High-level macro-market insights, actionable economic forecasts, and plenty of friendly candor to give you a fighting chance in the day's financial fray.
With you 100% on this one. Just look at the T-Bill vs the EY,an indicator that worked to perfection in prior inflationery periods. Why play a losing game fighing the Fed when rsk free 5.50+% ylds are here. I think we will son see 6% + ylds soon before the Fed is finished that willm sink stocks.
" You’d think an objective journalist would have brought up at least a few of these..." These being the factors that contribute to Recession...But, given that most Wall Street Types make Their living from crowing about "Equities only go up...", You can bet your bottom Dollar that They will be cheer-leading the rise in Markets right up until the Collapse...
Lovely take, David. Time and price greatly favour the bears. Surprise hikes from pausers seal it. It's the INFLATION Monster, stupid. Hyper Stagflation shock incoming! Gotta LOVE LOVE LOVE GOLD here, methinks. In God and Gold I Trust
With you 100% on this one. Just look at the T-Bill vs the EY,an indicator that worked to perfection in prior inflationery periods. Why play a losing game fighing the Fed when rsk free 5.50+% ylds are here. I think we will son see 6% + ylds soon before the Fed is finished that willm sink stocks.
" You’d think an objective journalist would have brought up at least a few of these..." These being the factors that contribute to Recession...But, given that most Wall Street Types make Their living from crowing about "Equities only go up...", You can bet your bottom Dollar that They will be cheer-leading the rise in Markets right up until the Collapse...
Lovely take, David. Time and price greatly favour the bears. Surprise hikes from pausers seal it. It's the INFLATION Monster, stupid. Hyper Stagflation shock incoming! Gotta LOVE LOVE LOVE GOLD here, methinks. In God and Gold I Trust
You did a great job with Adam and I completely agree with your take on things today. Please go to a paid subscription so you can provide specifics!!!
Thank you David. I love this concise but content rich summary.
Excellent commentary and analysis as always. Thanks!
Thank you, Alex E, nice to hear from you again.