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

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