No worries for markets over Christmas holidays

The all-important 10-year T-note at 1.92 percent today is flirting with the highs since the big drop in early August and has risen steadily since the September low. However, with the Fed on hold, we have little risk of the kind of big run upward that w… Continue reading

The Fed signals that interest rates won’t change through 2020. Really?

Normal Decembers are often void of substantial news, and markets stay steady. This December is packed with news, but markets remain unperturbed. That begs the question — what really matters? Continue reading

Good news from bonds and mortgages? Read and smile

Just like the ’62 Mets, everywhere columnist Lou Barnes looks in our economy today, global as well as U.S., he sees that the team is terrific, focused and productive, but the top leadership — irrespective of party or philosophy — can’t field, hit or pi… Continue reading

Washington’s political drama obscures potential new rate drops

The forecast for interest rates is still low, reinforced by new information from the Federal Reserve. Continue reading

Central banks scramble to ward off fears of a recession

Every thought in President Trump’s tweets is mistaken, which markets and businesses understand. They also understand that these tweets have no effect on Fed decisions. However, the erroneous content is worrisome because he does directly control trade a… Continue reading