Jerome Powell speech: Tardy Fed, part 2?
Jerome Powell speech on interest rates indicates renewed hawkishness; but is the Fed behind the curve again, as they were in taking up the inflation fighting mantle? It will be…
Jerome Powell speech on interest rates indicates renewed hawkishness; but is the Fed behind the curve again, as they were in taking up the inflation fighting mantle? It will be…
Eggheads assemble, as FOMC meets Ooh, can't you just cut the tension with a knife? FOMC is going to hike the funds rate by at least .75% tomorrow and according…
I can't shake the feeling that we are at a meaningful juncture, as the yield on the 30yr Treasury bond continues to bounce. It's still a daily chart downtrend, but…
Assuming a bullish market, one of the key considerations about sector positioning is the state of long-term yields and their relationship to short-term yields. For example, segments that tend to…
Something changed just before, during and after Armageddon '08. That something is that the impulsive rise in growth stocks vs. value stocks (2007-2009) then maintained a grinding uptrend until a…
In fact, it's bananas all around! Bananas for you. Bananas for me... Trump wants the US dollar lower. Period. The currency is one measure of the US relative standing in…
Of course, we knew it was in the bag the whole time. But today the Fed plays its role of hyper-sensitive micro-manager of the leveraged system to perfection. Click headline,…
Hey, it's not me speculating upon that. It's the CME wise guys. A Corona-cut is on the way. On Friday we noted 100% chance of a cut with a 27%…
If you hurry, you may just be able to eek eke [thank you Mr. 'Eagle Eye' Turner!] out a mortgage for the fine abode shown above! Mortgage rates fall to…
I don't mind telling you that I tend to tune everybody out in favor of the market. That includes mainstream Wall Street types, perma-bulls, perma-bears, speed freaks & momos, doom…
According to CME Group, rate cut probabilities declined yesterday to even odds from a previous reading that was near unanimous for a cut. Today it is back to 59% for…
An email from a subscriber prompts this mini update here at T-minus 1 day to FOMC. In response to this morning's rate cut probabilities post Mark asked my thoughts about…
While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…
[edit] My friend Scott chimes in thusly... "Oh, nice post this morning, all I can say and ever say is what Pete Townsend so accurately wrote in Won't Get Fooled…