Today's topics include does the pace of a hiking cycle matter to inflation?, big retail trades on individual stocks, yield curve & recessions, checking in on housing, bill supply & liquidity in Treasuries, inflation impact on investing, BoE hikes, shorting stocks, can we see a small cap rally?, and filling empty city offices
Today's topics include focus on the economy rather than the Fed, greedflation, refuting the inverted yield curve's message, domestic stock vs. international stock returns, private equity's rising interest costs, 0DTE, inflation proving persistent in the UK, housing starts, and money market funds' day in the sun
Today's topics include sizing up the Fed's Reverse Repo Facility, inflation remains stubbornly high, comparing yields, RSI as a contrarian indicator, the death of downtowns, wage-price spirals, corporate pay, more on China's struggles
Today's topics include Fed's Reverse Repo Facility usage falls to lowest level in a year, macro talk, Summers questions the politics of the Fed skip, the market isn't buying what the Fed is selling, central bank policy diverges, inflation is pushing retail sales higher, declining mobility & the housing market, SEC looking into Goldman's role in SVB's collapse, and Bostic violates trading rules again
Today's topics include a skip & two hikes, could financial stability concerns overtake the fight against inflation?, understanding Fedspeak, the curve inverts further, used cars' contribution to inflation, China's slowdown, fiscal policy criticisms, and more on the crypto lawsuits
The S&P 500 has entered a new bull market after rallying 20% from its low last year. A lack of market breadth and uncertainty regarding the economic and inflation outlook in the U.S. has investors positioning for more trouble in the stock markets. Fixed income sentiment is mixed.
Today's topics include one last check-in on FOMC expectations, how restrictive are rates?, a post-mortem on yesterday's CPI release, Judy Shelton has some advice for the Fed, the slide in same store sales, refilling the Strategic Petroleum Reserve, and an update on Binance's asset freeze