Dancing About The Yield Curve

It is one of the greatest aspects of capital markets. Investing is just as much an art as it is a science. And unlike many of the arts that can be discussed in terms of ordinary life experiences, investing along with the economics and finance that are underlying it are often complex, multi-dimensional across space and time, sometimes nebulous and very much subject to the interpretation of each individual participant in the market place.  So despite being a science grounded in the historically quantitative and definitive that have has taken place in the past and present, investing is just as much if not more so an art in interpreting this music from the past in singing about the future.

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