What worked at the beginning of the inflationary phase will probably work in reverse at the end As USD pops today to test the breakdown from the SMA 50... I…
With the 30yr yield breaking upward today (daily chart)... ...let's review the original theme (back in play after a little macro whipsaw), which was to build a right side shoulder…
The copper/gold ratio is on another upside surge There is (lagging) inflation hysteria in the news and the copper/gold ratio is taking that and running with it, as would be…
After a whipsaw into and through 'Fed minutes' Wednesday, the week ends with an important theme intact. All the usual key aspects are updated and we stay our course to…
![Read more about the article The Fed’s inflated cake and a ‘quant’ of history [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2022/01/cake.png?fit=547%2C345&ssl=1)
A stroll through recent and not so recent inflationary history [edit] Some wording and a couple typos cleaned up from original post, no changes to themes... A Cynical Fed is…
The ratio of two Canadian markets indicates cooling inflation One of the tools we use in NFTRH is the ratio of Canada's speculative cow pastures (i.e. risky, often resources-oriented stocks)…
Junk bonds (HYG) have held above the 50 day average, indicating that risk is still 'on'. Junk/Investment Grade (LQD) has recovered strongly and is flipping positive as well. Junk/Treasury (20+…
Baltic Dry Index (BDI) continues to flash negative As FOMC and related noise fade away we are left as we were before the negative market action that attended the event…
Watch Fed Chairman Jerome Powell speak after the central bank’s market-moving policy decision You may listen to the man talk about putting the Genie back in the bottle at the…
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…
The US dollar (DXY) continues to target 98 In Q1 2021 USD bottomed amid the usual suspects proclaiming "dollar collapse!" and "death of the dollar!" and inflation as far as…
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…