Fed Keeps Buying Some of What You Own
As we can see the Fed has kept buying, albeit at a slower pace than we saw in the jump from May to June. The graph illustrates the values of those holdings across several exchange traded funds.
Jay Discussed Volatility and Fed Activity with TD Ameritrade
Jay spoke with Oliver Renick at the TD Ameritrade Network. You can see Jay’s interview
Really, Don’t Fight the Fed? Federal Reserve Updated Holdings of Bonds and ETFs - 6/18/2020
In addition to the announced main street lending program, the lowering of the fed funds rate back to zero, buying of commercial paper, and now many other things, the Federal Reserve also announced they would begin buying corporate bonds...
Persistence and Perspective Through Drawdowns
This is one of those articles where a picture can tell 1000 words. So, in keeping with that idea, we will put some color around what your seeing above in the chart to help visualize...
Flash Crash Revisited 10 Years Later: Same Lessons Today?
Today marks the 10-year anniversary of the infamous Flash Crash. Two things here, I cannot believe it has been ten years since the extreme dislocations in price occurred. But second, the lesson for many is still ingrained in investors and advisor’s memory of how unprotected some strategies were.
Strategy Update
Jay discusses some strategy tactics amidst the market volatility of February 2020.