Market Sell-Off?

Posted on: by .

As expected the market is coming under pressure after the New Year. The problems stem from the underlying weak economy, both domestic and abroad. The economy has never been as strong as some of the headline data would suggest, because of the Federal Reserve interventionist policies have artificially boosted the data. It was always the Read more…

Easy Money

Posted on: by .

While earnings have been significantly mixed; Walmart, IBM, Chipotle and others getting crushed and Google, Amazon, and others beating – we are seeing huge volatility. There is one common theme that is a little concern, is that the net forecasts and top-line revenue results are weak. Yet, the implied volatility is getting crushed and the Read more…

Reverse Repos Ramping

Posted on: by .

The Federal Reserve Reverse Repos have been getting a lot of attention in the economic and financial wonky blogosphere, as we have seen the volume spike. Should we be concerned? Is this a sign they are about to raise rates and use the reverse repos as an alternative way to control rates? Is there possibly Read more…

BANK WEEK

Posted on: by .

It’s earnings season and while this looks to be the first earnings quarter in which S&P 500 has contracted (no growth) since 2009, there are sectors that we need to pay especially close interest to that can drive market activity. This is bank week as the many of the big name banks report. The banking Read more…

Fed Contradiction

Posted on: by .

The market remains under volatile conditions, as if the recent FOMC meeting created more ambiguity than certainty. The Fed did not raise rates, but maybe they will in October or December (the next FOMC) meetings. The market didn’t rally as many expected when the Fed didn’t hike rates and instead sold off again. Last night Read more…

Perception Shift

Posted on: by .

As expected the Fed did NOT raise rates, but the market reaction was unusual and unexpected. There are perhaps bigger problems. I think some of those problems reside in the Margin arena and I believe we will see MORE, not less, accommodative changes from both the Federal Reserve as well as margin rations in the Read more…

Sustainability

Posted on: by .

The market roller coaster ride continues and will continue until we get to that FOMC meeting. The market, investors, the world needs certainty as to what the Fed will do and also set a tone of expectations going forward – rather than this we will see attitude that is “Data Dependent” which keeps us guessing Read more…

    Older Posts >>