(720) 799-8820 info@cardancapital.com
The Great Inflation Debate

The Great Inflation Debate

During 2021 there has been a renewed focus on inflation by the media, economists, investors, politicians and the general public alike. Some are concerned that all the government stimulus spending and the Fed’s policy stance of low rates and a more relaxed view of...
Pain in the Bond Markets

Pain in the Bond Markets

The Bloomberg Barclays U.S. Aggregate Bond Index, the flagship index for assessing the overall U.S. bond market (think of it as the S&P 500 for bonds), is having one of its worst starts for a calendar year in its history (which dates back to 1976). Indeed, the...
Euphoria and Stress

Euphoria and Stress

As we all look forward to wrapping up one of the longest years of our lives, 2020 is ending on a note that few could have seen coming. Nine months ago, the markets were plumbing the depths of despair and now, by many measures of stock market sentiment, the US markets...
Reversal of Fortunes?

Reversal of Fortunes?

Right on schedule, November continued 2020’s legacy of rapid market moves. News of a vaccine from Pfizer and BioNTech was quickly met by a sharp move higher in value and cyclical stocks and a steep selloff in the “work from home” stocks that had been in favor the...
2020 Grinds On

2020 Grinds On

As 2020 grinds on, the 2009 analog for the US stock market remains intact. The chart below shows the market bottom and subsequent recovery of the S&P 500 during the 2008/2009 Financial Crisis and aftermath (blue line) and the 2020 Covid Crisis still in process...