Meet Me at Zero

Last Week: Interest rates and equities fell after a one-two punch from ongoing trade frictions and fresh signs of slowing global growth. The yield on the US 10-year Treasury note declined to 1.54% from 1.70% a week ago, its lowest level in three years, while 1-month LIBOR forged a similar path, falling to 2.17% from […]

GDP Data to Confirm Solid Recovery

Last Week: A week of limited data and events saw previous trends maintained; what data there was, generally had a positive tone. US equity markets hit and held at or near new highs, while the US dollar rallied, oil declined and gold traded flat. The 10-year Treasury traded mostly flat for the week to 1.5835%, […]

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Negative Interest Rates: Friend or Foe?

We’re all bombarded with news of the imposition of negative interest rates in Japan and in Europe, how it’s setting a historical precedence, why its happening and wonder if it’s possible in the US. While there’s a great deal of fear and misunderstanding around the idea that our beloved Federal Reserve could adopt a negative […]