Powell Powell leading the way
Federal Reserve here to stay.
I’ve been writing for over a year about the economy rebalancing back to its pre-COVID trends. The massive fiscal expansion during COVID and the Fed’s accommodation of that spending via QE is what caused the spike in prices over the last 18 months. Yes, there were supply issues too but the size of the demand […]
As is so often the case for FOMC meetings, the market has moved to a critical technical inflection zone, prepared to go either way. In the very short run, today is the fourth day since the last cycle low, and the previous cycle lasted 4 days. The hour…
The rise of the podcast hasn’t just revolutionized the way in which people engage with prominent figures and how our media consumption is split up – as new data from Statista Advertising & Media Markets Insights reveals, ad-supported podcasting has lon…
The Fed meets this week and is widely expected to raise the Fed Funds rate by 0.25% to a range of 4.5% – 4.75%. The market has factored in a small probability that they do nothing and leave rates alone, but they’ll probably do what’s expected because they’ve spent the last couple of months preparing […]
For the week ended January 27, there were 38 charts with multiple buy signals as of Thursday or Friday, and only 9 with multiple sells. None…
As the NFL heads for the Super Bowl, this week the stock market will have a spectacle of its own. The FOMC Super Bowl Circus comes to town, with the question of whether or not this will be a bull market, the whole ball game.
I won’t answer that h…
The market has cleared the trendline from the January 2022 high, suggesting the end of this bear cycle. A new high above the December high…
So here we are: the global credit-asset bubbles are popping, and the illusory “prosperity” generated by the bubbles is about to tumble off a cliff.
If Powell is at this point compelled for more than push back lip service against the markets’ loosening of conditions, it will take something akin to his November 1st hawkish beat down.