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July 28, 2022
This guy is unbelievable pic.twitter.com/Wbdftnoto8 — Inverse Cramer (@CramerTracker) July 26, 2022
This guy is unbelievable pic.twitter.com/Wbdftnoto8 — Inverse Cramer (@CramerTracker) July 26, 2022
Today's topics include final check-in before today's FOMC meeting, in search of neutral, the Fed's profit margins are being squeezed, the Phillips curve, European gas still on the rise, housing will determine odds of recession, the dollar, draining the strategic petroleum reserve, big earnings day tomorrow, financial espionage, and even Cathie Wood is giving up on Coinbase.
Inflation is a global problem, but the U.S. has a bigger problem than most. The U.S. increased its money supply more than any country and sent out more pandemic stimulus than anyone else. So, while the Fed cannot print ships or barrels of oil, they can rein in this excess demand-driven inflation by remaining aggressively hawkish.
Some market sentiment measures have reached levels at which the Fed used to intervene. With the fight against inflation now a top priority, the Fed put can no longer be relied upon.
Today's topics include checking in on yield curves, don't expect too much guidance at tomorrow's FOMC meeting, inflation becoming more entrenched in Japan, keeping an eye on Nord Stream flows, dr. doom sees severe recession, big oil profits, the benefits of hybrid work, stablecoin regulation delayed, and negative-yielding debt.
A replay of our July 28, 2022 conference call.
With Q2 2022 earnings season underway, revenue and earnings growth expectations stagnated and expectations for future growth are declining as uncertainties around the economy grow.
Today's topics include everyone has an opinion on Fed policy, markets expect rate cuts in 2023, move along...no recession to see here, the strong dollar's effect on earnings, the middle class squeeze, globalization lives on, the ECB's transmission protection instrument, the 60/40 portfolio, more signs of strain in European energy markets, and it pays to switch jobs
Economists continue to forecast the Fed will back off on its aggressive rate-hiking campaign. Underlying this belief is a view that the world has not changed post-pandemic. However, we now live in a world of supply challenges. Pumping up demand, as these economists want, will make things worse.