The inflation Genie, that is... In this great adventure, the Fed creates inflation and then attempts to put it back in the bottle. Good luck with that! Federal Reserve: "Get…
20+ and 7-10 year Treasury bonds look constructive Look, I don't know if it is just poetic or there is some degree of shall we say instigation [tin hat alert]…
CPI ramps, but real hourly earnings decline Okay, it's another 'Inflation Friday' as the November CPI ramps (click graphic, get report)... So the headline is the big inflation number. But…
Whip inflation now! The Fed really did not like the scrutiny it came under in 2021 after 2020's balls out inflationary action. We know this by early bird hawk figurehead…
The yield curve is flattening I don't cheer-lead a given view, but if I were to do that I'd be cheering for a yield curve flattener to put a correction…
The copper price (futures); suspect at best, ratio to gold at a limit area Copper is back below the 50 and 200 day moving averages after failing to get above…
Repeat after me... "you have to invite the vampire into your house" Dow drops 500 points to session low after Powell mentions speeding up taper even amid omicron threat These…
The Baltic Dry Index has dropped hard I most often use the MSfM as a contrary indicator as you probably know. But this morning CNBC provided me with a valuable…
CPI inflation ramps up to no one's surprise Here is the headline from the media (click for the article)... Here are the nuts and bolts from BLS (click for the…
USD (DXY) makes a 38% Fib retrace USD (futures, DXY) has been in an uptrend for all of 2021. The uptrend was birthed by the March high and subsequent higher…
Inflation has permeated the macro markets; where to from here? Apologies in advance for some of the possibly confusing content to follow. But if this were easy anyone could do…
Stare at the chart of inflation expectations (RINF)... Gold went down during the 2012-2016 Goldilocks phase (officially ended in 2020 with the final tanking and reversal of inflation expectations), as…
The 30yr bond yield Continuum... continues As 30 and 10yr Treasury bond yields hold and amp up their recoveries by this daily chart... ...the big picture monthly 'Continuum' chart of…
Banks are posting a strong quarter The inflation (money printing by the Fed) has brought reflation (economic benefits of said inflation) and none are more targeted for benefit than the…