Tom McClellan

Articles by Tom McClellan

Nov 5, 2020

A peak in global average temperatures in 2015-16 is foretelling a bottom for long-term bond yields. But to understand that point, I need to explain this week’s chart.

It shows an inverted plot of Moody’s Aaa corporate...
August 03, 2017

Everyone has heard the old saying about “Sell in May and go away,” but history shows that the period of seasonal strength actually ends around August 1. But it is tougher to come up with a catchy rhyming phrase for that...
Bottom of Form

I got to wondering about all of the NYSE traders on CNBC sporting their “Dow 20,000” hats.  Hitting that level seems elusive, but they keep them at the ready.

Interestingly, if they would do just a tiny bit of...

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