Falling Real Yields Allow Zombie Companies to Live On

Falling Real Yields Allow Zombie Companies to Live On The cost of extended monetary easing: the percentage of zombie companies continues to rise as U.S. 10-year real yields fall. Image: Arbor Research & Trading LLC

Volatility Across All Asset Classes

Volatility Across All Asset Classes This chart shows the current high correlation of implied volatility across all asset classes to U.S. Treasuries (MOVE). Image: Arbor Research & Trading LLC

VIX and MOVE Correlation

VIX and MOVE Correlation Periods of high correlation between VIX and MOVE are not good for balanced portfolios, because diversification is hard to find. Image: Arbor Research & Trading LLC

Demographics – Forecasting U.S. GDP

Demographics – Forecasting U.S. GDP This chart suggests that aging population is weighing down growth. Image: Arbor Research & Trading LLC

Germany – Explaining 10-Year Bund Yields

Germany – Explaining 10-Year Bund Yields This great chart suggests that demographics explain Germany’s 10-year bund yields. An R² of 0.87 is quite high and significant. Image: Arbor Research & Trading LLC

Demographics – Old Age Dependency Ratio

Demographics – Old Age Dependency Ratio The world’s population is ageing and demographics explain low interest rates. Image: Arbor Research & Trading LLC

USA – Explaining 10-Year Yields

USA – Explaining 10-Year Yields This great chart suggests that demographics and globalization explain U.S. 10-year yields. Image: Arbor Research & Trading LLC

Spread Between 10-ROC of S&P 500 and Treasury Bonds

Spread Between 10-ROC of S&P 500 and Treasury Bonds This interesting chart shows a 10 trading day rate-of-change (ROC) for the SP500 and for near-month Treasury bond futures prices. A price low is forming now. Image: McClellan Financial Publications, Inc.