During election years, there is always considerable discussion of a potential “October surprise” – meaning a major event that happens in the month before the election that has the potential to sway the vote. If that same term were used for markets specifically, perhaps the largest October surprise for investors has been the rapid rise […]

I’ve written quite a bit about interest rates in recent years. They have an inextricable impact on financial asset prices, so it’s always instructive to pay attention to what is happening to rates – both in the US and abroad. Interest rates have risen relatively drastically in July and August across the yield curve (ie: […]