Things you need to know. – The algo’s push stocks to test a technical level – buyers defended the position. – The dollar, vix, yields, and oil all surge higher, stocks and bonds push lower. – Do not discount ‘end of qtr’ reallocation and ongoing seasonal weakness. – Key inflation data point only hours away…. – Try the Ratatouille This …
Are We Entering the Danger Zone, or Did we Already do That? – Try the Grilled Pork Chops.
Things you need to know. – Stocks struggle under the weight the ‘data.’ – Investors reprice RISK…. But is it enough? – Bond Yields push higher, the Dollar pushes higher, The VIX pushes higher. – The 2nd GOP debate is tonight on Fox Business. 7 Candidates take the stage, Trumps sits this one out …
Bonds Yields Mimic the Energizer Bunny – They Just Don’t Quit/Try the Pumpkin/Butternut Squash Risotto.
Things you need to know. – Bond yields keep climbing….and if Jamie Dimon is correct – they will go higher still. – Another FED head calls for even higher rates. – AMZN lights up the AI space – keeping it front and center. – Jo Jo -makes history and visits the striking UAW workers – begging for votes. KJP (Press …
Investors Remain Skittish – How High Will Yields Go? Chaos on Capitol Hill/Try the Thin Spaghetti w/Ricotta & Spinach
Things you need to know. – We are entering the final week of the quarter – expect lots of churn. – Stocks remain in a downtrend; rates remain higher for longer. – UAW enters its 10th day….and still no end in sight. – Chaos on Capitol Hill – Kevy’s job is on the line, 5 rouge members defining the narrative …
Risk Off is Alive and Well, 10 Yr Yields Kiss 4.49%/Try the Scampi
Things you need to know. – Risk Off is Alive and Well – The 10 Yr. Bond is now yielding 4.49%, the 2 yr. kissed 5.2% – Stocks close on the lows of the day…. – Eco data is weaker than expected. – Kevin McCarthy suffers an embarrassing defeat…Chaos on Capitol Hill – Try the Shrimp Scampi **My appearance yesterday …
The FED Pauses (Yawn), but Remains Hawkish, Risk Off, Yields UP- Try the Greek Filet of Sole.
Things you need to know. – The FED Paused – you would have to be living in a cave to be surprised – The FED remains Hawkish – you would have to be living under a rock to be surprised – Algo’s not happy….stocks declined and are declining again today – End of Quarter only days away… – Try the …
Get Ready for 2 pm…..It Hinges on What JJ Says vs. What he Does – Try the Eggplant Caponata.
Things you need to know. – It’s all about JJ – What he says is more important than what he does. – Will he hint at hiking the target inflation rate? – Will he suggest we are at the peak? – What words will he delete from the narrative? – UK inflation unexpectedly FALLS – Will the BoE pause? – …
Stocks Churn, Oil Surges, UAW Still Out and CART goes Public – Try the Escarole and Beans.
Things you need to know. – Stocks churn ahead of the FOMC meeting. – ARM continues to pullback after the hype, Instacart IPO’s today. – Oil keeps going higher…. Hmmm…think about that for a minute. – The UAW really wants more than 36% and threatens more strikes on Friday. – Try the Escarole & Beans Stocks, bonds, oil, gold, and …
PPI Hot, FED says ‘it’s transitory’, ARM is hot and the UAW walkout/Try the Ropa Vieja
– PPI is hotter too, but don’t worry – the FED has it under control. – Retail Sales surge – why? Higher prices – Oil pierces $90/barrel – expect transportation costs to surge and then what? – 2’s now yielding 5.03%, the 10’s are yielding 4.31% – hello? – ECB hikes rates and signals – what? – Try the Ropa …
CPI? (Yawn!) FED Steady (Yawn), More Eco data likely to do Nothing to Psyche – Try the Tomato Salad Fritters.
Things you need to know. CPI was a bit hotter, but investors appear to be OK. PPI and Retail Sales Today…. Will that change the mindset? UAW counting down to 11:59 pm – then what? ARM – priced at $51 – Any bets on the opening price? Investor interest is supposedly 10x’s oversubscribed…. How aggressive with buyer be? And the …
