Can things get even worse? Yes! This past week the DJI broke 30,000, gold broke $1,675, oil broke $80 and the US$ Index soared to the highest level since 2002. DJI, gold and oil are all pointed..
The Dollar took off and everything around it cratered. Everything priced in Dollars suddenly gets a lot more expensive, bearish. The break in the energies is going to be short-lived. Bonds are screaming that ..
By the Dollar Index (which is all the rave) having settled out its week yesterday (Friday) at 112.820, how far is that below the all-time high? Answer: -32%. Since 1980, the population of the U.S. has risen +49%; by how much..
Central Banks doing all sorts of moves. Just about every central bank raising rates except Japan which intervened instead. China, on the other hand, is looking better.
The overall trend in stocks looks like a bear market, the bear market rally has appeared to have topped and working on a new lower-low. There will be convincing rallies..
No surprise by the Fed yesterday. The dot plot calls for 1 to 1.25% rate increase this year. If inflation sticky then 2023's 1/4 point increase expectations will be more. Powell is fighting..
In the big picture, it won’t matter what Jay says or does today; US rates appear to be heading far higher (and rightly so) than most investors think is possible.
