Bryan Perry
Seeking Extreme Income in a Rising Rate Market
As far as the Fed is concerned, interest rates will be higher for considerably longer than both the stock and bond markets were banking on. The policy statement accompanying the rate decision laid out a path where the Fed is not expecting to reduce rates in 2024, essentially modifying in a negative manner the policy […]
Mountains of Debt Need to Be Addressed
Not much has changed in the past month to convince the markets that the Fed is completely done with the business of raising rates. This past week’s inflation and retail sales data, chip-sector theatrics and a host of industry conferences did little to change that. In fact, all it did was to raise the level […]
Stocks are Set Up for a Quarter’s End Window-Dressing Rally
These past five weeks have been characterized as a normal period of consolidation following a strong reversal of the narrative during the last week of August. The softer economic data fueling the bullish pivot has essentially taken the chance of a Fed interest rate hike at the September Federal Open Market Committee (FOMC) meeting off […]
The Time To Think About Buying Bonds Is Now
Bullish investors were rewarded last week with a winning streak of economic data points coupled with a move higher for the majority of equities and bond prices. One could sense a huge sense of relief in how the data crossed the tape one good news report after another that fed the narrative of a definite […]
Big Week for Economic Data to Prove a Fed Pause is the Right Move
Following Fed Chair Powell’s speech at Jackson Hole, stocks initially traded off and were able to grind out a positive close to finish the week, with the S&P and Nasdaq posting gains while the Dow ended fractionally lower. Powell’s closing comment that “As is often the case, we are navigating by the stars under cloudy […]
Deflation in China: a Real and Growing Problem
Back in 1989, Japan was in focus and the target of a high level of criticism, as wealthy Japanese investment pools, corporations and individuals were buying up American trophy properties at sky high-prices, including the Rockefeller Center in Manhattan, the Westin Hotel chain and the Pebble Beach golf resort. Mitsubishi Estate Co. paid the Rockefeller […]