- EWJCNBC•2 hours ago
Asia markets opened mixed on Wednesday, despite Wall Street's gains overnight, as traders remained in a wait-and-see mode ahead of Jackson Hole.
- GDXMarketWatch•4 hours ago
The prominent author of Grant’s Interest Rate Observer sounds like a lot like many permabears roaming this yield-parched world.
- SPYBarrons.com•4 hours ago
The iShares 20+ Year Treasury Bond exchange-traded fund (TLT) is up 17.5% this year, outpacing the SPDR S&P 500 ETF (SPY), which has gained just 7% in that period. Only a few years ago, long-term bonds were considered a terrible investment going forward because interest rates supposedly had no place to go but up, which meant that bond values had no place to go but down. A Tumblr post by investment writer John Mauldin quotes the latest thinking of bond guru Gary Shilling, who makes the case that bonds can continue their upward movement.