This Week’s Watchlist and Charts That Matter
Hey There Income Hunter, The West is moving quickly to isolate Russia through escalating sanctions, a ban on energy imports and, most importantly, a freeze on central bank reserves. But these retaliatory moves and collateral damage from them have revealed serious weaknesses in the global financial structure … Now the world will quickly move to […]
Macro Thoughts on Ukraine Invasion
Hey There Income Hunter, As the market settles down after three weeks of uncertainty and fear, it’s time to assess the damage and consider tradable ideas. Russia should soon take over the last untouched Ukrainian seaport, Odessa, and that will completely cut off the under-fire country from global markets. So, expect increased global supply chain […]
Another New High in CPI … What’s Next?
[kc_row use_container=”yes” _id=”606492″][kc_column width=”12/12″ video_mute=”no” _id=”838488″][kc_column_text _id=”36221″] Hey There Income Hunter, The Fed and Biden administration prepared the world for a high CPI number and that’s exactly what we got yesterday. Once again it was a number that came in at “the highest level in 40-years.” I am still calling for CPI to roll over […]
Dollar Collapse Is Telling
Wednesday was a crazy day in a crazy year. Everyday traders are confused and wondering what’s next … and the Russian invasion has added to an already uncertain environment. However, it was a year ago that I first introduced the idea that Russia and China were plotting the demise of the US dollar as the […]
Sanctions Are Killing The Fed
US sanctions on Russia seriously complicate the Federal Reserve’s next steps. While the Fed’s main goal is to get inflation down, higher energy prices brought on by imposed economic penalties will only make inflation worse. We will also likely see an 8%-plus consumer price index on Thursday – and that’s before higher oil prices begin […]
The Crash Has Started
[kc_row use_container=”yes” _id=”870512″][kc_column width=”12/12″ video_mute=”no” _id=”131119″][kc_column_text _id=”222084″] Hey There Income Hunters, There was a lot of white towel waving happening on Monday. The SPDR S&P 500 Trust ETF (Ticker: SPY) broke the key 430 level early on and we barely had a dead cat bounce the rest of the day. . Why […]
The Week’s Key Charts and Data
The Week’s Key Charts and Data Hey There Income Hunters, Don’t expect a pull back in volatility over the next two weeks. The Ukraine invasion will keep the unpredictable moves in the markets going, including:– Wild swings in commodity prices.– Extreme volatility in interest rates especially with $100 billion-plus in Treasury bond […]
The Bank Crush Continues
Hey There Income Hunters, Banks in the US and Europe continue to get pounced on. And it’s for good reason – bank credit spreads are widening at a fast clip. You see, credit default swaps (CDS) are a critical signpost for default and insolvency issues in the financial system. A CDS contract brings a buyer […]
The Blame Game
Hey There Income Hunter, Yesterday’s United Nations General Assembly vote revealed key insights on where China stands on the battle re: Russia. The emergency session was triggered when the Security Council couldn’t reach unanimity … And the resolution condemning Russia’s attack was overwhelming, with 141 in favor and only 5 opposed. The no votes included […]
Russia Has Helping Hands
Hey There Income Hunter, You know there has to be more than meets the eye in the Ukraine invasion. I mean Russia is really only strong militarily and the sanctions were always going to be the US response. It really doesn’t make sense for Putin to have gone at this alone. If this invasion is […]