Fund Manager Nightmare Biden Without Blue Wave Congress
There are strings attached: His victory needs to be accompanied by a “blue wave” that sweeps Democrats into the majority of both the Senate and House.
There are strings attached: His victory needs to be accompanied by a “blue wave” that sweeps Democrats into the majority of both the Senate and House.
The investment strategist highlights that in the long term, the market reverts back to its normal course and remains largely unaffected by elections.
According to head strategist Scott Minerd, political chaos will ultimately create a buying opportunity but this is no place for investors to relax.
If these options traders are right, Treasuries could face a sharp reversal. Leveraged investors have never had a bigger bet on losses in bond futures.
Rock-bottom yields are making it harder than ever for pensions, endowments and other money managers to hit the targets they need to meet their goals.
Poor Western pundits have gone “tech blind,” the high-profile advisor proclaims. Big tech stocks are all they see in America, China and beyond.
The Fed's interventions in the Treasury market ensure that real yields are not only negative but unattractive as income instruments even on a coupon rate basis. There's little risk of losing your principal with the Fed poised to redeem your paper, but that's only peripheral comfort when your clients need the income.