Here on Fed day I want to talk about things other than the Fed and its upcoming .25% rate hike. We have not reviewed sectors relative to the S&P 500…
Janet Yellen is sooth saying the markets about the bank sector meltdown going on. It is government, not the Fed that is applying the band aids, talking about bailouts and…
A deflationary yield curve steepener is hinted at but not yet activated How do we know that the recent spike is a would-be deflationary yield curve steepener? We know because…
Fear, greed and bias reinforcement sell. Reality, at any given time? Not so much. A look at stocks, commodities, inflation, gold and silver through a contrary lens. As I continue…
NFTRH 749 Gold Stocks Let's get right to the sector that is primary in our forward view of the macro change that is developing (as if on cue, I might…
The inflation trades are fading and gold is ascending to its rightful place in the disinflationary macro The favored NFTRH plan is working out well as we planned the Q4…
I have long waited for the Energy sector to crack ("last inflated man standing") and finally it has. However, the crack is within an intact uptrend, using XLE as the…
Arista Networks stock (ANET) is flying in blue sky It was an opportunity taken (by me, and any subscribers following the Trade Log who might have had interest) and opportunity…
Earlier we noted the yield curve spiking from deeply inverted to less inverted. That will be a big time negative signal if it continues and starts to steepen in earnest.…
The 10yr-2yr yield curve is spiking impulsively and unlike the steepener into 2021 it ain't inflationary. We know that because nominal Treasury yields are dropping, not rising. If this continues…
The Empire State Manufacturing survey is bad Here is the report (PDF) from the New York Fed. Let's just take a visual journey down the road to disinflation/deflation and economic…
Gold and Silver, daily charts and the Silver/Gold ratio Treasury bonds are positive, the 10yr-2yr yield curve is ramping (in a steepening direction within its inversion) and Credit Suisse bank…
The NFTRH view has been for a macro transition from inflation (past) to 'Goldilocks' (present) to deflation (later) Since projecting the Q4-Q1 broad market rally back in November, we have…
Agricultural commodities are in decline while Livestock are ramping Here on CPI day, I thought it would be interesting to look at agricultural commodities along with the livestock that consume…