It is here…. The FOMC decision – 75 bps is NOW the call. 10 Yr. treasuries continue to fall sending yields higher Eurozone bond yields spiking higher as well – ECB Emergency meeting today Try the Watermelon/Tomato Summer Salad Good morning…well, it is here…. In just 7 hours the FED will make the next announcement…. Will rates rise …
Who is DEEP THROAT? Fed to Raise by 75 bps! – Try the Classic ‘Screw Driver’ Cocktail
Things you need to know Deep Throat Revisited – another 1970’s memory The WSJ runs with the story – The FED has changed course 10 yr. yields spike higher as the bond market bids disappear Everything got slammed – the S&P now in BEAR Mkt Territory – leaving only the Dow in correction territory Try the Classic ‘Screw’ …
CPI Gets Even HOTTER, Algo’s Rush the Door – Try the Fried ‘Baloney’ Sandwich
Things you need to know Danger Will Robinson, Danger…….! CPI hits a 41 yr. high; FED is now backed into a very tiny corner as the walls begin to cave in, everything is up and gas is now above $5/gal on average, Crypto’s getting crushed as well – Bitcoin down 11% (today), Ethereum down 17% (today) and the other lesser-known …
Tick, tick, tick…..CPI due out at 8:30 – Try the Baked Rigatoni
Things you need to know Chrissy Lagarde makes a move – now what? All eyes on today’s CPI and next week’s PPI/FOMC Global Mkts under pressure as recession looms Energy Secretary Jenny Granholm is tone deaf – as there is no end in sight for higher oil and gas prices Try the Baked Rigatoni Bam! Stocks got slammed on Thursday …
Yellen is Trapped, WH Braces for Higher CPI – Try the Eggplant Parmegiana
Things you need to know Janet goes for a second round on Capitol Hill World Bank warns of Stagflation Crude oil surges by another $3.20/barrel WH Braces for a Stronger CPI Report ECB set to announce a policy change Try the Eggplant Parmegiana Sellers returned to the market and buyers pulled back – unwilling to pay prices that they paid …
Janet Tells us to Prepare for ‘Longer Term Inflation’ – Try the Chicken Parmegiana
Things you need to know Retailers are warning AGAIN Janet tells Capitol Hill to expect inflation to hang around for longer FED in Blackout period – but is Janet the Canary in the Coal Mine? Oil – now trading above $121/barrel – Hello? Markets remain in a state of confusion Try the Chicken Cutlet Parmegiana Target warns of threats to …
Mkts Churn, Treasury Yields Up, Oil and Gas are UP – Try the Classic Meat Sauce
Things you need to know Markets churn ahead of Friday’s CPI report 10 Yr Treasury yields top 3.04% UK PM ‘Bojo’ survived a vote of No Confidence – by a whisker Oil continues to march higher taking gas along with it. Try the Classic Meat Sauce It was a relatively quiet day on Monday, no eco data, no earnings data, …
NFP Remains Strong, Brainard Supports More Rate Increases – Try the T-Bone (Trentino Style)
Things you need to know NFP continues to suggest a strong labor market Stocks closed lower as another FED head repeats the narrative Oil – kissing $120/gal. The national average is now $5.15/gal Jubilee is over and now Boris faces a vote of No- confidence. Try the T-Bone from the Trentino/Alto Adige region of Italy And stocks ended the week …
Is the Hurricane Happening at JPM? – Try the Baked Chicken Thighs
Things you need to know Jamie Dimon tells us to ‘brace ourselves for the coming hurricane’ while Marko Kolanoic says ‘Don’t be Ridiculous’ The Saudi’s remain ‘strategically ambiguous’ Russia is expected to remain the + in OPEC More FED members calling for aggressive interest rate moves The Platinum Jubilee has begun as Britons across the nation sing ‘God Save the …
Mea Culpa’s? Oh Boy…Maybe Waller is Right! -Try the Pasta Fresca
Things you need to know Waller comments cause angst and multiple mea culpa’s Joey has lunch with JJ and commits to ‘leaving him alone’ OPEC considers throwing Russia out of OPEC +, Oil marches higher It is a new month with new eco data and a June FED meeting Try the Pasta Fresca So stocks couldn’t keep it up…..the …
