Posts filed under “Fixed Income/Interest Rates”

Hey, Janet (with apologies to the Beatles)

With August upon us and many readers likely at the beach, here is some levity from one side of the vocal debate on the future of Fed policy. Please hum the melody of Hey Jude as you read the lyrics. With thanks and credit to the Beatles.

 

“Hey Janet”

Hey Janet, don’t make it bad
Take easy money and make it less so
Remember the last time rates stayed too low for too long
Then you can start to make it better

Hey Janet, don’t be afraid
The bed is made but please don’t wait
The minute that you raise rates will hurt but
Then you begin to make it better

And anytime you feel the pain, hey Janet, don’t refrain
Don’t carry the world upon your shoulders
For well you know that it’s a fool who plays it cool
By making his/her world a little colder
Nah nah nah nah nah nah nah nah nah

Hey Janet, don’t let me down
Lower unemployment and higher inflation are here
Remember the last time rates stayed too low for too long
Then you can start to make it better

So let it out and let it in, hey Janet, begin
You’re waiting for someone to perform with
And don’t you know that it’s just you? Hey Janet, you’ll do
The movement you need is on your shoulder
Nah nah nah nah nah nah nah nah nah

Hey Janet, don’t make it bad
Take easy money and make it less so
Remember the past voracious demand for yield
Then you’ll begin to make it BETTER, BETTER, BETTER, BETTER, BETTER, BETTER…
OHHHHHHHHHHHH!
NAH, NAH, NAH, NAH, NAH, NAH, NAH, NAH, NAH, Hey Janet

 

 

Peter Boockvar
Managing Director
Chief Market Analyst
The Lindsey Group LLC
Direct: 973-251-2063
www.thelindseygroup.com

Category: Federal Reserve, Fixed Income/Interest Rates, Humor, Music

Source: Societe General, BlackRock

Category: Fixed Income/Interest Rates, Markets

QE Auctions of Treasury Bonds

Category: Bailouts, Federal Reserve, Fixed Income/Interest Rates, Think Tank

Rising Rates Unliklely to Kill This Bull Market

One of the oldest rules on Wall Street is, don’t fight the Fed. When the Federal Reserve is cutting rates, you want to be long equities, and when it is tightening, get out of the way. This has been a cause for concern since the Fed began talking of tapering its program of quantitative easing…Read More

Category: Federal Reserve, Fixed Income/Interest Rates, Investing, Markets

QE: When and How Should the Fed Exit?

Category: Federal Reserve, Fixed Income/Interest Rates, Think Tank

Tapering Is Now Tightening

Tapering Is Now Tightening David R. Kotok July 19, 2014     For a long time, as we saw it, tapering and the threat of tapering (as in last year’s taper tantrum) did not constitute tightening. Today we explore why we believe the situation has now changed. In order to understand why tapering was not…Read More

Category: Bailouts, Credit, Federal Reserve, Fixed Income/Interest Rates, Think Tank

Jeff Gundlach: Full Podcast, Now Online

This past weekend was the inaugural show of Masters in Business. Its a new Bloomberg radio show (read how it came about here).

The first show was an interview with Jeff Gundlach, who has become one of the bond market’s most influential and savvy investors. His firm, Double Line Capital, manages about $50 billion.

Over the weekend, the stream of the one hour radio show was posted to Soundcloud.

The full & uncut Interview with Jeff Gundlach is now available. Its  about double the length of the radio show. It includes:

• Short intro/explanation of what the show is;

• Full one hour radio interview (Its commercial-free and clocks in at 36 minutes)

• Full half hour podcast.

All told, its over an hour (1:09) of great Gundlachian content. I am very pleased with how this came out!

You can download the entire thing here (click, then scroll down, then right click “Download this link”).

Play full Radio + Podcast here:

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Category: Fixed Income/Interest Rates, Podcast, Web/Tech

S&P 500 Rate-Sensitive Industries

Source: BofA Merrill Lynch   Really interesting chart that shows how the reaction to rate increases are highly variable by industries.

Category: Fixed Income/Interest Rates, Investing, Markets

Rising Interest Rate Risk at US Banks

Rising Interest Rate Risk at US Banks William Bednar and Mahmoud Elamin Average interest rate risk in the banking system has been increasing since the end of the financial crisis and is almost back to its pre-recession level. But the increase has not occurred uniformly at large and small banks. At big banks, risk, while…Read More

Category: Federal Reserve, Fixed Income/Interest Rates, Think Tank

Fed: Not Very Good at Forward Guidance

click for larger chart Source: Bank America Merrill Lynch    

Category: Federal Reserve, Fixed Income/Interest Rates