Daily Archives: August 30, 2019

Desperately Seeking Yield

It’s a rough world for yield-hungry investors these days. As interest rates plunge near and far, in some cases diving into negative terrain, searching for a respectable payout in the financial markets has become a race to the bottom. The standard benchmarks for what’s available are US Treasuries, where current yields are plumbing extraordinary depths. What’s an investor to do? We can start by considering the alternatives, courtesy of Mr. Market’s offerings via a broad, multi-asset class portfolio a la the major asset classes.

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Macro Briefing | 30 August 2019

Hurricane Dorian strengthens as it nears US: CNN
China may plan to wait out trade war and focus on its own economy: CNBC
German retail sales fell more than expected in July: Reuters
Mixed July data for Japan on retail sales and industrial output: Reuters
Pending homes sales in US fell in July by the most in over a year: LA Times
US jobless claims continue to anticipate strong labor market: MW
US trade deficit narrowed in July as exports picked up: MW
US Q2 GDP growth revised down slightly to +2.0%: CNBC
US Dollar Index rose to 2-year high on Thursday: