Investors got hammered again this week with few places to hide. Having said this, it could be worse. The Trump Administration continues to release conflicting information about the status of the war, but it is clear that the Iranians are not about to capitulate. This is causing all sorts of problems with the oil market, and this in turn is splattering both global stocks and bonds.

War breaks out with rather significant effects on the global economy, including sharply higher oil prices and increasing inflation expectations. This filtered through to stocks and bonds, both of which took a beating this week.

President Trump has been in the Middle East this week with a contingent of US business leaders and his finance / economics team, cutting...

A deferred reaction to war in the Middle East meant that equities rallied and bonds sold off in the first half of the week, but then......

One of the many things that I have enjoyed doing since I left the grind of working at large financial institutions is reading things...