Normally, equity valuations reflect the present value of future cash flows that are primarily a function of current cash flows, growth expectations, and then the...
The distortion in the yield curve is building with tremendous force. There are vast bids for US 90-day T-Bills from around the world and no offers. The shortage in...
While everyone seems to be placing a huge question on whether the Fed will raise rates or not, the markets have already factored in the rate rise for some time....
