Just Another Bear Rally?
In a stark contrast to the absolute abomination of capital markets in Q3, we are starting of Q4 in quite stunning fashion…but is it just a farse? Stocks absolutely ripped … Read More
Category: Economics
That Shit Hurted
Yikes. Where do we even start? I guess Fed Chairman Jerome Powell really started the party this week by solidifying a 75bps rate hike, which sent equities into an absolute … Read More
Outflows in U.S. Equities Continues – You Hate To See It
THE OUTFLOWS CONTINUE. According to data published by Refinitiv Lipper, investors withdrew $14.83 Billion out of U.S. equity funds, which is the largest outflow since June 15. We may be … Read More
From Jackson Hole With Love
As anticipated by many, the maestro Jerome Powell delivered a pain-inflicting talk at Jackson Hole two Fridays ago which sent quite literally everybody into a frenzy, and sent markets capitulating … Read More
Powell Is Pissing His Pants
The writing was absolutely on the wall here. Powell will be speaking at Jackson Hole Friday morning in what will presumably be a “hawkish” address to the American public. Can … Read More
China’s Real Estate Market Is Faltering; Enter Liquidity
With mortgage boycotts taking place in China from July over unfinished projects and angry potential buyers, the world’s second largest economy is reeling and putting pressure on the country’s government … Read More
TTYL Inflation; Welcome Recession
We have presumably reached peak inflation, as Wednesday’s July CPI report was unchanged month to month, but remained 8.5% YoY. This marked the end of a 16-month streak of monthly … Read More
Atlanta Fed Cuts Q3 GDP Forecast
When it rains, it pours. After posting two consecutive quarters of negative GDP growth, the Atlanta Fed officially revised their Q3 GDPNow forecast down to just 1.3%, down from 2.1% … Read More
Wal(Mart) of Worry
As if the dim lights, questionable individuals, and poor customer service wasn’t enough, Walmart announced today that it was cutting its profit outlook for the second quarter and fiscal year … Read More
Fed Put Incoming?
With the Fed expected to deliver another 75bps rate hike this week to quell the inflationary shitstorm they unleashed out of Pandora’s Box, investors are betting that the Fed will … Read More