The indices are on the verge of rolling over. Bloomberg writes for the fifth time this year the S & P 500 has traded to this pivotal support line and in every instance rebounded. Will today be ...

20 July, 2021

Friday Bloomberg quoted a $2.2 billion Treasury portfolio manager at Wells Fargo with 30 years of experience stating “The Fed has killed the interest rate cycle. I think the Fed determines we are on a ...

19 July, 2021

FRB Chair Powell is adamant inflation is “transitory,” that current generational high prints for the inflation statistics are “one and done.” It appears the only group that believes this perspective is the Fed itself and ...

15 July, 2021

The month-long advance in Treasury prices is incredible based upon the data. The Citicorp Inflation Surprise Index is at an all-time record, defined as the difference between expected and ...

08 July, 2021

Value led yesterday’s decline perhaps the result of a disappointing ISM non-manufacturing report. The service sector is not expanding as strong as expected, primarily the ...

07 July, 2021

June’s employment data surprised on the upside with payrolls gaining the most in 10 months. The unemployment rate however rose to 5.9% because more people voluntarily left their jobs to ...

06 July, 2021