Yield Reversals

Yield Reversals

  This week’s featured indicator is based on the concept that reversals in bond yields (interest rates) often call the tune of the stock market. Why? Because bond yields compete with stock dividends for investors’ money. Additionally, interest rates affect the...
Trying to Trend

Trying to Trend

OVERVIEW   The U.S. stock market fell again last week, marking its third consecutive week of losses. The S&P 500 dropped 2.67%, the Dow dipped 2.99%, and the Nasdaq declined 3.33%. Foreign stocks didn’t fare much better, with developed country stocks...
Cheerful CEOs

Cheerful CEOs

  It’s well-known that people like to spend money when they’re happy. Well, as our featured chart this week shows, that’s true for CEOs too. On the bottom half of the chart above, we have the CEO Confidence Index, which measures how optimistic America’s CEOs are...