Markets

Jul 18, 2011 at 20:37

Long-time readers are familiar with the wisdom of Lacy Hunt. He is a regular feature of Outside the Box. He writes a quarterly piece for Hoisington Asset Management in Austin,…

Jul 18, 2011 at 20:17

Does the current market look more like 2004 or 2007? The answer is important because stocks did well from August 2004 to October 2007, but they performed very poorly between…

Jul 18, 2011 at 19:24

The difference in yield between the standard 10-year Treasury Note and the 10-year TIPS (Treasury Inflation Protected Security) is what we call the Expected CPI. The Expected CPI is not…

Jul 18, 2011 at 16:34

Commodities don't all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group. However, that commodity will typically come back to…

Jul 18, 2011 at 15:56

I begin to wonder how much more 'flight to quality premium' there can be in U.S. Treasury bonds. Today Greek 10-year yields rose 59bps to match the old highs around…

Jul 18, 2011 at 14:44

The latter part of this editorial contains comments on resources stocks and metals. Notwithstanding those comments, the current situation in Europe will overwhelm everything else in the market near term…

Jul 18, 2011 at 14:01

It's a very thin reed, but some economists and money managers are clinging to the hope that the developing world, having avoided the disastrous borrowing binge of the US, Europe,…

Jul 18, 2011 at 13:45

Chart 1 shows what is driving the projections of federal spending (and, implicitly, the national debt) in the upcoming 11 fiscal years - mandatory federal outlays and interest on the…

Jul 18, 2011 at 12:55

Back in mid-April, silver was on its way into a parabolic peak while the dollar was plunging into a low. At the time I was anticipating a hard correction for…

Jul 18, 2011 at 12:37

The debt ceiling debate is providing plenty of opportunity for political theater in Washington. Proponents of raising the debt ceiling are throwing around the usual scare tactics and misinformation in…