Since February 2020, China has been leading the way in the recovery from COVID-19 and economic re-opening. New confirmed cases of COVID-19 in Mainland China have been near zero since the beginning of February. [i]
China has achieved a post-pandemic recovery in most… More >>
The recent high-level talks in Alaska between Secretary of State Anthony Blinken, National Security Advisor Jake Sullivan, and their Chinese counterparts are being viewed as a continuation of the Trump-era rhetoric. Certainly, from the public statements, it would appear to… More >>
The odds of seeing a triple play in baseball are something like 1 in 325. It’s an incredibly rare event—on par with passing important legislation in Congress. [i]
It is remarkable the U.S. has completed what I consider the unlikely economic triple play: passing… More >>
In an effort to put a label on what is going on with credit markets, U.S. investors are in a quandary. The yield curve has steepened over the last 45 days. [i]
The U.S. 7-year Treasury auction had an anemic showing on February 25th, with only 2 buyers for every dollar… More >>
There is an inflection point, of sorts, occurring in U.S. capital markets these days. It is abundantly clear that investors are facing a choice with respect to interest rates and equity returns. We anticipated much of this when we published our Q1 2021 Look Ahead.
A… More >>