Degraded Economic Outlook for Europe Puts Spotlight on Global Profit Forecasts and Currencies
Disruption to energy supplies in Europe brings inflation and demand destruction, Structurally higher energy prices will undermine Germany's...
270 Views
When Real Rates Have Been This High, the Winner Is Gold
The risk facing gold is marginal compared to the risk facing US equities, and it is hard to see a scenario where gold doesn’t...
633 Views
Second Leg Down: 5% Points More on Fed Funds! Central Banks Turn Up the Heat
post-Jackson Hole the World's Central Banks have stepped-up tightening. Liquidity is skidding at an annualized 30% clip. QT policies in the US add...
1.1k Views
Headwinds Persist, Including Rising DXY, 10-Yr Treasury Yield, & Commodities; Buying Staples, Solar
We still see the market as being in pullback mode; the $SPX, $QQQ $NDX, and $IWM $RUT are all testing 50-day MA support, the first big area of...
239 Views
Charts to Watch #7
The last high is perfectly aligned with a down-sloping trendline. On the other side there is an interesting support close to 3,800. Is the index...
223 Views