The Fed is likely done raising rates in 2023 Markets were focused on US employment data during the last week of summer, and after the…

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…

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…

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…

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…

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…

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…

Weaker-than-expected CPI ignited a risk-on surge across currency, credit and equity markets "A man hears what he wants to hear and disregards the rest." Paul…