TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 12/18/19

By Kristina Hooper, Chief Global Market Strategist Weekly Market Compass: The UK election and US-China trade deal promise to provide more clarity for businesses next year Two developments last week suggest that we have entered a period of improved economic policy certainty. Both th...

Investors Bail on Stock Market Rally, Fleeing Funds at Record Pace In what may be the best year for stocks since 2013, investors have exited in droves . The SP500 Value Investor Index has been updated and extended to 2024. Currently, the SP500 is priced at a 31% premium to the Value Inv...

By Robert Eisenbeis, Ph.D. "Boring" was how commentators on at least one network characterized the FOMC's December 11 th decision to hold rates constant. It was, in fact, a no-brainer decision given the strong labor market, which created 266 thousand jobs in November; strong consumer spen...

Editor's note: Originally published at tsi-blog.com on December 16, 2019. Like old soldiers, old beliefs never die. In the financial world, one of the many old beliefs that clings to life despite a pile of conflicting evidence is the one about gold being primarily a hedge against, or a p...

On Wednesday, the Federal Reserve paused its interest rate reduction campaign while again going with the " nothing to see here " routine. Although fortunately Michael Pento of Pento Portfolio Strategies was kind enough to join me on the show to reveal what the Fed left unsaid. He talked ab...

Keith Bradsher writes in the New York Times a conclusion to the China/United States trade deal that I had been concerned about. "President Trump's initial retreat from his trade-war threats has handed hard-liners in China a victory. A longer, pricklier trade war and stiff Chinese resistan...

Market & Portfolio Positioning Review "The 'Trade War' Is Dead… Long Live The 'Trade War.'" On Friday, "Phase One" of the "Trade Deal" was agreed to, with the Trump Administration originally stating that "Phase Two" would not begin until after the 2020 election. The...

Inflation remains in a holding pattern - about 2.3% core inflation, which consists of 3.3% shelter inflation and 1.6% non-shelter core inflation. The yield curve is, similarly, in a holding pattern. How this plays out will depend on unanticipated real shocks over time and the future bias of ...

Originally published on December 10, 2019 Ever since the secured overnight repo rate ((SOFR)) spiked to 10% in September, there have been dire warnings that these exceptional movements show the financial system is fundamentally broken. The story goes that the post-crisis financial system i...

On Wednesday, the Fed decided to keep its Fed Funds target range unchanged at 1.5%-1.75% as expected following three cuts this year and reiterated its plan to do whatever it takes to keep the short-term lending market stable as we are approaching year-end. It will continue to purchase $60bn of...