The market is currently being led by one thing: what we see with bond yields.
Why Bad (Jobs) News Could be Good News
A ‘bad print’ for the number of jobs created (or lost?) over July could actually be good news for stocks. On the other hand, a strong number only amplifies the Fed’s resolve to hike
Remain Vigilant When Adding Risk
Over the next few weeks we will hear how US companies navigated a difficult Q2. More importantly, we will also receive guidance looking forward. This will lead to analysts lowering their earnings targets… something the stock market is yet to price in.
CPI Exceeds 9% YoY – Fed to Stay the Course
CPI for June was a white-hot 9.1% YoY. But should that be a surprise? Not really. What it does suggest is two consecutive rate hikes of 75 basis points… however most of that has been priced in.
For a full list of posts from 2017…