MBG News and Press, SPDR Bloomberg Barclays Mortgage Backed Bond From 02/19/19

In this exclusive clip from Hedgeye’s inaugural Mega Market Trends webcast, Hedgeye CEO Keith McCullough answers a viewer question on how inflation expectations factor into our investing decisions. McCullough laments that inflation is one of the most underappreciated factors in fore...

Corporate bond spreads are an important measure of risk, liquidity and general economic/market conditions. Corporate bond spreads or credit spreads represent the yield above an equal maturity Treasury bond or risk-free rate. For example, if a 10-year Treasury bond is yielding 3% and a...

Believe it or not, officials at the Federal Reserve are discussing how the Federal Reserve should operate its monetary policy in “normal” times. As explained by Nick Timiraos in the New York Times , “Federal Reserve officials are zeroing in on a strategy to end the wind...

If you are a regular reader of mine, you know that I am a strident critic of monetary policy in our country and that I have been immensely skeptical of our Federal Reserve for (in my opinion) being beholden to daily moves in the stock market to help it set what is supposed to be longer-term mo...

For a long time now, I have argued that one of the major factors impacting U.S. financial markets as well as world financial markets is the liquidity that exists with the global system. This abundant liquidity has come about due to the way that central banks throughout the world, but espec...

When investors’ nerves are wound tight, it doesn’t take much to set off an emotional reaction which can lead to a major short-covering episode. We got a small taste of that after the 1% pullback in the S&P 500 Index (SPY) on Thursday, as the long frustrated bears were heard g...

As the stock market stabilizes from the devastating fourth quarter of 2018, investors must be wary of brokers pitching “risk off” trades. First, let’s define “risk-on risk-off.” It refers to changes in investment activity in response to global economic patt...

Total vehicle sales is one of many classic leading economic indicators of the business cycle. Vehicle sales historically peak preceding recessionary periods due to the relatively large sticker price of the good in the consumer basket, the sensitivity to interest rates, and the economic c...

By Senior Portfolio Manager Jeff Brothers The bond markets are off to a roaring start for the year with the fixed income sectors recovering much of the underperformance from the devastating fourth quarter selloff. As we begin 2019, we wanted to focus this week’s podcast on the recen...

Yesterday, I asked the question, “ Which is Right? The Bond Market or the Stock Market? .” Prices in both markets had been rising over the past month, or two, or three. This is not the usual situation, so it was natural to raise the question about which market is right about ...