Things you need to know ECB raised by 50 bps and introduces a new initiative Draghi resigns – Italy to hold Snap elections in September Speaking of SNAP….SNAP SNAPPED! – stock is down 27% in one move Is AT&T telling us to get ready for tougher times ahead? Try the Pan Seared Rib Eye – Bathed in Butta! The ECB …
Vlad Turns On the Nat Gas, Europe Exhales – Try the Mussels Posilipo
Things you need to know Vlad turns on the pipeline allowing Europe to catch their breath – but for how long? Oil is under pressure – down $5 as inventories rise – suggesting demand destruction Housing under attack, mortgage apps continue to fall Earnings, earnings earnings… Try the Mussel Posillipo Stocks ended the day up….Nasdaq and the Russell (small and …
The Sun is out and Stocks Sizzle, Europe Waits for Nat Gas – Try the Mostacioli
Things you need to know It is HOT out there and stocks sizzle Demand for energy surges around the globe What will Vlad do with the Nordstream Pipeline? – Europe awaits Treasuries remain inverted – but no one even talks about it anymore Earnings continue to dominate the news Try the Mostaccioli w/Sweet Sausage, Red Onion, and Cannelloni Beans It …
Apple Causes the Mkt to Reverse? Hardly! Try the Linguine and Clams
Things you need to know Stocks tried to advance – and then failed The failure being credited to caution at Apple – Ridiculous IBM beats across all lines but warns of $ strength – algo’s take it down T-48 hrs – what will Vlad do with Nordstream Try the Linguine and Clams So the Fear of Missing Out – blew …
Stocks Rally – GS says ‘Don’t Worry about a 100 bps Hike – Not Happening/Try the Chicken Scarapiello
Things you need to know – Stocks Rally – GS says the FED is only going to hike by 75 bps Lots of global central bank action this week Big earnings week as well… Try the Chicken Scarapiello Eco data on Friday suggests that the consumer is alive and well….Advance Retail sales came in at +1% a bit stronger than …
PPI is HOT, Capacity Utilization is HOT too – Try the Hamburger Helper! (think cost efficient)
Things you need to know PPI supports what the CPI told us – inflation is NOT going away JPM and MS report – they miss because they need to allocate more to loan loss reserves – Was that really a surprise considering where we are? More bank earnings today expect the story to be the same The yield curve remains …
CPI Boils Over, PPI Next? Rates to Rise by 100 BPS – Try the Potato & Eggs (it’s affordable)
Things you need to know CPI boils over, what will PPI do? The FED is NOW expected to go 100 bps on July 27th. ECB is now in focus – how will they respond? Dollar strength is causing commodities to back off Let us go with the Potato & Eggs for Breakfast, Lunch and Dinner It is HOT in the …
Earnings and CPI Angst Hit Stocks – Try the Grilled Pork Chops w/Sweet Vinegar Peppers
Things you need to know Stocks remain weak ahead of tomorrow’s inflation print Dollar keeps kissing new highs pushing commodities lower Treasury prices rise sending yields lower Earnings angst sending stocks lower Amazon Prime Day Extravaganza cutting prices across the board – TGT, WMT, M and others follow suit…. some cutting prices by 70%! Try the Grilled Pork Chops with …
It’s a BIG weeks for DATA & Earnings – Try the Porcini Rub
Things you need to know It is a big week – CPI, PPI & Earnings Watch what the FED Heads say on Wednesday afternoon as CPI is expected to jump by 1.1% m/m What will the big banks say on Thursday and Friday – are Loan Loss reserves going up? Auto repossessions on the rise – is that a canary …
NFP Today but CPI and PPI Next Week – Try the Linguine w/Arugula Pesto
Things you need to know Stocks rise as investors bet the FED will blink Fed’s Waller and Bullard say – ‘don’t bet the ranch’ Oil – rebounded after the beating earlier in the week NFP today – but CPI and PPI are next week – they are more important Try the Arugula Pesto w/Toasted Garlic Bread. It was a …
