FLGV News and Press, Franklin Liberty U.S. Treasury Bond From 05/23/21

Bitcoin has had two bear markets since mid-April. There was a 27% decline followed by a 27% rally, followed by last week’s rout. From its intraday peak in April to its intraday low last week, bitcoin fell over 53%. Is that the end of the sell-off? Doubts about the post-virus bo...

As most financial asset returns continue their relentless march higher in 2021, amid new waves of fiscal and monetary stimulus, investors are increasingly being forced to confront the growing tension between their wants (assets purchased with a margin of safety) and their needs (income). ...

One of the main questions that will determine the near-term direction in financial markets, and in rates in particular, is whether the current spike in inflation heralds a period of faster activity and price growth, or whether it will bring the demise of the current recovery. The most...

Where are the opportunities/risks for investors in inflationary market? The big question on inflation: permanent or transitory? Investment strategy in an inflationary environment. For further details see: Is Inflation Here To Stay? What It Could Mean For Markets And Your...

The technicalities from the FOMC minutes were more important than the taper reference. This Fed can take more control of the front end if they wish to. We think they will, and they should. Big players have a big stake, and rightly so. For further details see: Rates Spark...

Given that Q1 2021 was the most solidly reflationary since the recession and GFC2, we find the same across most of its headline data. From UST buying overall to bank liabilities expanding the most in several years, that had been the overall theme for the three months of TIC up to and ...

Eurozone market rates continue to creep higher, with the German 10yr about to count down to zero. The fact that this is happening as US market rates remain in a deep Fed-induced trance is not a bad thing. Rather it suggests if, or likely when, US market rates awake from their slum...

Last week’s inflation numbers apparently caught the Federal Reserve by surprise. Fortunately, the U.S. economy is booming. According to the Atlanta Fed, it is now growing at a 10.5% annual pace, despite last Friday’s flat retail sales report. Over 90% of the stocks i...

We see the recent inflation spike as temporary due to unique restart forces, but see inflation on the rise in the medium term. Both views keep us pro-risk. U.S. April inflation was much higher than expected. We have expected noisy inflation data over coming months amid unusual supply/...

A new paradigm that has been created by the central banks, where lenders are paying many governments for the privilege of lending them money, as negative interest rates have taken hold and remain right up until this day. The Fed has not adopted the negative yield interest plan. Howeve...