The Fed Comes Clean; Inflation is Real (but temporary!) – Try the Mahogany Chicken

Things you need to know. Hello??  Fed wakes up!  Raises Inflation expectations from 2.4% to 3.4% Talking about Talking about a change has begun Dot Plot suggests not one but two rate hikes in 2023 Dollar rallies, Oil and Gold fall, Vix rise, Treasury prices fall sending yields up Try the Mahogany Chicken Wake up!  [...]

By |2021-06-17T11:07:42-04:00June 17th, 2021|Morning Thoughts by Kenny Polcari|

Let the Countdown Begin – Expectations are HOT – Try the Angry Lobster

Things you need to know. T-2 hrs until the CPI report – anxiety if running hot Futures doing nothing, Treasuries rising sending yields lower Democrats running into a problem suggesting that taxes and spending may not be as high as originally expected OIL remains above $70/barrel and Bitcoin bathing in the sunlight of El Salvador [...]

By |2021-06-10T11:10:40-04:00June 10th, 2021|Morning Thoughts by Kenny Polcari|

El Salvador is the New Financial Capital?? Oil Explodes Thru $70 – Try the Swordfish Siciliana

Things you need to know. Stocks stuck in a holding pattern MEME stocks have new members OIL – explodes up and thru $70/barrel! El Salvador becomes the Bitcoin Financial Capital Try the Swordfish Siciliana Stocks continue to move from side to side – apparently stuck in a holding pattern – as investors searched for anything [...]

By |2021-06-09T11:05:22-04:00June 9th, 2021|Morning Thoughts by Kenny Polcari|

Churn, Churn, Churn….Patience is a Virtue – Try the Stuffed Eggplant

Things you need to know. Stocks churn as investors digest G7 Tax Proposals, Yellen’s rate/inflation comments and ongoing supply chain issues. BioGen gets FDA approval for its Alzheimer’s drug – BIIB +34% FEDS – take back $2.3 mil of Colonial Pipeline Ransom = 67 bitcoins…. BTC down 8% – will it test the KEY $30,000 [...]

By |2021-06-08T11:03:41-04:00June 8th, 2021|Morning Thoughts by Kenny Polcari|

Miami Hosts Bitcoin Groupies; El Salavador Joins the Party; GS a bit Negative – Try the T-Bone

Things you need to know. It’a Bitcoin Palooza in Miami & El Salvador Janet Yellen pushes for $4 Trillion spending to spur inflation G7 ink an ‘agreement’ for a global corporate tax rate of 15% – but not so fast Treasury yields up, Oil churning, Dollar Up and Gold Down Try the T-Bone from Trentino/Alto [...]

By |2021-06-07T11:03:20-04:00June 7th, 2021|Morning Thoughts by Kenny Polcari|

Stocks await the NFP report; MEME Stocks Under Pressure; Oil is now $69.10/Barrel – Try the Mostaciolli Rigate

Things you need to know. Markets continue to churn and wait….. Tech under pressure again – is that telling us anything? Fed remains divided on the next move – Will today’s NFP change that narrative OIL is now in the $69 range, Bitcoin, Ethereum & Doggey Coin are all lower Try the Mostaciolli with Arugula [...]

By |2021-06-04T11:05:46-04:00June 4th, 2021|Morning Thoughts by Kenny Polcari|
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