Euroland labor costs
Late 2019 Equity Rally Extended
December 16, 2019
Last week’s apparent Phase I trade agreement between the United States and China continued to fuel a rally in global stocks this Monday. Share prices are up 2.6% in the U.K., 1.4% in France, and 1.0% in Germany, and markets close up 1.6% in Australia and 0.6% in China. The Hong Kong and Japan markets […] More
Further Rise in Treasury Yields
March 15, 2012
The 10-year Treasury yield has climbed to 2.30% from 2.27% at yesterday’s close and 1.99% a week ago. Money is stampeding out of fixed income securities, but equities also took a step backwards. Doubt is mounting that the Fed will refrain from raising interest rates until late 2014. Scheduled U.S. data today include the Philly […] More
