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
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
Markets are expecting the Fed to cut rates this year, but the Fed says, "Don't count on that." This is the current SOFR (Secured Overnight…
Victor Adair15 January 2023
"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
The Financial Times: Global Stock and bond markets lost more than $30T in 2022 The S+P more than doubled (up ~120%) from the Covid Panic…
Victor Adair31 December 2022
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