So last week I wrote “Not your friend” talking about the “trend”. It sure was confirmed (unless you are sort) this past week, as markets first took things in strides when the FED’s Jerome Powell hiked 75 bps (and the SNB 50 bps …), BUT then … Thursday, a rather…
Not Your Friend … We’ve all heard it at some point in our career, or journey in the world of investing – “don’t fight the trend”, or better yet: “the trend is your friend”. Of course there is also that other one … Don’t fight the FED … but that…
Clear and Convincing … what the FED wants to see in terms of inflation coming down … While the latest FED minutes reinforced the notion that a succession of 50 bps are on their way, it also suggested the possibility of a pause – should incoming data suggest that inflation…
Buckle UP! That, was the advice of the ECB this past week, as it was telling banks to do just that, as the war in Ukraine was poised to hit the economy … Markets … of course, also had to buckle up, as we saw again on Wednesday, with the…
Narrative Driven Economy … I am “borrowing” this week’s title from remarks made by E.B. Tucker in an interview Daniela Cambone from Stansberry research recently conducted with him => Click HERE to access! because I think it encapsulates nicely the kind of market dynamics we are currently seeing playing out….
Flash Crash … What a week … On Monday, as I recall, European markets kicked things off with a “flash crash”. Were they looking to mark the anniversary of the May 6th, 2010 flash crash a few days early? Who knows … It, of course, didn’t stop there… On Wednesday,…
Earnings to the rescue? Of course we aren’t talking here about Google’s, which missed and saw its share price taken down, although modestly, when contrasting the drop with the earlier drops experienced by say Netflix. BUT – Microsoft earnings and outlook obviously provided some tonic for the market on Wednesday,…
Asset Valuation “Adjustments” coming … Well … according to the IMF last Wednesday, further asset valuation adjustments were still to come … => Click HERE! As we then experienced real time Thursday in particular … markets did … proceed to do just that, as the US FED’s Jerome Powell played…
We’ve all heard the saying – Money talks … Apparently it means – If you say that money talks, you mean that people with a lot of money have power and influence. We’ve also all heard of the concept “skin in the game”, often linked to the idea that a PM, for example,…
Bull Market – Over and Out? With Deutsche Bank recently clinching first place in the derby of forecasters suggesting we are in for a Recession, soon to be followed by Bank America/Merrill Lynch, inflation currently raging (8.5% most recent reading); Central bankers poised to raise rates faster and higher (if…