In late 2020 and throughout 2021, earnings didn’t matter. That statement is a little tongue...
Is TLT Signalling Coming SPY Weakness?
Throughout 2022, higher bond yields scared off equity investors. Such a relationship is not...
Dollar Index Sits on Key Support
After falling about 15% from October 2022 to late January 2023, the dollar index bounced by about...
Big Banks Don’t Disappoint
JP Morgan and Wells Fargo led off earnings season on Friday. Despite the woes hitting smaller...
Fed Downgrades Forecast to a Mild Recession
The FOMC minutes show Fed members collectively downgraded their economic forecast for 2023. Instead...
Equity Volatility Grinds to a Halt
Volatility in the equity markets has fallen significantly over the last few weeks. The graph below...
Hedge Fund Shorts Are Extreme
At the bottom of this Commentary, we share a popular Tweet warning that Hedge Funds collectively...
Bank Loans Shrink At A Disturbing Pace
CPI, Retail Sales, and Employment are often the three most important economic data releases in a...
30 Year Yields Break Lower
We added to our 30 year UST bond exposure on Wednesday via the ETF TLT. The recent rally in bond...
Will Robots Dominate the Workforce?
As we gear up for Friday’s employment report, we wonder if we are in the dying days where the...