Expectations of more Fed tightening is the "most important thing" for financial markets Markets reacted dramatically to the "stronger than expected" CPI report Tuesday morning.…
Victor Adair18 September 2022
Demand destruction requires higher for longer The DJI is down >2,000 points since Powell made it "perfectly clear" in his August 26 Jackson Hole speech…
Victor Adair4 September 2022
Powell was more hawkish than expected - stocks, bonds, and gold tumble - USDX hits a new 20-year high Powell's Jackson Hole speech on August…
Victor Adair27 August 2022
Will markets get "back to business" with a BANG after Labor Day, Sept 5th? We are in the "silly summer season," and the "adults" are…
Victor Adair20 August 2022
Global stock markets continue the rally from the June lows, S+P up ~18%, NAZ up 23%, AAPL up 33% The S+P, DJI and VTI (Vanguard…
Victor Adair13 August 2022
Markets that don't fall on "bad" news probably go higher My macro bias over the past few weeks has been that inflation would stay higher…
Victor Adair6 August 2022
Markets assume "Peak Fed Tightening" has come and gone - stocks, bonds, commodities and gold rally, the US Dollar weakens The Fed raised s/t rates…
Victor Adair30 July 2022