King Dollar: higher for eight consecutive weeks The US Dollar Index touched a 15-month low in mid-July (a Key Turn Date across several markets) and…
Victor Adair10 September 2023
Short-term interest rates surged higher this week Two-year Treasury futures traded to a 23-year low, the 5-year hit a 16-year low, and the 10-year closed…
Victor Adair27 August 2023
A quick report this week - my Golf Club Championship demands my participation! Interest rates keep rising The 10-year US Treasury yield hit a 16-year…
Victor Adair19 August 2023
Interest rates keep rising. The 1-year T-Bill yield is at 22-year highs Treasury yields are rising as governments issue more debt to "fund" the difference…
Victor Adair12 August 2023
Stock market sentiment took another step away from "irrational exuberance" this week I wrote in the July 22 TDNotes: I’ve been skeptical of the “Magnificient…
Victor Adair6 August 2023
It was Central Bank Week The FOMC met on Wednesday and raised 25 bps as expected, with markets now pricing a ~30% chance of another…
Victor Adair30 July 2023
A turning point in sizzling tech stocks? On Tuesday, MSFT announced plans to invoice corporations for employees using Microsoft AI. Within an hour; the share…
Victor Adair22 July 2023