Things you need to know CPI is HOT, but apparently NOT HOT enough to deter investors Bill Ackman suggests it is 10% and not the 6.8% we were told PPI is due out tomorrow – BIG Central Bank week – FED, BoJ, BoE and ECB all due Try my Italian Twitter friend Remo’s Christmas Cookie [...]
Things you need to know Stocks backed off a bit ahead of today’s CPI All eyes on the clock…8:30 am will be the moment of truth The FED is now in ‘quiet mode’ but will that stop Jimmy B from taking the stage? PPI on Monday – that is the other key data point for [...]
Things you need to know Markets advance – but appear to be a bit tired PFE and AstraZeneca make real headway against Covid and its cousins Oil continued to advance; Treasury yields advanced Investors await tomorrow’s CPI report Feast of the 7 Fishes – #7 Bay Scallops in a Black Truffle Cream Sauce Risk Assets [...]
Things you need to know ***Breaking News – PFE announcing that their ‘booster’ shot is enough to neutralize ‘Omi’ – so there is NO need to develop a whole new vaccine….US futures which were down have now gone positive…. *** Stocks continue to push higher into year end, Omicron fears subside Oil up again, US [...]
Things you need to know Stocks go Risk on as Omicron Fears are Overblown Treasuries Fall, Yields Rise Oil continues to advance – now up $9 in 4 days… Fed to announce a doubling of the taper schedule Feast of the 7 Fishes – #5 – Mussels Posillipo “Yes Virginia – there is a Santa [...]
Things you need to know It was a tough week for nearly everything Crypto’s came under renewed pressure as the FED considers even more hawkish moves Oil – continues to rally even as OPEC promises to increase supply Omicron – is not turning out to be the as dangerous as they want you to believe. [...]
Things you need to know Stocks surged; NY now reveals 5 cases bringing a total of 5 states with reported cases…the other 45 surely lining up. NY Governor Houchell says – “This is NOTHING to panic about” – Whew! Mixed data on the need for a new vaccines. Will the current version be enough protection? [...]
Things you need to know – CNN has first mover advantage as the networks allow them to announce the arrival of Omicron to help take the pressure off Chris and Andy Patient #1 is in California – where will it show itself next? Stocks go from Buy to Sell in a heartbeat. And end on [...]
Things you need to know – Jay pivots – transitory replaced by TURBO Janet warns congress not to ‘eviscerate the economy’ Moderna CEO suddenly realizes that he cut his own finger off…. Sentiment today is a complete reversal of yesterday….Sit tight It’s December and I give you the Feast of the 7 Fishes It was [...]