Archive for May, 2014

FX

Thursday, May 1st, 2014

Via Mark Chandler at Brown Brothers Harriman: The US dollar has been unable to sustain even modest upticks.  While US Q1 GDP was considerably weaker than expected, investors seemed to look through it, as did the Federal Reserve.  There seems to be little doubt that stalling of the economy was a ...

May 01 2014 Opening

Thursday, May 1st, 2014

Prices of Treasury coupon securities have registered modest declines from levels which prevailed around 900 PM as some of the late day froth of yesterday slipped away. Markets were very quiet and illiquid as much of the world closes for May Day. The yield on the 5 year note climbed ...

Sell in May

Thursday, May 1st, 2014

The Wall Street Journal Money Beat Blog opens up the Month of May with a nice article on the reasons why this year might  it might be a particularly appropriate  one to follow the sell in May and walk away adage. Via WSJ: An overhyped Wall Street idiom–sell in May and go ...