"What's the Fed going to do?" was the Big Question in 2022, but it won't be the Big Question in 2023 The Fed raised short-term…
Victor Adair8 January 2023
Market sentiment: the Big Question has changed For the past several months, the Big Question has been, "When will we get Peak Fed?" The sentiment…
Victor Adair18 December 2022
Crude oil and gasoline prices hit 12-month lows WTI, Brent, and Nymex gasoline front-month futures traded at their lowest prices in twelve months this week.…
Victor Adair11 December 2022
Markets react to a "slowing" Fed Leading up to Powell's scheduled Wednesday speech, some market participants were likely positioned for a re-appearance of "tough-guy" Powell…
Victor Adair4 December 2022
The DJIA closed at a seven-month high this week The DJIA closed higher for seven of the last eight weeks. It rallied ~5,600 points (19%)…
Victor Adair27 November 2022
The "too far, too fast" moves have stalled In several of my Notes over the past few months, I've made the point that traders have…
Victor Adair20 November 2022
Lower-than-expected October CPI inflation inspired HUGE rallies in stocks, bonds and currencies Markets have been searching for "Peak Hawkishness" since June - without success, as…
Victor Adair12 November 2022