1. Possibly the Biggest Data Point from FED Meeting….Projecting U.S. Growth to Stay Around 2%.
Daily Top Ten – September 22, 2016
Category Archives: Daily Top Ten
Daily Top Ten – September 21, 2016
1. Does the Fed Need to Raise Rates?
Rates already rising, even though U.S. economic data is tepid.
Indeed, LIBOR rates continue grinding higher and the TED Spread has widened sharply…3 month Libor up 145% off low base.
Daily Top Ten – September 20, 2016
1.Emerging Markets ETF Rallies Right to 200day.
EEM Stopped at 200day …Red Line on Weekly Chart.
Daily Top Ten – September 16, 2016
1. 26% Move Up in 10yr. Treasury Yield….33bps. Move is Less Than One-Quarter of the 138bps. Move During Taper Tantrum (May 2013).
TNX-10yr. Yield Chart.
Daily Top Ten – September 15, 2016
1.High Yield Bonds–HYG has seen $1B in Outflows in the last week (Bloomberg), and has closed under the 50dma.
Daily Top Ten – September 14, 2016
The outlook for consumer spending is significantly supported by the increase in home prices seen over the past three years, see chart below.
