SILJ: +33.46%* in 2020 Commodities were one of the only major asset classes that had not participated in the 11-year bull market leading up to 2020. Macro factors like record… Read more »
Tag: Commodity
Will the Coronavirus Make the Fed Sick?
As seen in Bond Buyer. Continued uncertainty regarding the life cycle of the new coronavirus contagion is flattening the yield as a flight to quality is driving down treasury yields. … Read more »
Fed Can’t Fix Repo Market by Printing Money
bondbonAs seen in Bond Buyer. On Tuesday, the New York Fed provided only $30 billion of 14 day financing despite more than $60 billion in demand. The New York Fed… Read more »
Release Excess Reserves to Save Repo
Excess reserves are nearly $1.4 trillion and yet the Fed needed to inject $53 billion to bring overnight repo rates down from a high of 10%. The assumption is that… Read more »
Inflation Isn’t Dead Yet
Core CPI was higher than expected at +0.3% for July and 2.2% year over year. Inflation expectations have taken a nose dive according to the breakeven inflation rate on TIPS… Read more »
Small Cap Silver Miners Continue to Rally
Over the last 2 months since the end of May, precious metals have performed well. The ETFMG Prime Junior Silver ETF (SILJ) has outperformed both commodities Gold (GCQ9) and Silver… Read more »
Collateral for Excess Reserves
As featured in Bond Buyer. The minutes from the June 18-19 Fed meeting show that the Fed is considering allowing banks to use collateral, such as T-Bills for excess reserves…. Read more »
Imagine Libra as an ETF
There is a lot of confusion over Facebook’s proposed electronic currency, Libra, because, well…it is confusing. No one, not even Facebook, is sure of how Libra will take shape. The… Read more »
