Things break when interest rates have been near zero for more than a decade and then rise ~5% in less than a year! Today's blog…
Victor Adair19 March 2023
The DJIA hit a 4-month low on Wednesday but then bounced - as fears of "higher for longer"interest rates diminished The 2-year Treasury yield hit…
Victor Adair5 March 2023
Interest rates keep rising Incoming inflation data has been hotter than expected; forward markets are now pricing another 75bps increase from the Fed (25 bps…
Victor Adair26 February 2023
Interest rates rose again this week; stocks, bonds and gold fell while the US Dollar rallied I began last week's Notes by pointing out that…
Victor Adair19 February 2023
Key Turn Date - February 2, 2023 - The Fed Will Be Higher For Longer The market was "Fighting the Fed" for the past couple…
Victor Adair11 February 2023
FOMO Alert! The Nasdaq had its highest weekly close yesterday since September, up ~13% from the 27-month lows made last October. This week's close was…
Victor Adair29 January 2023
The Anti-dollar trade Last week I wrote: Gold bugs have believed for years that gold is the original Anti-dollar, but lately, the Euro currency has…
Victor Adair22 January 2023