Things you need to know What was all the panic about? Covid – That would be a mistake Policy decisions and macro data and company/industry news should be your drivers Global markets all higher today, but I think Santa is still in lockdown mode Treasury yields up, Oil up, Dollar up and the Vix is [...]
Investor’s re-think everything – as Santa Claus gets ‘locked down’ Hysteria around rising case counts vs. severity counts – there is a difference Europe threatens renewed lockdowns, US is said to be mulling it over as well – Blue states on the edge MRNA comes out and reports efficacy rates for their ‘booster’ (conveniently it’s [...]
Things you need to know Investors re-think the commentary It’s a big options trade day today and many are pointing to that to explain the weakness BoE raises rate taking first mover advantage, the ECB stands still Oil rallies yesterday on increased demand and falls today on increased cases of Omicron – Yet GS has [...]
Things you need to know History does repeat itself…. Get to know the 1978/79 Wage/Price Spiral In this case – it’s good to be a dinosaur – because WE remember what happened. Expect markets to churn into the 2 pm hour – when the show starts. IEA cutting demand for oil because of Omi – [...]
Things you need to know There is an ELEPHANT in the room and his name is Dumbo…. Market weakness is not about Omi, Delta or even Covid 19 PPI report expected to be even HOTTER than the already HOT estimate FED announcement tomorrow – The Q is about rates not taper. Try the Linguine Puttanesca- [...]
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 [...]