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 →
Jamie Dimon and Jim Bullard, the JP Morgan / Fed Gov, doomsayers got a bit over their heads since January 9th, with their negative talk. All the hysteria over the January PPI numbers, which were a little higher than expected,…Continue Reading →
This is where the growth crowd has the power to take on the Depression crowd, GDPNOW today confirmed a 2.5 % 1st qtr. Question is, do they have the guts. CNBC’s poll tonight showed 36 percent of the viewers believed…Continue Reading →
This morning we are seeing the backlash against the hotter economic numbers generated this week. CNBC suggested that it is the Revenge of Jamie Dimon as a response to his “the sky is falling spouts” have been ignored by the…Continue Reading →
Today, GDPNOW latest estimate for first quarter raised to 2.5 %. Core market drivers are in the Climate Change area, Chips. EV, Solar. The current hot areas where investors are hiding, like discretionary and travel will fade in my opinion….Continue Reading →
As long as average market rates stay below the early November lows of 4.121, higher rates are likely signaling better growth parameters. I am watching any production numbers coming out this coming week as well as updates on the GDPNOW…Continue Reading →
New growth economy back in focus. 30-05 YC back to working, model covered all hedges on opening. So much for one day of thinking bearish.
If you go back and take a look at the chart in our February 7 post, you will see that the macro picture is working off the 2009 low. To me this means markets have the potential to go higher…Continue Reading →
President Biden’s State of the Union was the public affirmation of what has been building for the past year. He has the energy and plan to get things done. I am hopeful that the energy of the message will filter…Continue Reading →
Recently I have been reading a book called “Signals”, which after reading some of it I see a bit of the thinking that drives Trump. Contrary to what many Democrats think and say, Trump is smarter than 99 percent of…Continue Reading →