News

CFNAI Makes 94-Month High, Existing Home Sales Disappoint December 22, 2014

Posted by Knowledge Leaders Team in News

As has seemingly been the case all year (or maybe even the past four years), we had a mixed bag of economic releases today in the United States. On the positive side, we had the Chicago Fed National Activity Index post the highest monthly number since December 2006.

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Junk Bond Spreads Widest Since August 2012 December 17, 2014

Posted by Knowledge Leaders Team in News

About a month ago, we noted that the spread between high yield bonds and treasuries was not confirming the all-time high in the S&P 500. Since that time, we have had a slight turnover in the equity market but an even larger move in junk bonds.

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