Economic Data
Now It's All One Big Macro Trade
The liquidity that pushed up all risky assets is now the leading factor in taking them down.
Trading These Markets, April Data, Fed Speak, AMD Moves
There's no doubt that the Fed Chair was about as hawkish as we have ever heard him, but his crew seemed to try to temper that hawkish posture.
Inflation Is Killing the Consumer
It doesn't take much imagination to see how the average consumer is falling behind and losing substantial buying power.
Worries About a Potential Recession Are Building
For now, this is a bear market, and strength cannot be trusted.
Markets, Not So Confident Fed, Stocks Losing Streak, China Economy, My Trades
This week's earnings focus will be on the retailers with rivals such as Walmart and Target, as well as Home Depot and Lowe's reporting.
China's Economy Could Be Shrinking as Big-Ticket Purchases Stop
China's government is more concerned about stopping the spread of Covid-19 than spurring the economy back to life.
I'm Looking for This Bounce Action to Continue Higher
Market participants are betting that the worst has already been discounted.
China Faces 'Tsunami' of Covid Infection That Could Swamp the System
A new study suggests 1.55 million people could die if China abandons zero-Covid, with the intensive-care system needing 15.6 times existing capacity.
Market Recon: Several Thoughts Ahead of Wednesday's CPI Data
This morning's CPI print will certainly be this week's (month's) catalyst if there is to be a short-term rally in equities.
Kass: Are Market Structure and the Lack of Liquidity the Greatest Risks of All?
For over a year I have been vehemently warning about the risks associated with speculative stocks and gewgaws.
Marcos Set to Take Power Over Past and Future in the Philippines
Bongbong Marcos has operated almost exclusively through social media during his campaign, calling for 'unity' and glossing over his father's dictatorship.
Index Road Kill, S&P 500 Has a Pulse, Sector Slaughter, Betting on CEOs
Plus, we take a revealing look at the movements in the yield curve and pop in on the dismal charts of Shopify and Peloton Interactive.
3 Key Fed Takeaways, the Rally, Deciphering Price Discovery, Less Than Convinced
Has the FOMC heeded Market Recon's advice? Probably not.
Fundamentals? It Has All Been About Central Bank Liquidity!
All eyes will be on the Fed this Wednesday to see if this 'weakness' will or can cause them to reverse their policy.
Friday's Beatdown, Indexes Crushed, Equities, Earnings, Trading Environment
I would think that there could be a sharp rally at some point this week. There will be plenty of news.
A Real Rally, GDP Downer, FOMC in a Pickle, Trading Apple and Amazon
Plus, a close look at the scary decline in Americans' disposable income.
Busting a Few Myths About the Fed and Inflation Fighting
If by the end of 2023 inflation is around 2.6% and unemployment is around 3.8%, then I'd hardly call this period a failure.
When Bearish Sentiment Meets Bullish Seasonal Trends
Typically the bulls take control of the markets now, and they continue to lead the way into the summer months. But It's just not happening.
Is it Time to Sell in May and Go Away?
Let's recap some of the main worries behind the selloff. Unfortunately, I think the trading action gets worse before it gets better.
An Awful Situation, Surging China Pandemic, Markets Find Religion, Fed, Earnings
One positive takeaway last week was the very low trading volume for Nasdaq-listed stocks in aggregate and for constituent names of the Nasdaq Composite.
We're Sailing in Recently Uncharted Waters Here
Watch out for the stress in the financial system.
Don't Look at Equities, Look at What FX and Bonds Are Signaling
The Fed is running the same experiment over and over again expecting a different result.
Economic Stresses Now and to Come Make Most Equities Unappealing
Reduced global growth expectations amid war, inflation and supply chain issues should give investors pause.
Recession Blame, Bullard Speaks, Real Yields, Mortgage Rates, Trading Lockheed
It was what the St. Louis Fed President said regarding short-term rate targets that left the deepest impression.
Rising China Recession Risk Could Be Exported Around World
China's economy grew 4.8% in Q1, but many China watchers say the numbers are getting increasingly unreliable.
Fed, Interest Rates, Earnings, Markets, China's Economy, Domestic Economics
Place a percentage on the likelihood of recession? It sounds more like someone trying harder to not get it wrong than trying to get it right.
Doug Kass: How Did Bank Stock Investors Get So Clueless?
Banks stocks are still a 'full-on Monet.'
The Market Is Flipping Elon Musk the Bird
Also, play the companies that benefit from inflation, not Cathie's clowns, which are hurt by it.
I Like JPMorgan But Is Now the Time to Invest?
It's not everyday that one hears the CEO of a major money center bank come out and tell you that the future just might not be all that bright.
The Time for Inflation to Be Resolved Benignly Has Passed
The possibility of a recession in the quarters ahead cannot be dismissed.