Is “Running Hot” Inflation Wise and Humane?

Is “Running Hot” Inflation Wise and Humane? “To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.” – Janet Yellen “To me, the weather is perfect when it’s 75 degrees.” Both statements have some truth to them but severely lack context. Even if it is 75 degrees, can I call […]

Technically Speaking: Slowly At First, Then All At Once

Bull markets always seem to end the same – slowly at first, then all at once. My recent discussion on why March 2020 was a “correction” and not a “bear market” sparked much debate over the somewhat arbitrary 20% rule. “Price is nothing more than a reflection of the ‘psychology’ of market participants. A potential mistake in evaluating ‘bull’ or ‘bear’ markets […]

Fed Starting Campaign To Taper Its Asset Purchases

Over the last couple of months, the Fed started its campaign to prepare markets for a “taper” of its asset purchases. Michael Lebowitz noted that Jerome Powell repeatedly affirmed the Fed “isn’t even thinking about thinking about tapering.” “As Chairman of the Fed, his opinions take precedence over those from other Fed members. Regardless, other Fed members are not entirely […]

Reviewing Market Signals As Warnings Increase 06-11-21

In this 06-11-21 issue of “Reviewing Market Signals As Warnings Increase.“ Reviewing Market Signals Warnings Increase Bonds Say Deflation Is A Risk Portfolio Positioning #MacroView: Rates, Dollar & The 2021 Outlook Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Are you worried about the potential for a market correction, a surge […]

#WhatYouMissed On RIA This Week: 06-11-21

What You Missed On RIA This Week Ending 06-11-21 It’s been a long week. You probably didn’t have time to read all the headlines that scrolled past you on RIA. Don’t worry, we’ve got you covered. If you haven’t already, opt-in to get our newsletter and technical updates. Here is this week’s rundown of what you missed. RIA Advisors Can […]

#MacroView: Rates, The Dollar & The 2021 Outlook

As we move into the second half of 2021, interest rates and the dollar continue to shape the outlook. Of course, much of the debate focuses on whether rates and the dollar continue to miss the bigger picture. For example, just recently, Jim Bianco tweeted a critical point. However, while I very much respect his opinion, I am not sure […]

Two Pins Threatening Multiple Asset Bubbles- Part II

Part One of this article showed how growing wealth inequality might pressure the Fed to taper QE and/or raise interest rates. Given the indirect market liquidity resulting from the Fed’s stimulus, a reduction is likely a headwind for many asset prices. In this follow up we discuss another proverbial needle looking for asset bubbles; Financial Stability. Financial “Stability” Blindness Fed […]

Technically Speaking: Warning Signs A Correction Is Ahead

After a decent rally from the recent lows, there are multiple warning signs a correction approaches. Over the last few weeks, we discussed the rising risk of a correction between 5-10%, most likely this summer. Such drawdowns are historically very common within any given year of an ongoing bull market. As Sentiment Trader recently noted, we are now in one […]

Have Stocks Already Priced In The “Economic Boom?”

The media is buzzing with claims of an “Economic Boom” in 2021. While the economy will most certainly grow in 2021, the question is how much is already “baked in?” “The economy has entered a period of supercharged growth. Instead of fizzling, it could potentially remain stronger than it was during the pre-pandemic era into 2023. Economists now expect the […]

Market Hits All-Time Highs As Money Flows Peak 06-04-21

In this 06-04-21 issue of “Market Hits All-Time Highs As Money Flows Peak.“ Market Review And Update Risk Of A Summer Sell-Off The Lack Of Value In Value Portfolio Positioning #MacroView: Yellen’s Push To Offshore Labor Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Catch Up On What You Missed Last […]