ITE News and Press, SPDR Bloomberg Barclays Intermediate Term Treasury From 09/13/19

One of the most remarkable features of our current economy is that interest rates are flat or negative in real terms, and many people are advocating they need to, or should, go lower. This is not completely unprecedented. Real rates were negative after the second World War and again in the 197...

The BCI at 257.1is up from last week's downward revised 256.6, and remains below the previous high of this business cycle indicated by the BCIp of 91.9. However, the 6-month smoothed annualized growth BCIg at 10.2 is below last week’s downward revised 10.4. Both BCIp and BCIg are not si...

Russ describes the reasons why growth stocks can still outperform value. People will always prize what is scarce. Given an increasingly erratic trade dispute, low-to-negative interest rates and softening economic growth, investors are justifiably putting a premium on hedges, yield and earn...

By Blu Putnam At a Glance Core inflation in the United States has been stuck in a narrow range for 25 years. With changing demographics and more price transparency, the Federal Reserve has less impact on the inflation rate than in past eras. Inflation is subdued, and there is not...

Originally published on August 30, 2019 By Scott Bauer At a Glance China-U.S. Trade War, Hong Kong unrest and Fed policy have been tailwinds for the yellow metal. 10-year yields below 1.5 percent and the dollar decline versus the yen are also bullish signs for gold. Why does ...

Even though the stock market initially stumbled last week, like any good bull market, every dip is seen as a good buying opportunity. Both the S&P 500 and Nasdaq gained 1.8% last week. When the market was volatile, I was online with an explanation why. Here are links to my Tuesday and T...

Editor's note: Originally published at tsi-blog.com on September 10, 2019. [This blog post is an excerpt from a commentary published at TSI on 1st September 2019.] It’s well known that the US$ gold price often trends in the opposite direction to the US real interest rate. This...

By Francis A. Scotland President Trump has waged war on the Federal Reserve (Fed) for over a year. Salvos of tweet-bombs laced with criticism and ridicule have been launched at the central bank. Trump's main point has been that the Fed is too hawkish and the dollar too strong. Absorbed by Tr...

I think this market has been providing many investors with whipsaw and headaches, which has also caused much head scratching. (And, yes, that little itch may be telling you something). Back in November of 2018, no one even considered the possibility of a bond rally because the Fed was raisin...

Germany has recently joined Switzerland in the dubious All Negative Club. The interest rate on every government bond, from short to 30 years, is now negative. Many would say "congratulations," in the belief that this proves their credit risk is... well... umm... negative(?) And anyway, it will...