We certainly hope not. And it’s possible equities already discounted the impact of what is likely to be a lack of explicit QE2 commitment by Mr. Bernanke today at Jackson Hole. The further challenge facing traders and portfolio managers is Read more…

In spite of the degree to which the shenanigans in Washington DC regarding the fiscal situation and US government debt ceiling are perceived to be critical for the government bond markets and equities, the most important recent development is the Read more…

And there is not much of a surprise in that, due to two key factors that are either in flux, or will likely remain negative overall regardless of the immediate US Debt Ceiling Crisis being addressed. The first is the Read more…