Market Commentary Blog Posts

As interest rates are going up, the question many investors are asking is, "How much will my bond holdings, or my bond-oriented mutual fund, depreciate?" As a general rule, for every 1% increase in interest rates, a bond will depreciate its duration...Read more

For some time, I have warned about the geopolitical risks coming out of Russia, and, unfortunately, my warnings had considerable merit. Here are a couple of posts I have written on the subject: Russia and the Election Russia takes big steps in...Read more

Goldman Sachs (GS) beat earnings expectations this morning by a wide margin. The credit is being given to their trading desks as their Investment Banking revenue dropped over 30%. An article appearing on CNBC.com states: Goldman Sachs had been one...Read more

According to the Russian propagandist site, RT.com, Russia is set to require payments for oil in Rubles from any country that participated in sanctions against them. Further, it is reported that Russia and India have agreed to conduct transactions...Read more

60/40 investment strategies, and the funds that deploy them, have a specific job: Mitigate risk when equities decline. That is their sole purpose and that is how they have been touted for well over a decade. The financial services industry loves to...Read more

Disclosure: We currently own DBA, WEAT and various wheat futures contracts (ZW and YW) in many of our client accounts. Wheat prices exploded higher today as the conflict in Ukraine continues to rage on. A few people have asked me how to invest in...Read more

Today, Bitcoin traded below its Mendoza line, hitting a 50% decline from its all-time high. Assuming a fixed number of units, which isn't the actual case, more money has been lost by owners of bitcoin than has been made. Given the number of units...Read more

To paraphrase Ronald Reagan, "The FED is not the solution to inflation, the FED creates inflation." And inflation is hotter than it has been in a generation. The CPI came in at 6.8% in November, the hottest reading since 1982. For months, the FED...Read more