Slowing Growth

Looking Back at August August was a volatile month with the stock market dropping almost 3% on August 14, 2019 when the yield curve inverted for the first time since 2007. The yield curve inversion means that the interest rate on the US two-year bond is higher than the interest rate on the 10-year bond.…

Looking at the Yield Curve

Looking Back at March Thinking that the United States and China might be close to a trade deal caused the market to be relatively quiet in March – until the last week when the yield curve inverted.  Essentially this means shorter term interest rates became higher than longer term rate.  This yield curve inversion caused…

Terminology: Yield Curve

A yield curve is a graph that plots interest rates at a certain point in time for different length bonds (of equal credit quality).  The most common yield curve compares the 3-month, 2-year, 10-year and 30-year US Treasury debt.  The rates serve as a guide for other rates, such as mortgage rates or bank lending…

A Tale of Two Worlds

Looking Back at June The U.S. economic data for June 2018 was very strong. While it should indicate a strong upward market movement, trade and tariff policies currently in play have slowed the rise of the market. Investors are caught between a strong economy and uncertain trade policies. As new policies were addressed, the market…