Romano

Of course, the jobless claims were released, proving that the US economy is having a hard time. The labor market is still weak based on the stagnant data we have seen over the last few months. The situation between equity prices and bond yields has been under pressure since the

Mortgage application data indicates fewer people are applying for mortgages, even though "mortgage rates" have fallen recently. That should serve as a warning to the Federal Reserve that its program of lowering interest rates to stimulate the economy may not work as well as it has in the

The relief was felt yesterday because the market had been becoming increasingly overbought in the past few weeks. The rise in the S&P futures despite the rise in US 10yr rates suggests that the market is becoming overbought. That is because rising rates typically indicate a tightening of

The lower-than-expected inflation rate reported yesterday boosted asset prices across the board, with huge gains seen in sectors underperforming in recent weeks. In the financial markets, a lower-than-expected inflation rate often leads to a rally in asset prices. That is because investors feel that lower inflation will lead to higher