The 2008 financial crisis was the worst financial and economic crisis since the Great Depression. It was felt that if the monetary and fiscal authorities failed...
Holders of debt benefit when yields go down, as the price of debt then rises. So, debt owners; pension funds, and insurance companies want to hedge...
At this week’s close, everyone is talking about Thursday’s miracle turnaround. For myself, I’m thinking Monday wasn’t all that far from September 30th bear market low,...