Equity investors need to answer one simple question: Will Jerome Powell follow through? Weeks of
Year: 2022
G-7 Answers Putin’s Rubles-For-Gas Demand: No
Last week, Vladimir Putin had an idea. Like most of his ideas lately, it wasn’t
VIX ‘Too Low’ As Data, Seasonal Buyback Lull Loom
Markets may lose a key pillar of support just as equities appeared to find their
‘Literally Parabolic’: Historic Bond Rout Worsens, Yen Plunges
The hyperbole flowed freely Monday as the worst global bond rout in modern history accelerated.
Fatalism Sets In As Curve Starts Recession Clock
Fatalism pervades much of the macro commentary, and you don’t need to listen too closely
Traders Await Crucial US Data As Biden Confronts Dismal Polls
A slate of top-tier US data greets market participants in the new week, as equities
Regime Change
“As you’ve heard us say, repeatedly, we do not have a strategy of regime change
‘Diamond Hands And Buybacks’ To Drive Stock Demand: Goldman
One of the many “mysteries” of recent US equity strength is the solid performance of
Three Months In Web3: What I Learned
“There’s something apocalyptic about it,” someone told me this week. We weren’t talking about the
Royals Versus Ragtags
If you’re curious to know why the Saudis aren’t more responsive when it comes to
Fed Needs You To Believe Panic Equals Credibility
Only twice during the past 50 years have US consumers been more concerned about reduced
Perfect Storm Brewing For US Housing Bubble
More cracks in the foundation. Pardon the pun. Again. Two days after data showed new
Key Indicator Flashes Rare ‘Buy’ Signal. But There Are Caveats
For the first time since the depths of the original pandemic selloff, a widely-cited indicator
German Business Confidence ‘Nosedives’ In Record Collapse
“Sentiment in the German economy has collapsed,” Ifo President Clemens Fuest proclaimed on Friday. The
‘Largely Replaceable’: Putin’s Energy Is Expendable After All
As expected, the US and the EU announced a political accord aimed at freeing Europe
Stocks: Don’t Believe Everything You Read
Nearly three months into 2022, US equities are largely indecipherable. There’s nothing unusual about market
What Steve Mnuchin Saw
Most citizens in advanced economies aren’t accustomed to economic suffering. That’s a generalization, of course.
Ambiguous US Data Has Ominous Undertones
Mixed data provided little in the way of clarity as traders and investors pondered an
US Economy Expanding Rapidly, Alternative Facts Suggest
Not all the data was ominous. Preliminary US PMIs for March suggested the world’s largest
Putin Puts Russian Stock Market On Path To Total Obscurity
Vladimir Putin managed to reopen the Russian stock market. Sort of. 33 out of 50
Why The Fed May Only Deliver Half Its Planned Rate Hikes
How much is too much? That’s the question everyone wants answered vis-à-vis Fed tightening at
Putin Demands Rubles For Gas, Refused Nabiullina Resignation
If you’ve been “unfriendly” to Russia lately, you may need to pay Vladimir Putin in
Will Soaring Mortgage Rates Pop US Housing Bubble?
If you like bad puns, call it another crack in the foundation. New US home
Biggest Bond Drawdown In History Imperils Everything
Last week, I talked at some length about the purported death of the four-decade bond
Gold, Gas And Guns
“It’s time for Europe to start thinking about winter gas supplies,” Russia’s Alexander Novak said,
Clear And Present Danger
Who’s afraid of credit spreads? The Fed, historically. Speculation is rife that overzealous policymakers, terrified
Rate Cuts, Recession: Coming 2023 To A Theater Near You
Earlier this month, frustrated with a lack of capitulation in US equities, I asked when
You must be logged in to post a comment.