Andy Sutton is formerly the Chief Market Strategist for Sutton & Associates, LLC, a Registered Investment Adviser in the Commonwealth of Pennsylvania. He writes the periodic Economic and Financial Commentary “My Two ... more
Andy Sutton is formerly the Chief Market Strategist for Sutton & Associates, LLC, a Registered Investment Adviser in the Commonwealth of Pennsylvania. He writes the periodic Economic and Financial Commentary “My Two Cents”. He earned an MBA with honors in Economics from Moravian College and is a graduate member of Omicron Delta Epsilon, the International Honor Society in Economics. Sutton & Associates is no longer a Registered Investment Advisor, however, Andy still contributes periodic ‘My Two Cents’ articles and appears on Liberty Talk Radio with host Joe Cristiano. Andy currently teaches Business and Economics at the high school level and has been consistently impressed with the ability of young minds to easily grasp economic constructs due to their lack of bias created by years of exposure to mainstream economic and financial reporting.
lessCYB | WisdomTree Dreyfus Chinese Yuan Fund |
DIA | SPDR Dow Jones Industrial Average |
DUG | ProShares UltraShort Oil & Gas |
GS | Goldman Sachs Group Inc. |
MS | Morgan Stanley |
PGH | Pengrowth Energy Corporation |
PWE | Penn West Petroleum Ltd. |
QQQ | PowerShares QQQ Trust Series 1 |
SPY | SPDR S&P 500 |
UBS | UBS AG |
UDN | PowerShares DB US Dollar Index Bearish Fund |
USO | United States Oil Fund, LP |
UUP | PowerShares DB US Dollar Index Bullish Fund |
WFVK | Wilshire 5000 Total Market ETF |
XHB | SPDR S&P Homebuilders ETF |
Chief Economist | |
Sutton & Associates, LLC | |
January 2007 - Present (15 years 7 months) | |
Andy is the former Chief Market Strategist of Sutton & Associates, LLC. While the firm is no longer registered as an Investment Advisor, Andy continues to conduct research on various topics including GDP, money supply, econometric modeling, and economic indicators. He also continues to author and co-Author articles in the 'My Two Cents' series. |
Moravian College | |
MBA (Economics) | |
1997 / 2002 | |
Business Administration / Economics |
Moravian College | |
B.Sc | |
1989 / 1994 | |
Medical Technology / Biochemistry |
Latest Comments
Goldman: Treasury Markets No Longer React To Economic Data
Treasury bonds are instruments of the USGovt. We can all agree on that. They are backed by the 'full faith and credit of the USGovt'. That is the statement made by Treasury officials and while I think that statement is an utter joke, I think we can all agree that is the mantra that comes forth. If the economy does well, then the government should (in theory) be able to meet its debt obligations. if the economy is in the toilet, such ability might be called into question. So yes, Treasuries used to respond to economic data - appropriately - and the fact that they don't really do that anymore should be a point for everyone to ponder.
Maybe it's like Gary pointed out - that hungry buyers see Treasuries as the cleanest trash out there. I know I certainly wouldn't take my hard earned money and loan it to an entity (at a negative rate) when i know that entity is in debt way over its head and has absolutely no plans of changing its behavior. But the dollar and Treasuries have always been the 'safe haven'. It's a hard habit to break, especially when everything else looks worse except for metals and I know that is really going to get some people going ;)
I certainly wouldn't call it misplaced fear when someone decides they want out of USGovt debt. Sounds a lot like 'flat earth' economics to me.