This morning’s December Jobs Report cemented the fact that 2014 was the year that Fed policy finally had a positive effect on Main Street, not just Wall Street. Yeah there are some things to pick on, like participation rate …
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Since last week’s stronger than expected June non-farm payrolls, which coincided with the lowest unemployment reading (6.1%) since Sept 2008, bonds have, in a fairly counter-intuitive manner, rallied. Measured by the iShares 20 yr Treasury etf (TLT), Treasuries are …
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Its hard to find a larger beneficiary of the rotation year to date out of high valuation growth stocks into low growth large cap “defensive” issues like Caterpillar (CAT). Prior to today’s 4% decline, the stock …
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MorningWord 11/14/13: Longtime readers know that we take pride in our efforts to leg into directional options trades (some would say it is our special sauce), as was the case with CSCO over the last …
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