Manufacturing Goes Bipolar but Yellen is Feeling Good

Manufacturing Goes Bipolar but Yellen is Feeling Good

The recent US manufacturing data has gone biopolar while over in Europe and even Japan, manufacturing is more solidly strenghtening. Then there is Fed Chair Janet Yellen’s recent assurances… this week is shaping up to be full of entertainment outside of yesterday’s fireworks! ISM Manufacturing data for June indicated solid growth in most areas but was also […]

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Falling Bond Yields

Falling Bond Yields

With all the talk about sovereign debt  problems, from the PIIGS+ (Portugal, Ireland, Italy, Greece, Spain, and now Belgium) to the U.S. unsustainable debt trends, one would imagine that the cost of debt would show some of this concern.  But we’ve recently seen yields drop significantly. Why the decline?  There has been a sharp drop […]

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