It may seem hard to believe but the first half of 2024 comes to a close this week as Friday marks the end of June and the end of the second quarter. It has been a volatile first half of the year but if you think that it was crazy, you very likely ain't seen nothing yet.
But what a first half it has been. We began the year with the POSX near 101, the yield on the 10-year note at 3.95% and an expectation that The Fed might cut the fed funds rate as many as six or seven times in 2024. Six months later, the POSX is near 105, the yield on the 10-year is at 4.25% and no one can agree...
