The evidence that inflation Is slowing Is mostly circumstantial.
Interest rates tell us a story.
The most worrisome thing during a horrendous week was the news flow really didn't justify such poor action.
November's jobs report puts stocks in a tough spot: either the Fed is going to keep hiking or we are going to get a recession.
The longer prices remain at these levels, the greater the impact upon the 50-day average. Here is what we need to see to reverse it.
If you wanted to do more to make things right with this economy than whatever the Fed is about to do, then we need more people in the workforce.
Not only are European and Asian equity markets trading in the hole, but so are domestic equity index futures.
The narrowing of spreads on Treasury notes remains a matter of concern, as we also look at Coupa Software.
Treasury bears have been bold and vocal, but sentiment should change to catch up with stocks and commodities.
There is a great trading lesson in Wednesday's market move.