs, Jobs, Jobs
10:55am, Sunday, 30'th Aug 2020
The S&P 500 jumped 3.3% (up 8.6% y-t-d), and the Dow rose 2.6% (up 0.4%). Three-month Treasury bill rates ended the week at 0.095%.
