Macro View Daily Insights China trade surplus with the U.S. narrowed. Though distorted by the Chinese New Year, China’s trade surplus narrowed from $29.9 billion in December to $27.3 billion in January. Overall, Chinese exports (+9.1% year over year) rose more than...
Happy Valentine’s Day everyone! With the S&P 500 Index up 9.8% for the year as of yesterday, this is its best start up to this point since 1991. So should investors love to see this much green this early in the year, or should they be leery they might be...
“Bulls make money, bears make money, and pigs get slaughtered.” Old Wall Street saying. The Chinese New Year (often called the Lunar New Year) kicked off Tuesday, February 5, and with it came the Year of the Pig. Although we would never suggest investing based on the...
Macro View Daily Insights Likely border/budget deal, trade deadline extension push S&P 500 above key technical support level. Reports out of Washington yesterday indicated that President Trump plans to sign a border security deal that would pave the way for a...
Germany’s benchmark bund yield is on the cusp of negative territory, a symptom of increased appetite for government debt that could eventually weigh on U.S. rates. The 10-year bund yield, which closed at 0.09% (9 basis points, or bps) February 8, could go negative for...
Macro View Daily Insights Yield curve remains stable, despite declines in 10-year yields. The difference between 10-year and 2-year Treasuries, known as the yield curve, has remained stable since late December with declines in the 2-year yield approximately matching...
