The Week Ahead | 10/24/2022
This week features several events related to data, including the advance estimate of Q3 GDP, PCE inflation and personal income & spending. However, most of the significant upcoming events are…
The Week Ahead | 10/17/2022
Even though the tough economic climate, higher interest rates are necessary, I think a terminal rate close to 5% should suffice. There is no need to keep hiking rates when…
Mid Month Market Review
The bear continues to growl and investors, retail and institutional, wonder when the furry critter will go into hybernations.
Consumer Price Inflation Come in Hotter than Consensus Expectation
The Bureau of Labor Statistics reports inflation came in hotter than Keynesian economics expected. Our work on money supply versus the economy, which we discussed in our video on inflation,…
The Week Ahead | 10/10/2022
The jobs report from this past week showed that labor markets are still tight, which points to a strong CPI print for September. We’re expecting a 0.46%MoM increase in core…
The Week Ahead | 10/03/2022
The week of Oct. 3 is expected to be a busy one for earnings announcements, with four S&P 500 companies reporting quarterly results. So far, the earnings picture looks good,…
The Scariest Stock Chart
Investors everywhere are starting to conclude that stocks are in a bear market. How could you not? The S&P500 is down almost 26% from the peak, including dividends. At the…
The Week Ahead | 9/26/2022
The past week saw major movements in the markets, as the 10-year Treasury yield jumped 25 basis points. This had a significant impact on stocks, as the SP 500 fell…
The Fed Is Finally Seeing the Magnitude of the Mess It Created
When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of…
Technical Tuesday
The Federal Reserve starts its two-day meeting to discuss what they will do what we all know they will do: raise the target Fed Funds rate by 75 basis points.