Market Notebook, July 5th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> During the last week, the bond complex generally consolidated or ticked higher. Global equities also gained on positive economic data.Equities appear overpriced given the overall economic situation. The U.S. is making...

Market Notebook, June 28th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> The bond complex ticked higher while global equities struggled during the last week.COVID-19 concerns were front and center. Equity markets struggled on a slow drip of negative news. Negative price action appeared to...

Market Notebook, June 21st, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> The bond complex ticked higher while global equities generally consolidated or ticked slightly higher during volatile trading over the last week.Concern is building over what appears to be a relatively sharp increase...

Market Notebook, June 14th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> The bond complex nudged higher while global equities suffered a setback during the last week.The recent period in the markets could be called, “The Rise of the Retail Investor”. Price action in the markets...

Market Notebook, June 7th, 2020

 <CLICK TO READ THIS WEEK’S NOTEBOOK> Global equities surged higher last week while the bond complex largely consolidated or ticked a bit lower. It appears that equity prices are disconnected from economic fundamentals. It is true that business conditions...