We’ve experienced a 16% rally off the October lows. And it’s happened in short time. Why? Traders see a far more dovish Fed on much lower inflation / coupled with a mild recession. I’m not buying it… not yet.
Sorting the ‘Wheat from the Chaff’ in 2023
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…
Powell Pop… Don’t Get Too Excited
The market is popping on the hope of a more dovish Fed going forward. Chairman Jay Powell gave the market ‘hope’ by saying the Fed is likely to moderate the pace of hikes. But is that ‘really’ that bullish?
Oil: 2023 Supply Shock Coming?
2022 delivered the market a nasty oil shock. But will it be the last? I don’t think so. The oil price shock in 2023 will be due to massive underinvestment from the US in hydrocarbons (which still power 80% of all our energy needs). And if oil should fall to $65 to $70 – that spells opportunity for the year ahead – where I see oil back above $100.
For a full list of posts from 2017…