Today's topics include misreading the Fed, Russian gas crisis, easy money gone for fintech, what consumers think of inflation, chances of a US recession, the housing market, markets question credibility of central banks, and looking at the future of crypto
Today's topics include bonds as a diversifier, worst bond rout since 1780s, betting against the BoJ, using financial conditions as a policy tool, central bank credibility, unaffordable rents, refiners reaping profits?, and quants profiting from crypto's fall
Last week, the S&P 500 officially entered a bear market. The Fed's aggressive tightening has many calling for a recession, but forward earnings estimates have actually moved higher. Earnings estimates are almost always incorrect as recessions begin.
Today's topics include breaking down inflation, an eye on rents in the US & UK, measuring inflation expectations, anecdotal evidence of a cooling labor market?, updating recession odds, valuations, higher gas prices hit demand, and OPEC production
A replay of our June 23, 2022 conference call.
Today's topics include talkin' markets, expecting a recession, 75 in July, balancing jobs & inflation, shortages, the impact of higher rates, a two front battle, the crypto winter, and new technology brings manias
A long-term look at labor statistics since 1774
A long-term look at home prices