Top

Tag Archives | Financials

Chart-595

BONDS: Rally then a Break or Just a Big Break

Overnight Treasuries spiked downward well ahead of the BOJ policy decision which might suggest that the trade was moving to factor in a US hike. However, Treasuries recovered probably in the wake of the BOJ news and more likely because the OECD came in and cut its growth forecasts and that would seem to notch […]

Continue Reading
Chart-595

Stocks Choppy As Payroll Impact Sets the Tone for September

Like Bonds, US stocks have continued to forge a pattern of lower highs. Economic uncertainty remains in place because of looming US payrolls but more specifically because of the uncertainty and anti-business track of the EU. Talk that Apple will repatriate significant capital in 2017 might be joined by other companies pulling back money especially […]

Continue Reading
Chart-595

Today Could be a Watershed Moment; Better Growth or No Growth?

Overnight economic news propagated global economic slowing fears even if global equities were generally showing up-beat action. We think that stocks are expecting a Goldilocks result from payrolls which would mean that the economy is either “not as weak as feared” or it is “growing but not at an overly discernible rate”. Therefore Treasuries might […]

Continue Reading
Chart-595

Bond Trend Remains Up Despite Favorable Global Equity Action

Global equities were mixed overnight with the majority of markets trading higher overnight and surprisingly that action wasn’t overly negative toward US Treasuries. In fact concerns toward ABENOMICS were knocked down overnight following Japanese election results that gave the ruling coalition a landslide victory. Furthermore calls for the UK to cut interest rates were seen […]

Continue Reading
Chart-595

Bond Bulls Have Control but Momentum is Quickly Waning

In retrospect Treasuries have held ground impressively over the last several trading sessions especially when one acknowledges the downshift in overall market anxiety that has been brought on by the recovery in global equity markets. However, the ability to hold near the recent highs in the face of a tremendously overbought technical condition also suggests […]

Continue Reading

The Hightower Report
141 W. Jackson
Suite 4002
Chicago, IL 60604
Phone: 312-786-4450 | 800-662-9346
Fax: 312-786-4451