From Invesco: Financial markets have reacted strongly to the election of US President Donald Trump. While equities in the US and elsewhere have risen strongly (reflecting expectations of stronger growth and therefore improved corporate earnings), bond prices have fallen (reflecting higher yields, in turn a result of higher inflation expectations).
From BlackRock: The Federal Reserve has engineered a turnaround in March hike expectations, but Richard explains why we do not see gradually rising rates derailing reflation for now.
From Nilus Mattive: If you’re like most investors, inflation is probably not the biggest — or even the fifth-biggest — worry on your list at the moment.
From Tyler Durden: US real yields have collapsed since shortly after The Fed hiked rates, with today’s decline erasing the entire post-election Trumpflation surge in TIPS yields.
From BlackRock: We believe now is a good time to ready bond portfolios for global reflation. Richard Turnill explains, with the help of this week’s chart.
From Eric Bush: It is somewhat hard to believe, but oil prices are up nearly 90% over the past year. The past two times oil prices have increased this much year-over-year, US 10-year bonds rallied quite significantly.
From Tyler Durden: The debate over what yield on the 10Y spells the end of the 30 year bond bull market, and would spillover into selling among other asset classes, is heating up.
From BlackRock: Building a portfolio can be a daunting task, especially at an economic and political turning point like now. Here are three things that investors can consider doing to start the new year.
From Jeff D. Opdyke: What a quandary we’re in. Stocks have reached stupid valuations. It’s like Wall Street has, en masse, joined the ghost of Jim Jones down in Guyana for the Jonestown Kool-Aid Reunion — and that’s gonna end badly for anyone who buys into the idea that egregiously overvalued stocks can march higher […]
From Jeffrey Rosenberg: The economic outlook for 2017 may rest in large part on the global yield curve. Jeff Rosenberg explains what it means, and why it matters.
BlackRock’s Russ Koesterich discusses four reasons why the rebound in inflation is likely to continue.
From Taki Tsaklanos: Investors are constantly on the outlook for leading indicators. Such a leading indicator carries a predictive value for other markets.
BlackRock’s Matthew Tucker explains why investors should look at Treasury Inflation Protected Securities (TIPS) and TIPS ETFs now, and what the differences are between the two.
From Larry Edelson: Will President-elect Donald Trump deliver on his campaign promises to dig in with an anti-globalization stance and potentially start one or more trade wars?
BlackRock’s Chief Investment Strategist for Fixed Income Jeff Rosenberg talks about why investors should consider using TIPS in place of Treasuries in fixed income portfolios.