Things you need to know It is all about the CPI today and PPI tomorrow Today’s report should seal the deal for the FED – 4 – 50 bps hikes is the expectation Oil – lost 3% yesterday and are up 3% today….as OPEC warns of tight supplies Earnings begin tomorrow…. Try the Easter Ricotta Pie And the selling gains …
China Eco Data, Key US Eco Data & Aggressive Fed Policy Sending Stocks Lower – Try the Leg of Lamb
Things you need to know The weekend came and went and the crisis in Ukraine continues Oil – comes under pressure this morning as the demand destruction story gains steam Treasury’s yields pushing higher ahead of KEY economic data this shortened week The VIX up 24% last week and going up Lonnie Musk is NOT joining the board of Twitter …
Stocks Re-Price on the Latest FED Commentary – Try the Spaghetti Al’ Tonno
Things you need to know Markets attempt to re-price based on the more hawkish comments Treasuries continue to decline sending yields higher Can the FED convince investors that they ‘got this’? Try the Spaghetti Al’ Tonno **I am out tomorrow – so my next note will be on Monday – have a good weekend. ** And the FED mins did …
Lael Becomes a HAWK! and TWTR Finds a Spot for Lonnie – Try the Pork Loin in Peach Sauce
Things you need to know Lael Brainard makes history- becomes a Hawk after living life as a Dove Algo’s did not like what they heard and boom – they shoot first and ask questions later. The Dow was the winner – falling less than 1% while the others got slammed (think large cap VALUE – Hello?) Oil retreats on economic …
Musk ignites Excitement – But What Does it Really Mean for Mkts?-Try the Chicken Scampi
Things you need to know Eco data weak – but it was expected Lonnie ignites a fire in Technology – sending Nasdaq up 2%. JPM warns of massive losses out of the Russian crisis – Who is next? Oil – rallies 4% and is higher again today Try the Chicken Scampi Factory orders were weak – coming in at -0.5%, …
Treasury Curve Inverts Across the Spectrum – Try the Spaghetti w/Leeks & Pancetta
Things you need to know Job market is strong, but bond market is inverted across the spectrum Earnings begin next week and T-14 days until taxes are due FED members making more noise about 50 bps (yawn) The IEA joins the US in releasing oil from strategic reserves Just to be clear – a recession IS coming…. Try the Spaghetti …
Goodbye 1st Qtr, Don’t let the Door hit you on the way out – Try the Grilled Shrimp on a bed of Orzo
Things you need to know 1st quarter of 2022 – was one of the worst in memory – yet stocks managed to rally in March Oil trades lower as Joey promises to help and China goes into lockdown again NFP due out – but will it really change the course of monetary policy? Inflation continues to surge, and the bond …
It’s Quarter End, Vlad Refuses a Cease Fire and Joey Announces an SPR Release – Try the Veal Rollatini
Things you need to know Vlad has no intention of supporting a cease fire yet Oil under pressure after Joey announces the release of more oil from the SPR It is the end of the quarter – expect lots of window dressing today Tech resistance levels ‘ill prepared to fight – just like the Russians’ The move up has been …
“Thank you Sir, May I have Another…..” – Try the Farfalle…
Things you need to know Assume the position and ask for more! (Animal House – 1978) Oil advances after yesterday’s 9% decline Cease fire talks continue in Turkey – Investors are hopeful for something 2’s and 10’s getting closer to inversion 3 FED speakers over the next 3 days…. Listen to what they say… Crypto’s holding tight Try the Farfalle …
Stocks Kiss 4560 (almost) and find Resistance – Try the Short Ribs
Things you need to know Stocks test higher and find resistance at 4560 – will it try again today? Vlad pushes to take control of the Eastern part of Ukraine – while Zelensky reaches out to ‘find a solution – not surrender’ China shuts down a city of 25 million to test for covid after 50 new cases were reported …
