“Senator” Powell Played Politics All the Way
Hey There Income Hunters, J-Pow is the greatest political Fed chair since Alan Greenspan. And it was absolutely hilarious watching Greenspan speak out of both sides of his mouth. He admitted after leaving the Fed that his goal was always for people to walk away not really sure what he said. Powell must have taken […]
The Insiders are Selling Everything
Hey There Income Hunters, I worked for the major banks early in my career and had access to incredible information. For instance, in 1998 the Long Term Capital Management (LTCM) crisis nearly took the banking system down because of how much money LTCM borrowed from the banks and then went belly up. At the worst […]
Absent a Fed Walk Back This Week, Look Out Below!
Hey There Income Hunters, J-Pow really shocked the markets last week when he took an already aggressive tightening stance and turned the screws even further. Consider these headlines: The Fed may begin absolute reduction of the balance sheet once QE stimulus is removed Once QE is removed the Fed could begin raising […]
Jobs Report Fuel for Fed Hawks
Hey There Income Hunters, The initial headline print of 199,000 payrolls added versus expectations near 500,000 was disappointing. But the internal data told a very different story. First, revisions to previous months brought the increase closer to 340K and the unemployment rate down to 3.9% from 4.2%. The most significant data […]
Rotation Is the Winning Game in 2022
Hey There Income Hunters, We talk a lot about going with the flow, and in 2022 that will be more important than ever. Here’s why … The Fed is attempting an impossible balancing act that will make it difficult to trade longer-term this year. Jerome Powell is being forced to talk […]
The Fed Doubles Down on Tightening … Look Out Below
Hey There Income Hunters, I don’t think anyone could have predicted the Fed would lean THIS hawkish. The FOMC’s opinions on the start and pace of rate hikes was actually startling. Based on their opinions regarding the labor market and inflation, Fed members’ believe a federal funds rate increase sooner than they […]
Tech Breaks Down on Higher Bond Yields
Hey There Income Hunters, As I mentioned yesterday, the new year has brought the Bond Bears out of hibernation. As you can see from US 10-year yields chart below, the rate is up almost .20% to the 1.7% level we reached in November and December. This has been the biggest […]
2022 Is Off and Running
Hey There Income Hunters, Everyone loves a new year. A fresh start. A clean slate. For some it’s a new wave of resolutions with hopes of the chiseled body they’ve been dreaming about. For traders it’s renewed confidence you can take your game to the next level. Power Income […]
2022 Macro Predictions You Need
Hey There Income Hunters, Hear me now … 2022 will be one heck of a volatile year in the US. Now, it should get off to a fairly tame start … and then build for a dramatic turn around mid-year. But, as always, the macro picture driver will be Fed and US Government policy – […]
Winning Trades for Q1 ‘22
Hey There Income Hunters, The great thing about turning the page to a new year is it can fuel a psychological shift in forecasts. I am pretty defensive going into 2022 and I don’t think the market has come to that view yet. The Fed coming into the year with an accelerated […]