"The corollary of rising long-term rates is a shockingly fast swing from equity 'cheapness' to unusual expensiveness. Goodbye to the post-global financial crisis TINA [there is no alternative] world ...

A tale of two retailers: On the “maybe not the best of times, but business is pretty good” side, TJX, the parent company of discount retailers TJ Maxx and Marshalls and HomeGoods, reported that ...