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Footnotes & Flashback: Credit Markets 1-13-25
Despite all the pyrotechnics in equities and the UST last week, credit spreads provided a snoozer.
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Glenn Reynolds, CFA
Footnotes & Flashbacks: State of Yields 1-12-25
The problem with inheriting a very good economy is the UST curve will keep reminding you of that fact as UST supply and costs soar.
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Glenn Reynolds, CFA
Footnotes & Flashbacks: Asset Returns 1-12-25
It is early in the game as the market gears up for Day 1, less talk, more walk, more specifics and maybe more facts.
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Glenn Reynolds, CFA
Mini Market Lookback: Sloppy Start
As good payroll news roiled the UST markets, we now await our next round of annexation plans.
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Glenn Reynolds, CFA
Payroll Dec 2024: Back to Good is Bad?
A strong set of jobs numbers roils UST handicapping and will set off a fresh rain dance on FOMC expectations.
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Glenn Reynolds, CFA
US-Canada: Tariffs Now More than a Negotiating Tactic
Worries on the tariff plan and poisoning the relationship with Canada is crossing a line into aggression and threats against NATO allies.
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Glenn Reynolds, CFA
Payroll % Additions: Carter vs. Trump vs. Biden…just for fun
We compare annual job additions across the Carter, Trump and Biden administrations.
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Glenn Reynolds, CFA
JOLTS: A Strong Handoff
We look at Nov 2024 JOLTS numbers with the Dec payroll update teed up for Friday.
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Glenn Reynolds, CFA
Annual GDP Growth: Jimmy Carter v. Trump v. Biden…just for fun
With Carter on his next journey, we look at a major economic fact on GDP growth history as unfashionable as facts may be in DC these days.
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Glenn Reynolds, CFA
Footnotes & Flashbacks: State of Yields 1-3-25
The UST moves start the year quietly as the market gets fresh payrolls this week before the “Day 1” actions on tariffs later this month.
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Glenn Reynolds, CFA
Mini Market Lookback: Mixed Start, Deep Breaths
The market is gearing up for an important earnings and guidance season but also a sense of tariffs and trade plans on Day 1.
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Glenn Reynolds, CFA
Footnotes & Flashbacks: Credit Markets 2024
We wrap a favorable year in credit as it faces a serious test ahead after 2024 had more in common with past credit cycle peaks.
 • 
Glenn Reynolds, CFA
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