Fixing Inequality..
Inequality is finally getting the fix working. Employment and wages are strong. The inflation story will work itself out. Algo Model is signaling a buy on the NASDAQ 100 this morning.
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Cleaning out the House..
Some late thoughts today. To me it is refreshing to see the stocks of Snowflake, CrowdStrike, Meta, Apple, and Salesforce get taken behind the woodshed and get a little common sense. Now the markets can get started in dealing with…Continue Reading →
A New World is Evolving..
GDPNOW-Atlanta is forecasting 4th quarter GDP at +4.3 %. That is not recession territory. Traditional market players have had a difficult time handling the switch out of consumer tech to what I call Efficient Tech, it is about production of…Continue Reading →
Explosive Rally Signaled.. with update
Here are the two charts we mentioned last week, the 2 YR vs 3 Mon yield curve chart, with the FED pushing up the 3 month overnight to the point it may go over the 2 year rate, the FED…Continue Reading →
When the FED is Pushing on a String..
Here is something that I have been noticing as I watch the FED try to unravel its mistake and it reveals itself in the yield curve differential between the 2 year rate and the 3 mon FED funds rate. As…Continue Reading →
Investors are Gun Shy..
Recent market action is quite interesting, the way forward for the economy and the markets is about tackling climate change in a way that boosts efficiency, more output from a given amount of energy. That will take technology and that…Continue Reading →
Where are Investors Now?
I talk a lot about the beginning of the market bottom between May 11 and May16, the high of wholesale commodity prices basis the CRB index on June 6, and the retest of the market bottom on October 14. At…Continue Reading →
A Fed that Hates Real Growth
The Fed continues to show its true constituency, it loved creating artificial growth during the 2020-2021 bubble. Now they cannot stand the fact that real growth is looming. I will keep saying that a steady interest rate of maybe 3.5…Continue Reading →
Global Relief…
Today we are seeing a response to a G20 meeting that showed a move to work together by Global players. Markets around the world are moving towards a breakout out of the FED induced bottom that started on May12th, 2022….Continue Reading →
Bottoming Process Continues
The whole Macro formation in the S&P that started on May 11, 2022 has yet to see the Macro algorithms confirm an upside breakout. Until then, be patient, we will let you know when the breakout occurs. It has been…Continue Reading →