The All Important 30-05YC
Why does Alan Greenspan like a rising 30Y-05Y chart as the best indicator of the health of the economy. I have not asked him but I would imagine it is because it is beyond the 3mo and 2Y measures that…Continue Reading →
Why does Alan Greenspan like a rising 30Y-05Y chart as the best indicator of the health of the economy. I have not asked him but I would imagine it is because it is beyond the 3mo and 2Y measures that…Continue Reading →
As we watch the slow unfolding of the 2023 economy unfold, here is what I see: There seems to be plenty of money to keep things out of a recession. The roll down of the FED balance sheet has been…Continue Reading →
Quiet day today, dominant theme is the Bear Recession story built around the House Republican’s attempt to ignite a recession. This totally ignores the Durable Goods numbers out today. Patience. No doubt, regular consumer sentiment is being affected by all…Continue Reading →
Our market evaluation indicators see the most bearish posture of the Bears in a year. Will they make it work through Friday? For sure sentiment is at an extreme. A second important point is that stocks with strong technicals are…Continue Reading →
As the economy and markets move on from the interest rate hikes and fight on inflation it is probably time to focus on the bigger picture, the buildout of Climate Tech, the area where we have been focused since the…Continue Reading →
While the worry warts and shorts keep talking about a recession, the economy keeps kicking out growth. This should mean that average working interest rates will remain in the 3.75 to 3.95 percent range, that is OK. Here is what…Continue Reading →
“Below the Radar” the market needs to fly faster and lower until it is safe to go to altitude. That may be the alternative to the “Hard Landing” and “Soft Landing” scenarios out there. So as the market operates in…Continue Reading →
A little comment after the close today. Modest Growth Story continues as we will repeat, the FED is not going to cut rates this year. Market rates have bounced up from 3.433 on Apr 6 to 3.833 today. For the…Continue Reading →
At the moment the market is struggling with direction because it has little clue as to what sectors and companies are the Market Drivers? The old funny money consumer stocks still dominate trading and investing, stuff that worked in the…Continue Reading →
Average market interest rates are confirming this morning that economy is in a positive growth mode, low on average rates was 3.435 earlier this week, 3.736 at the moment and to me headed to a peak in 3.9 area in…Continue Reading →