The Doom and Gloomers are keeping up the pressure on this important relationship, the 30-05 yield curve, but it is holding. The macro triple top in Gold, Aug 2020, Mar 2022, and May 2023, along with the oil double top,…Continue Reading →
A little quiet time here, the economy and markets are digesting the last two waves, one from Ocober 2022 and the recent one from May 11. The Climate Tech model is sorting through things, it is obvious that we are…Continue Reading →
Over the past 18 months it has been telling to sit back and watch the yield Curve that Alan Greenspan has repeatedly called the most important. And that is, a stable and working economy is one where you see 30…Continue Reading →
The Fear of AI and the Singularity Our view, AI is not going to take over civilization for one big reason, it is not good at thinking and analyzing new never seen before facts. It can do a good…Continue Reading →
Latest estimate: 2.2 percent — June 07, 2023 The Fed’s GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.2 percent on June 7, up from 2.0 percent on June 1. After recent…Continue Reading →
On Climate Change and its effects. Everyone is sitting around talking about recession while the world is sitting on one of the biggest flips in history. How does one play this game? Just four years ago, Jeremy Rifkin, who I…Continue Reading →
Yesterday I laid out the Macro picture, past and future. Now we are kind of in a no-man’s land of little news and a Fed Meeting coming up later in the month. The high flying areas may get a little…Continue Reading →
All this talk about declining earnings and higher interest rates, all the negativity as short positions continue to build against stocks, miss the point. It has been around 270 trading days since the stock market bottom gave its early formation…Continue Reading →
You all know I view the early books of Neil Howe and JohN Strauss, “Generations” and “The Fourth Turning” as bedrock for understanding Macro economic issues, there have been many posts on the issues involved. Neil Howe now has a…Continue Reading →
While there will be a lot of pushback, in terms of long-term direction, today’s employment report and yesterday’s GDPnow estimate for the second quarter at 2.2 percent are adding a push to stocks. This push has been almost a year…Continue Reading →