The best weekly equity market rally in two years was "setup" by extremely negative sentiment The Vanguard Total Stock Market ETF (VTI) had its lowest…

The inevitable consequences of soaring commodity prices In last week's Notes, I wrote: "There are always unexpected consequences. Somewhere in the world, there is a…

Existential stress is causing extreme capital flows The Euro plunged ~5% against the USD and ~6% against the Swiss Franc since February 10th. It is…

The Russian Blitzkrieg invasion of Ukraine initiated DRAMATIC surges and reversals across markets The S+P plunged to a 9-month low early Thursday morning (down ~15%…

Interest rates have steadied after surging higher since November The Dec 2022 Eurodollar futures contract closed red for 11 consecutive weeks but finally closed green…

Interest rates rocket higher Interest rates have been climbing steadily since early December but rocketed higher this week on the one-two punch of surging CPI…

Interest rates surge higher everywhere Christine Lagarde surprised markets Thursday by opening the door to higher interest rates this year from the ECB. On Friday,…

Reassessing The Fed = Market Mayhem On January 15, the lede for my TD Notes was: "Peak Fed Hawkish - Or Minsky Moment?" Since then,…