Process First

Here’s the thing: the future is unknowable. That’s problematic, as this job is based on predicting what’s ... Read More

 

Stimmies

We’ve had another nice bounce, and once again, some are wondering if we’ve seen the bottom of the ... Read More

 

The CPI Disaster

The market, appropriately, focuses on Core CPI, because that’s what the Fed says they look at. Core CPI saw ... Read More

 

Hope Springs Eternal

Way back in July, we got to a level of stress historically consistent with the Fed coming in to save ... Read More

 

Managing the Chaos

We’ve had quite a bit of chaos of late, between non-Fed banks shifting a little towards protecting their economies ... Read More

 

Fed Pivot?

The BoJ pivoted with their repeated yen interventions and the BoE intervened to bail out pension funds. Perhaps the Fed ... Read More

 

What Would You Say You Do Here?

Clearly, things are getting exciting in asset-land. Unfortunately, exciting usually isn’t a good sign when it comes to asset ... Read More

 

Confirmation

I don’t intend this blog to be a weekly blow-by-blow of what’s going on in the market, but ... Read More