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
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
Inter-market relationships I'm a Macro tourist: I constantly monitor intra-market and inter-market relationships and correlations. It's an old habit, and it often leaves me more…
Victor Adair5 November 2022
October 13, 2022, was a Key Turn Date A Key Turn Date occurs when several different markets reverse course on (or around) the same date.…
Victor Adair30 October 2022
Markets may be turning I'm writing the TD Notes on Sunday afternoon this week. I left my desk last Thursday morning, flew to Calgary to…
Victor Adair24 October 2022
Will the Fed pause/pivot before or after "something breaks?" The Fed is determined to continue tightening monetary policy until inflation falls. Stocks and bonds have…
Victor Adair16 October 2022
WTI crude oil soared ~$17 (22%) from last week's low to this week's high/close Front-month WTI futures closed ~$76 on Monday, September 26 - the…
Victor Adair9 October 2022