Here are my takeaways from the Fed meeting and why the chair is struggling with messaging as we're getting closer to seeing Quantitative Easing purchase tapering.
The Fed hopes its efforts will lead to sustainable GDP growth, but if inflation starts to run away too quickly, then Powell and company's hands could be tied.
And don't let anyone tell you otherwise.
The market's 'narrative' around falling yields isn't internally consistent, suggesting we have several competing narratives playing out at once. Here's what they are and how to position.
Is this a short term deflationary setback or the start of a more ominous trend to emerge?
Here's my take on the scorching CPI report as the Fed sits on the hot seat on Capitol Hill.
If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.
What happened to this sell-side investment bank theme we had heard so much about? Let's see.
Decide what you think the inflation story is going to be and position accordingly.
I remain short bonds based on the view that current yields are too low and don't accurately reflect the likely trajectory in inflation and economic growth.
We have gone from fear of inflation and higher rates to fear of slower economic growth and lower rates.
At least for now the issues that lead to the big moves in bonds and the reaction in equities have been set aside.
It makes sense to buy things that are undervalued and sell things that are overvalued, but take the temperature of all markets at all times.
Here's my read on why we're seeing the hawkish shift.
Here's what the numbers mean and how the market will likely evolve from here.
Let's check out the Treasury bond ETF for the latest clues.
The Fed is more hawkish, but what does that mean for investors?
Many stocks with nosebleed valuations shot higher in response to Fed policy becoming more hawkish, while many quality cheaper names sold off.
The change in the FOMC's projections in just three months' time tell us one thing: those sitting on the committee just do not know any more than do the rest of us.
While it remains highly uncertain when interest rates will actually lift off, this FOMC meeting shows we're probably getting closer.
The strength in the Russell 2000 is a positive sign for stock-picking.
What's going on inside the head of the Fed Chair or anyone sitting on the committee (FOMC) as they roll into Wednesday afternoon's block party?
Whether this move was driven by a short squeeze or by a new buyer, in the end, it doesn't make a difference.
Is the Fed ready to help markets start its rehab program or will it continue to feed the junkie?
The CPI report is likely to be hot but will the market embrace the theory that it's temporary?
Powell can no longer assume there will be many months of strong labor gains before wage pressure becomes a serious challenge.
Let's see how to invest in bonds as a way to maintain safety amid threats of rising rates.
It was one thing to be Melvin Capital earlier this year. It would be something else altogether not to have learned from that hard lesson.
Looks like there was some chatter about 'talking about' tapering of quantitative easing and about speculation. Let's dig in.
Let's talk about cycles and what will occur if the Fed Chair decides inflation isn't transitory and gives up the good fight to keep rates low.