The Big Short Part 2 Isn’t So Big
Written by Michael Lebowitz and Lance Roberts | Aug 16, 2023 | Daily Market CommentaryThis commentary did not get emailed out yesterday, please accept our apologies. The data has been ...
> Read MoreThis commentary did not get emailed out yesterday, please accept our apologies. The data has been ...
> Read MoreMonday's Daily Commentary highlighted four factors that could lead to a credit crunch in the mortga...
> Read MoreJaret Seiberg of Cowen & Co. wrote an interesting report pointing to the potential of a credit ...
> Read MoreYesterday we learned that Exxon (XOM) is in talks with Tesla, Ford, and Volkswagen about supplying ...
> Read MoreTen and 30-year U.S. Treasury bond yields rose sharply, with their yields piercing 4%. The driver w...
> Read MoreThe Fed has raised rates by 5.50% in a little over a year. For the most part, during that period, F...
> Read MoreAlbert Edwards of Societe Generale wrote a thought-provoking piece based on the graph below. He ask...
> Read MoreThe Magnificent Seven (Apple, Amazon, Google, NVIDIA, Meta, Tesla, and Microsoft) have been on a te...
> Read MoreThe Federal Reserve closely follows how restrictive or easy its monetary policy is. While many indi...
> Read MoreOver the last three years, massive amounts of fiscal and monetary stimulus and irregular economic a...
> Read MoreOur most recent article, Treasury Yield Curves- Is This Inversion Different, explains why inverted ...
> Read MoreOver the last thirty years, the relationship between stock prices and stock market volatility has b...
> Read MoreImplied volatility in the stock (VIX) and bond markets (MOVE) tell an unusual tale of investor sent...
> Read MoreTrading Bitcoin since its inception has been like riding a roller coaster. In January 2015, Bitcoin...
> Read More"More than 100% of SPX market cap gains this year have been driven by just 7 stocks with 3 stocks a...
> Read MoreIn its recent earnings call, Costco's CFO gave a unique warning about the potential for a slowdown ...
> Read MoreWe led a recent article about de-dollarization with the following quote: "For those losing sleep th...
> Read MoreDespite the Debt Cap circus and continual default threats, the dollar has bounced 2% over the last ...
> Read MoreYesterday's Commentary, Is the Fed Done, contemplates whether or not Wednesday's rate hike was the ...
> Read MoreWhen most economic prognosticators forecast inflation, they often base it on money supply changes. ...
> Read MoreLast week JB Hunt Transportation Services (JBHT) warned that the freight trucking sector was slowin...
> Read MoreThe graph below from Bloomberg provides an interesting analysis of what odds, so to speak, various ...
> Read MoreIn late 2020 and throughout 2021, earnings didn't matter. That statement is a little tongue in chee...
> Read MoreAfter falling about 15% from October 2022 to late January 2023, the dollar index bounced by about 6...
> Read MoreOur most recent newsletter (Analysts Warn of Recession. Analysts Disagree) discusses confusing sign...
> Read MoreBloomberg heralds "Nasdaq 100 Enters Bull Market as Bank Jitters Ease." The Nasdaq is now up over 2...
> Read MoreLong before Silicon Valley Bank failed, the banking sector was experiencing a silent bank run. Unli...
> Read MoreThe Silicon Valley Bank failure, originally considered a one-off event, is escalating and spreading...
> Read MoreThe chart below showing delinquent consumer loans is concerning but misleading. At first blush, the...
> Read MoreWednesday's Home Purchase Index fell sharply to the lowest level since 1995. The index compiled by ...
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