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Category: Markets

‘Classic Bear Market Action’ (And The Real ‘Fed Put’ Question)

January 31, 2022February 7, 2022

At least one widely-followed Wall Street strategist is undeterred in harboring a cautious outlook on

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3 Comments on ‘Classic Bear Market Action’ (And The Real ‘Fed Put’ Question)

Draining The Pool

January 31, 2022January 31, 2022

Markets felt apprehensive Monday ahead of holidays in Asia and a bevy of key US

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4 Comments on Draining The Pool

‘Don’t Fight The Fed’ Is Now A Bear’s Mantra

January 30, 2022January 31, 2022

The good news for dip-buyers after the most turbulent period for US equities since the

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3 Comments on ‘Don’t Fight The Fed’ Is Now A Bear’s Mantra

S&P Correction: Here’s What Comes Next

January 30, 2022January 31, 2022

Contrary to what you may be inclined to believe if you conceptualize of stocks as

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2 Comments on S&P Correction: Here’s What Comes Next

Snowballs In Hell

January 30, 2022February 4, 2022

Expectations for an angry, vengeful, hawkish Fed shift will be weighed against top-tier US data

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4 Comments on Snowballs In Hell

The ‘Ultimate Pain Trade’

January 29, 2022January 31, 2022

No one is talking about the inevitable dovish pivot. Or almost no one, anyway. In

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7 Comments on The ‘Ultimate Pain Trade’

Goldman Ramps Up Fed Call, Nomura Sees 50bps Blast Off

January 29, 2022February 5, 2022

Since bringing forward their liftoff forecast by “one full year” in late October, Goldman has

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10 Comments on Goldman Ramps Up Fed Call, Nomura Sees 50bps Blast Off

‘The Quickest Route To Recession’ (And A Case Of Cognitive Dissonance)

January 28, 2022January 30, 2022

The stock market isn’t the economy. We say that all the time. It’s almost a

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7 Comments on ‘The Quickest Route To Recession’ (And A Case Of Cognitive Dissonance)

Curtin’s Warning: Americans May ‘Misinterpret’ Fed Hikes

January 28, 2022January 29, 2022

There was no improvement in US consumer sentiment during the back half of January. In

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6 Comments on Curtin’s Warning: Americans May ‘Misinterpret’ Fed Hikes

‘Initial Volatility’ Has Governments Nervous In Asia

January 28, 2022January 28, 2022

A few key Asian markets managed to rebound on Friday after falling into corrections and

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If Stocks Don’t Get Him, The Curve Might

January 27, 2022January 28, 2022

Thursday’s overarching narrative was that this time around, Jerome Powell isn’t going to bend the

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9 Comments on If Stocks Don’t Get Him, The Curve Might

‘Bring Back Volcker’

January 27, 2022January 30, 2022

I doubt seriously that prominent investors actually care about inflation vis-à-vis Fed policy. And why

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10 Comments on ‘Bring Back Volcker’

Panic Selling Grips Asia As Stocks, Bonds Plunge On Hawkish Powell

January 27, 2022January 27, 2022

Jerome Powell’s press conference performance, and particularly the Chair’s multiple references to this cycle being

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9 Comments on Panic Selling Grips Asia As Stocks, Bonds Plunge On Hawkish Powell

Humble Stumbles

January 26, 2022February 2, 2022

Jerome Powell on Wednesday emphasized that the Fed will be “humble” and “nimble” as it

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12 Comments on Humble Stumbles

Fed Nods To March Hike, Sketches QT With Runoff ‘Principles’

January 26, 2022January 27, 2022

Inflation in the world’s largest economy is still “elevated,” the January FOMC statement said. That’s

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10 Comments on Fed Nods To March Hike, Sketches QT With Runoff ‘Principles’

Dovish Hawks Or Hawkish Doves? McElligott On The Fed

January 26, 2022January 27, 2022

Plainly, Jerome Powell risked further destabilizing fragile US equities at the January FOMC press conference.

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Key Ratio Points To 15% S&P Upside, One Bank Says

January 26, 2022January 26, 2022

January’s stock swoon isn’t out of sync with fundamentals and played out largely as expected

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1 Comment on Key Ratio Points To 15% S&P Upside, One Bank Says

Goldman: Any Further Significant Weakness Is A Buying Opportunity

January 26, 2022February 1, 2022

Markets were choppy again Wednesday as January’s epic swings continued unabated. Needless to say, traders

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2 Comments on Goldman: Any Further Significant Weakness Is A Buying Opportunity

Powell Faces 2018 Demons With Stock Crash Dilemma

January 25, 2022January 26, 2022

“The continuing global recovery faces multiple challenges as the pandemic enters its third year,” the

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8 Comments on Powell Faces 2018 Demons With Stock Crash Dilemma

What If The Economy Won’t Fund Powell’s Rate Hikes?

January 25, 2022February 7, 2022

Markets are awake to the idea that the Fed may be on the brink of

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8 Comments on What If The Economy Won’t Fund Powell’s Rate Hikes?

The Real Reason For Monday’s ‘Biblical’ Stock Reversal

January 25, 2022January 26, 2022

Monday morning was the first time clients had to “outright sell stuff,” Nomura’s Charlie McElligott

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JPMorgan: Selloff ‘Overdone,’ Fed Put ‘May Stage Comeback’

January 25, 2022January 26, 2022

Not everyone is on board with the idea that the ongoing swoon in US equities

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The Bear Beckons In Asia As Shares Succumb To Fed, Inflation Fears

January 25, 2022January 25, 2022

Asian equities plunged Tuesday, as manic moves on Wall Street rippled across global markets a

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‘Dangerous Ideas’ And Plunging Stocks

January 24, 2022January 25, 2022

January 24, 2022, was a banner day for the financial media. Nothing generates reader interest

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6 Comments on ‘Dangerous Ideas’ And Plunging Stocks

S&P Flirts With Correction As US Economy At ‘Near Standstill’

January 24, 2022January 25, 2022

It didn’t take long for the incoming data to provide support for a high profile

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1 Comment on S&P Flirts With Correction As US Economy At ‘Near Standstill’

Blankfein Says Crypto ‘Happening.’ Fantom Now 3rd Largest DeFi Protocol

January 24, 2022January 24, 2022

The crypto universe started the new week under siege after a weak-willed rebound fizzled out.

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2 Comments on Blankfein Says Crypto ‘Happening.’ Fantom Now 3rd Largest DeFi Protocol

‘Winter Is Here,’ Stocks Can Fall 10%, One Bank Warns

January 24, 2022January 25, 2022

It’s natural that market participants are obsessed with the Fed, but it’s time to worry

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6 Comments on ‘Winter Is Here,’ Stocks Can Fall 106, One Bank Warns

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Monthly Letter

  • To Be Happy

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Monthly Letters

To Be Happy

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Hell Or High Fashion

July 3, 2026July 3, 2026

Escape Artists

May 11, 2026May 11, 2026

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