In the absence of hard-hitting analysis and rigor, the media and traders will rely on faux indicators as a crutch.
The jobs market remains strong which is exactly what the Fed is concerned about.
While there's significant commonality between the two only one stands out.
Much of the truly horrendous and contractionary macroeconomic data over the past three weeks or so were released after the December Fed meeting.
I remain wary around equities even as the market trades at much lower levels than it did to begin 2022.
The market debuts with a bang, ends with a whimper.
CRM announced a restructuring plan that would include laying off about 10% of the firm's workforce.
We are slightly more encouraged for clearer skies for the equity indexes after Tuesday.
NEM is showing a number of positive clues and we have a new price target.
The first day of trade in 2023 had a negative feel to it for equities. How negative the session was is debatable.