Tomorrow…
Everyone is waiting for tomorrow. Powell may find that valuing stability over chaos will help him to bury his past mistakes. Like, saying 3.5 % is where we plan to keep rates for the next two years, put to rest…Continue Reading →
Uncategorized
The Bubble Creators
It would appear that the Bubble Creators may not have been that smart. They were financed by the FED, and propelled by a financialization process based around globalization and monetization. Real growth never entered the picture. Now they have no…Continue Reading →
The Yield Curve is Flashing a “things are getting better sign”
You may recall that a couple of weeks ago we pointed out that the first thing to watch out for will be the 2yr vs 3 mo yield curve, I.e. when the 2yr starts gaining on the 3 mo, that…Continue Reading →
Repeating
No FED pivot. Today’s consumer price number doesn’t change the expected 0.75 hike at next meeting. We are still dealing with supply side inflation not demand based inflation. The most important thing is consumer prices are the last to change….Continue Reading →
The Market Catalyst is here…
A Bloomberg story published tonight on the dollar and how its strength is affecting world markets could be a catalyst for pushing the FED to rethink how for it wants to go, especially if inflation numbers this month confirm a…Continue Reading →
The Bubble and the FED
The central factor in the markets for the remainder of the year is how tough is the FED really going to be if some key inflation factors roll over. By my reading of the total economy charts, which sum up…Continue Reading →
The Great In-Between
I see us in the Great In-Between period in the markets, the FED is running the technicals, the people are running the fundamentals. The next FED meeting will probably be the last of the FED hikes, then they will just…Continue Reading →
Proving time coming up…-
This is where, if you have done the analysis, you have the courage to sit through the short term FED followers attack. I expect the employment numbers to be decent tomorrow as the real economy is marching to the real…Continue Reading →
FED messaging…
FED messaging needs a critical look, Powell could get his credibility back if he admitted that 13 years of low rates was a mistake and that they were taking rates back to a normal level. This talk of punishing markets…Continue Reading →
Digging the Hole
Today’s action is critical, i.e. to take out the SPX 4001 level and set the trap. Now you can be a buyer anyplace between 3910 and 4001. Safe trade is probably to put in an open buy stop at 4046…Continue Reading →