Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
Can U.S. Interest Rates Ever Rise?

While interest rates have risen from depths that saw the 10-year treasury yielding 1.36% on 7/3/16, to 2.25% today, given Fed plans to tighten and pledge to shrink its balance sheet should rates be e...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Last Week’s Rally In Gold Stocks Erased

Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the imp...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Low Inflation: Should We Worry?

Binyamin Appelbaum had an interesting discussion of inflation in the NYT yesterday. As he notes, it has been below the Fed’s target throughout the recovery and, contrary to expectations, it ha...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Home Prices Rose 5.6% Year-Over-Year NSA In May, Sixth Record High

With today’s release of the May S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.1% month over month. The seasonal...
On July 25, 2017 / By Kurt Osterberg
Finance 0
‘Throw Us A Little Volatility Here, We’re Begging You’

There’s been no shortage of shrieking from the peanut gallery about the extent to which financial conditions have steadfastly refused to tighten despite multiple Fed hikes and token nods at balance ...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Bonds Battered Ahead Of Fed – 30Y Yield Back Above 2.90%

In its ubiquitous manner, traders are selling bonds ahead of tomorrow’s ‘nothingburger’ from The Fed. While no rate move is expected, more color on balance sheet normalization is per...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Newmont Mining Corporation Q2 Results Show Improved Operational And Financial Performance Across The Board

Newmont Mining Corporation (NYSE: NEM ) today announced second quarter 2017 results that demonstrated improved operational and financial performance as follows: Financial Performance Results Net incom...
On July 25, 2017 / By Kurt Osterberg
Finance 0
U.S. Treasuries: Caution, Low Ceilings

With most of the focus in Washington, D.C., being centered on the repeal and replacement of the Affordable Care Act, a topic that had garnered a great deal of attention in the past seems to be flying ...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Trump’s “First America” Trade Frictions Are About To Begin

After the US-Sino Comprehensive Economic Dialogue, trade issues are alienating not only China and America’s NATO allies – but its NAFTA partners, Canada and Mexico. As the Trump administration’s...
On July 25, 2017 / By Kurt Osterberg
Finance 0
Earnings Estimates For Q3 Drop Further

This week will be the biggest earnings week of the year as 190 firms are reporting, including Facebook, Alphabet, and Amazon. Those three reports will shape the performance of the market for the next ...
On July 25, 2017 / By Kurt Osterberg