Stock Market Snapshot (video)

Note: At 6:46, where I refer to "oversold" territory, meant to say "overbought."

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Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Economic Snapshot (video)

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Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Stock Market Update (video)

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Attention Non-Client subscribers: Nothing in this video should be construed as investment advice. The examples expressed relate to portfolio management we perform on behalf of our clients, and, again, under no circumstances are they to be considered recommendations to the viewer.

Morning Note: Fed to remain undeterred 'for now' by markets...

In yesterday's note I opined:

"While Powell may indeed come off tough tomorrow, his tenure thus far has been synonymous with the term “pivot.” And, make no mistake, pivot he will (but not tomorrow mind you) when he and his crew are staring down whatever breaks first..."

In terms of that "whatever" breaking; while one would think it'd be the credit markets the Fed fears the most, when we're talking investor opinion, suffice to say that all eyes are presently on the equity market. 

Morning Note: Hey, they're only human...

Fed chair Powell is believed by many to have held off on going after inflation while he awaited word that he’d have another 4 years at the helm -- as hiking interest rates and roiling markets would risk him losing favor with his anointers. Indeed, once confirmed, he did seem to suddenly come under the spell of a Mr. Hyde-esque mood of sorts.

Ah, human nature… politics… self-interest… Even amid the rapid rise of the worst inflation in some 40 years, one who could ostensibly do something about it was presumably frozen by abject self interest.

Morning Note: In Our Sights

In last Friday’s video commentary I mentioned that it’ll be a “target rich” macro environment in the years to come. The following entry to our internal market log touches on just one of the areas we have in our sights:

Quote of the Day: So Why Bother?

Video viewers have heard me repeatedly pronounce that, in my humble view, despite the tough talk, Jerome Powell and company do not aim to purposely wreck the economy and the financial markets (as unavoidable as that may be) in order to halt the wrecking ball that is present day inflation.