Stocks Are Ignoring The Warning Signs From Credit And Liquidity
If financial conditions are set to tighten due to fading liquidity and widening spreads, then risk assets should take notice.
Employment In The Context Of Business Cycle Indicators
Civilian employment is below recent peak. All in all, these numbers are consistent with a cooling labor market.
Using MACD To Manage Portfolio Risk
The market faces a tug-of-war. Historically, lower interest rates support higher equity valuations by reducing discount rates and improving liquidity.
More Volatility Is On The Way
An eventful four day week is putting it mildly.
