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Category: Opinion

Rate Cut Show

The circus is back in town and it’s putting on a major show, the rate cut show.  Some thoughts for your consideration: Firstly, the expectation is for a 25bp rate cut. That’s […]

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Do Not Mix

A couple market lessons from history perhaps worth considering for both bulls and bears. I’m an analytical soul. Data and facts matter to me. But clearly they don’t blend well in our […]

Curveball

If you went panic chasing into stocks following Jay Powell’s ‘ready to act’ speech on June 4 on the expectation for imminent rate cuts you just got thrown a curveball: Economic data […]

Global Fail

I can’t emphasize this point enough: The fact that central banks are about to embark on a new easing cycle, here and now, represents a global fail of epic proportions the magnitude […]

Game Over

Game over. The grand central bank experiment of the last 10 years has ended in utter and complete failure. The games of cheap money and constant intervention that have brought you record […]

The Fed is IT

Please don’t anybody act surprised by today’s rally. We were oversold, we hit key technical pivots and a bounce was due, but the trigger was well advertised in advance. 13 Fed speakers […]