ITE News and Press, SPDR Bloomberg Barclays Intermediate Term Treasury From 08/22/19

As talk of a new recession grows louder, everyone is watching some favorite indicator. The yield curve, claims for unemployment, the quits rate - you name it. What surprises me is how few people are watching an underappreciated indicator from the New York Fed that uses more than just price dat...

Danielle DiMartino Booth does not hold the US Federal Reserve in high regard. At the 2019 CFA Institute Seminar for Global Investors , the Quill Intelligence CEO and chief strategist called the central bank one of the most unproductive institutions on the planet. DiMartino Booth's perspecti...

The purpose of the consumer price index ((CPI)) is to reflect just how much inflation is eating into both our incomes and our savings. Consumer inflation has been estimated since the 1700s by measuring price changes in a fixed-weight basket of goods. This method was seen as a way of measuring ...

"The Road to Hell is Paved with Good Intentions." - Saint Bernard of Clairvaux (1090-1153) There is no question really that we are slipping further and further down the rabbit hole. The amount of negative yielding bonds was $12.2 trillion in 2016. A few weeks ago we had $13 trillion of the...

By Kevin Flanagan When I was thinking of a title for this blog, I thought I could either go for an oldie but goodie or evoke a wilder tone with "going off the rails on a crazy train." Alas, I was never a big Ozzy fan, so you got the oldie but goodie! Last week - the last two, actually - ar...

Recent developments in the stock markets have seen a marked increase in volatility. At the same time the yield curve has clearly inverted. To make matters worse the Treasury will have to find more than $ 1 trillion to finance the current government deficit. This will result in a shortage of li...

By Ashwin Alankar The U.S. inflation rate has remained stubbornly low. Still, Ashwin Alankar, Head of Global Asset Allocation, says a combination of factors is helping set the stage for a potential inflationary shock. As concerns rise about a global economic slowdown, investors may be ...

Given the recent volatility, investors may be wary of tech. Not so fast, Russ explains. Despite an abrupt and punishing market swoon that disproportionately punished more volatile sectors, technology is holding its own. During the past month, the sector has outperformed by roughly 100 basi...

By Kristina Hooper, Chief Global Market Strategist Weekly Market Compass: These metrics can provide a bigger picture of the US economy, but tariffs remain the 'wild card' Last week, the US Treasury yield curve, specifically the spread between the 10-year US Treasury rate and th...

By Jeffrey Kleintop Putting an end to any hopes for a return to "normal" interest rates, central banks are increasingly cutting interest rates this year, as you can see in the chart below. Central banks increasingly shift to cutting interest rates *August 2019 data only through 19th ...