 | U.S. Long Bond: Let’s Review the “Upward Point of Exhaustion” Here’s an update on the trend of 30-year U.S. Treasuries since the historic early March price moves. Back in early March, the behavior of the bond market was reminiscent of what unfolded during the depths of the 2007-2009 financial crisis. Prices and yields were making READ MORE |
Month: June 2020
Did Covid19 Cause the Stock Market Crash?
 | Think Coronavirus Caused the Crash? These Two Charts Beg to Differ Just about everyone thinks the coronavirus pandemic slammed global stock prices in February and March. Entire countries shut down; businesses closed up shop; unemployment soared. People stopped spending money beyond the essentials, so conventional wisdom would indeed expect stocks to slide as a result. READ MORE |