There are two key criteria that every investor should execute in 2023. What worked for the past decade will not be the same for the next decade. Interest rates are going to be higher for longer. This post explores what that means…
A Framework when Thinking about the Fed
How fast? How high; And for how long? That’s the framework when thinking about the Fed’s policy moves. From mine, the market are offside in terms of how high and particularly how long. What we do know is the pace will slow.
“Rip Your Face Off Rally“… But What’s Changed?
It’s what you might call a “rip your face off rally”. Short traders are caught on the wrong side and scramble to cover… that’s what happened today as CPI came in slightly lower than expected. But is it reason to be jubilant? Hardly.
Inflation: How Hot is ‘Too Hot’?
CPI for October is likely to come in hot… expect a high 7-handle. But how much is too hot? Anything north of 8% cements another 75 bps; however something closer to 7.7% may give some hope the Fed can tap the brakes.
For a full list of posts from 2017…