Weekly Commentary Archives

Weekly Commentary Archives 2017-03-02T11:32:28+00:00

February 15, 2019: No Holds Barred

The world is now fully embroiled in a most precarious period. I wonder if the Fed is comfortable seeing the markets dash skyward – the small caps up 16.4% y-t-d, Banks 15.9%, Transports 15.2%, Biotechs [...]

February 16th, 2019|

February 8, 2019: Delusional

February 8 – Bloomberg (Brian Chappatta): “Bond traders are dusting off their tried and true post-crisis playbook after the Federal Reserve’s pivot last month. What they don’t realize is that the game has most likely [...]

February 9th, 2019|

February 1, 2019: No Mystery

January 30 – Financial Times (Sam Fleming): “After putting traders on notice six weeks ago to expect further increases in US interest rates in 2019, the Federal Reserve… executed one of its sharpest U-turns in [...]

February 1st, 2019|

January 25, 2019: Just the Facts

For the Week: The S&P500 slipped 0.2% (up 6.3% y-t-d), while the Dow added 0.1% (up 6.0%). The Utilities increased 0.7% (up 0.6%). The Banks added 0.7% (up 14.5%), while the Broker/Dealers declined 1.5% (up [...]

January 25th, 2019|

January 18, 2019: Monetary Disorder 2019

Please join Doug Noland and David McAlvany this Thursday, January 24th, at 4:00PM EST/ 2:00pm MST for the Tactical Short Q4 recap conference call, “The 2019 Secular Shift: Beginning the Long, Difficult Road.” Click here [...]

January 18th, 2019|

January 11, 2019: Issues 2019

Please join Doug Noland and David McAlvany Thursday, January 24th, at 4:00PM EST/ 2:00pm MST for the Tactical Short Q4 recap conference call, “The 2019 Secular Shift: Beginning the Long, Difficult Road.” Click here to [...]

January 12th, 2019|

January 4, 2019: Global Markets’ Plumbing Problem

“Goldilocks with a capital ‘J’,” exclaimed an enthusiastic Bloomberg Television analyst. The Dow was up 747 points in Friday trading (more than erasing Thursday’s 660-point drubbing) on the back of a stellar jobs report and [...]

January 4th, 2019|

December 28, 2018: Thoughts on Liquidity

“Money” challenged – and often confounded – economic thinkers for centuries. It functions both as a “medium of exchange” and “unit of account.” Simple enough. Too often the focus has been how to use money [...]

December 29th, 2018|

December 14, 2018: The Perils of Inflationism

December 13 – Financial Times (Chris Giles and Claire Jones): “When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the [...]

December 15th, 2018|

November 23, 2018: Just the Facts

For the Week: The S&P500 dropped 3.8% (down 1.5% y-t-d), and the Dow fell 4.4% (down 1.8%). The Utilities declined 1.4% (up 1.4%). The Banks lost 2.3% (down 8.1%), and the Broker/Dealers fell 2.8% (down [...]

November 23rd, 2018|

November 9, 2018: Back to Fundamentals

The Dow (DJIA) jumped 545 points (2.1%) in Wednesday’s post-midterms trading. The S&P500’s 2.1% rise was overshadowed by the Nasdaq Comp’s 2.6% and the Nasdaq100’s 3.1% advances. Healthcare stocks surged, with the S&P500 Healthcare Index [...]

November 9th, 2018|

November 2, 2018: MBS and the Core

The Dow (DJIA) traded as low as 24,122 in late-Monday afternoon trading. By Friday’s open, the Dow had rallied 1,457 points, or 6.0%, to 25,579. Relatively speaking, the Dow was a tame kitten. From Monday’s [...]

November 2nd, 2018|

October 19, 2018: Moscovici and the National Team

From the perspective of monitoring an unfolding global crisis, things turned only more concerning this week. The Shanghai Composite declined to 2,450 in early Friday trading, the low since November 2014 – and down almost [...]

October 19th, 2018|

October 12, 2018: Rude Awakening Coming

Please join Doug Noland and David McAlvany this Thursday, October 18th at 4:00PM EST/ 2:00pm MST for the Tactical Short Q3 recap conference call, “Market Contagion is Back.” Click here [...]

October 12th, 2018|
Load More Posts

Copyrighted Image

Get your FREE Brochure on Tactical Short Strategy