Things you need to know. – Stocks staged a 4-week rally that has seen the indexes gain more than 10%. – Bonds back off just a bit, yields rise just a bit. – Lots of eco data this week – Wednesday is the PCE report – the FED’s favored inflation gauge. – Oil down, OPEC+ meeting scheduled for Thursday. …
Too Far Too Fast? Stocks, Bonds UP, Dollar Down, Oil Set to Recover?/Try the Stracciatella Soup
Things you need to know. – It was another winning week $23 billion moves into stocks. – Oil rallies AFTER the Saudi’s /OPEC+ hint of more production cuts! – The dollar index gives back 100% of 2023 gains – as the narrative turns from rate hikes turn to rate cuts. – Are we now in ‘overbought’ territory – have the …
“Eventually we will get rate cuts!” Brilliant! – Try the Roast Turkey
Things you need to know. The pilot has turned on the ‘fasten seat belt’ sign…. Investors continue to go all in… Stocks, bonds & gold move higher. Oil, the dollar and the VIX move lower…. Rates remain in pause mode. Here is the Roast Turkey The economy closes in on a soft landing…. And it is the recent soft economic …
PPI Better, Retail Sales Ok, FED Cut? Really? – Try the Roasted Cornish Hens
Things you need to know. PPI also better than expected – Mkts rally, just not so much. Retail Sales weaker m/m but better than expectations…. Consumer is strong. FED Cut? Come on man…. Really? Dollar down, Gold Up, Oil Churns as rumors swirl…. Try the Simple Roasted Cornish Hens Yesterday’s eco data was good, The economy is supposedly doing what …
Mamma Mia! Did you see that CPI report? – Try the Stuffed Cubanelle Peppers
Things you need to know. Mamma Mia – What a rally! Lots of buyers and lots of Short Covering Stocks up, bonds up, gold up, dollar down, yields down. But lower yields result in ‘looser policy’ – Is that what JJ really wants? House avoids a Shutdown…. (As if that was really going to happen) Try the Stuffed Cubanelle Peppers …
Accentuate the Positive, Eliminate the Negatives – Try the Italian Style Sausage Stuffing
Things you need to know. – Get ready for the 8:30 am CPI read – the best is for it to be weaker. – Stocks ready to rumble…. You can just feel it…. – Bond yields back off just enough yesterday, will they move lower today? – Guess what? China oil demand to hit a new annual RECORD! – Try …
Bond Auctions Showing Cracks, Stocks remain Confused -Try the Scallops Bathed in Vermouth
Things you need to know. – Stocks remain confused – downs are dramatic, and ups are dramatic. – Bond auctions show signs of weakness, sending yields up. – Moody’s downgrades outlook to negative, leaves credit at Aaa. – Gov’t shutdown looming, Can Mikey Johnson Save the Day? – Try the Scallops bathed in Vermouth. Stocks rallied HARD on Friday…. …
JJ has a Wing Woman and a Wing Man Today, Stocks wait…- Try the Thighs Bathed in Herbs and White Wine
Things you need to know. – The 10 yr. bond auction went off a bit weaker than expected – today is the 30 yr. auction. – Are investors expecting a Harder landing or not? – Nothing on the economic calendar that will drive the action. – JJ to speak about Challenges for Monetary Policy. – Barking & Logan to play …
Hello? Reality Check Aisle 2! Big Week for Treasuries – Try the Shells w/Sweet Sausage/Pancetta and Cannelloni Beans
Things you need to know. – The rally fades – but that should not be a surprise – Janet to bring $112 billion to the market this week – how will it be received? – Gold down, Oil down as the War Risk Premium fades – Shells w/Sweet Sausage, Pancetta and Cannelloni Beans Hello? Reality Check – Aisle 2……. What …
Rate CUTS now Expected in June 2024? Stocks & Bonds Surge – Try the Sicilian T-Bone
Things you need to know. – NFP comes in better – so think bad news is good news for the markets. – Traders/investors and Algo’s all betting that the FED is done. – They are also betting on sooner than expected rate CUTS. – Stock and Bond prices surge – yields collapse, VIX collapses – Gold down small, oil is …
