Striking a Delicate Balance in Making Policy FED Governor Raphael Bostic made some headlines today in a conversation with reporters. “Slow and steady is going to be the appropriate course of action,” Bostic said in comments to reporters, with perhaps only…Continue Reading →
Update at 10:30 AM 3/2/23 Now that all of you have had a chance to read the piece below that I think shows what the FED thinks and its current rate hike play is based. The FED goal of a…Continue Reading →
We should continue to see decent employment numbers on Friday December 10th. Technically, we see a market becoming heavily oversold as the bears pile on and the bulls sit and wait, ready to run the table on the upside. Real…Continue Reading →
MY view, most of the economists out talking the bear story are missing two important factors. Consumerism as a lead demand factor is waning, companies based around selling crap are in trouble. Climate Tech is the focus of the new…Continue Reading →
Kind of a bounce type, waiting kind of day, I don’t have much to say. The FED remains in control of everything that is happening, at this point no indication that they will show the patience to allow the big…Continue Reading →
September 2021, for anyone paying attention, is when the markets started to unravel. Yet today, some 18 months later, all these hotshots are screaming crash. Here is the chart of the economy since 2009. Here are all the screamers….
This is a wrap-up after the close. The 2023 stock market is more about upward production surprises than upward inflation surprises. 2 % inflation is just an old dream. Today the GDPNow model estimate for real GDP growth (seasonally adjusted…Continue Reading →
NVIDA which is the second largest stock position in our Climate Change Trading Model is an example of what we have been saying, handling climate change is a “chip” project. There is a lot to figure out and calculate. Yesterday…Continue Reading →
We track the Macro Economy using an algo with market data inputs; SPX,NDQ,RUT,CRB,DXY,GLD,US02Y,US30-US05 YC. Recent points, a low Apr 2018, upturn Jan 2019, High Aug 2020, downturn Sep 2021, low Nov 2022, stimulus blowoff Mar 2020-Jan 2022. A couple of…Continue Reading →
It appears the big money shorts who have been fighting the tape for the past eight months have come together over the long holiday weekend. Here are some of the headlines that Morgan Stanley, Bloomberg, and Larry Summers are putting…Continue Reading →