Featured Articles

BOJ QE a Joke

Tim McPartland | October 31, 2014
Now the Bank of Japan announces a giant QE bond buying program-----for what?  The 10 year bond trades under 1/2% in Japan and the 2 year note is at 11 basis points.  QE is going to stimulate the econony?  NOT.  You don't need too much consumption of goods and services when your average age is 44-45 years (the only 'older'…

The Treasury Market Fails a Stress Test

Tim McPartland | October 30, 2014

Wrapping Up a Successful Month

Tim McPartland | October 30, 2014
A strong GDP release today sent stocks skyrocketing higher--good news is good news this week.  The strong growth was yawned at by the interest rate complex--a weird reaction. It appears that commodities and interest rates are taking their cue from the lousy global economy while the stock market believes that the U.S. can continue to operate in a vacuum--and who…
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