Two items for “Data” today: Topic #1: Today’s US Consumer Price Index report and its effect on market expectations for future Federal Reserve monetary policy as well as an analysis of whether inflation causes recession. Four points here:...
Three “Data” items today: Topic #1: The bounce in US large caps since the +36 CBOE VIX Index close on March 7th (36.5, to be exact). There are 3 VIX levels where we recommend adding to US equity positions: 36, 44 and 52. These are,...
Three “Data” items today: Topic #1: The latest Atlanta Fed GDPNow estimate for Q1 2022 is out. We prefer this algorithmic model to human economists for 2 reasons. First, it tends to be more accurate. Second, the Atlanta Fed routinely...
Even after today’s rally, the S&P 500 is still down 6.2 percent year-to-date, so will US large caps be able to squeeze out a gain this year? There’s still a long way to go in 2022, but the S&P just registered 3 straight years of...
Excerpt from the Wall Street Journal quoting DataTrek co-founder Nick Colas: …. “Whenever we see equities churn lower, as they have this year, we are mindful that the risk of a meltdown grows rather than diminishes,” said Nicholas...
Excerpt from MarketWatch quoting DataTrek co-founder Nick Colas: …. “But this time around, not only is inflation running at a roughly 40-year high, unemployment sits at 3.9% and the economy appears relatively resilient thanks to solid...
