Things you need to know ~ Global central banks follow JJ’s lead and tell us – ‘it isn’t over yet..’ Stocks react by moving lower…. surprised? Don’t be…did you think they would rally hard? Renewed talk of a recession was apparently ‘re-ignited’ – Challenge! Try the Candied Pecans Global central banks followed suit (and stocks crashed) – raising rates (as …
JJ Has a BackBone! Rates will Continue to Rise! Algo’s Throw a Fit – #8 Try the Mussels Posillipo
Things you need to know ~ Hello? Can you hear me now? JJ remains steadfast – saying we are NOT close to ending rate hikes The dot plot leans to a higher terminal rate Stocks trade erratically and are lower this morning. Today is all about European, Latin American and Asian Central bank policy Try the Mussel Posillipo – recipe …
CPI? Was it What we Thought? What will JJ Say Today? – #7 – Try the Baked/Broiled Salmon
Things you need to know ~ Was the CPI report all that? Or are there hidden dangers? Today is FED day…will JJ stand tall or will he cave? Stocks rallied – but was it anything other than a bear market rally? Feast of the 7 Fishes – #7 Baked/Broiled Salmon It was all very dramatic…..but in the end – it …
Algo’s jump the gun…Will the CPI have a 5 handle? – #6 – Bay Scallops in a Black Truffle Cream Sauce
Things you need to know ~ Algos’ go into ‘buy mode’ ahead of today’s CPI What will the CPI say? Buy? Hold? Sell? Tomorrow is FED Day and then Thursday it is the ECB and The BoE Oil – pops by 5% – suddenly the supply/demand story makes a sense #6 – Bay Scallops in a black truffle cream sauce …
CPI, FED and a host of other Eco data & Central Bank Commentary – Try #5 – Stuffed Calamari
Things you need to know ~ This week marks the ‘unofficial end’ of the Economic and Fed year. Lots of eco data and lots of central bank commentary and policy announcements CPI is due tomorrow…. FED on Wednesday Oil under pressure – but why? Demand is everywhere…. Try the Stuffed Calamari – Recipe #5 Good morning – wherever you are …
It’s all about the PPI! Algo’s primed to go Hyperbolic If…. – Try #4 the Italian Style File to Sole
Things you need to know ~ Stocks rally ahead of today’s PPI report Oil trades down to $71.30 and appears to have found stability. Xi Xi and Crown Prince MBS hammer out Saudi support for China’s energy needs. Central banks get ready to give their final 2022 comments next week. Try the Italian Filet of Sole – Christmas Eve fish …
MTE are over, Joey acknowledges Inflation, Maybe the NBER will Call it? – Try the Feta Shrimp
Things you need to know – The churn continues – stocks close lower , the mid-terms are officially over– Suddenly the administration is acknowledging that we have an inflation problem! Mortgage Apps fall again….no eco data today – but tomorrow brings us the PPI Big week next week for the central banks Oil tests $72/barrel – while Joey defends that …
Eco data Strong! Algo’s Panic, Stocks get Smashed/Christmas Eve #2 – Linguine & Lobster Sauce
Things you need to know ~ Eco data suggests that the recent rate hikes may not be working as expected Markets sell off hard – as the algo’s take control In the mess is opportunity – stick to the plan. Everything got hit, nothing was saved, stocks, bonds, oil, gold etc. Try the Linguine and Lobster Sauce Bam! Stocks got …
OPEC + Holds Steady, China Relaxes Covid Regs – Christmas Eve #1 Linguine and Clams
Things you need to know ~ OPEC+ holds the current production levels which include the cuts made last month. The NFP report suggests that inflation is becoming a bit more entrenched. Investors now wonder what the real terminal rate will be China decides to relax covid regulations – this after many companies look elsewhere Foxconn to resume 100% production before …
Investors await the NFP Report. Bonds Suggest the RECESSION is coming – Try the Halibut w/Mushrroms, Leeks and Clams
Things you need to know ~ Stocks churn and digest, Eco data shows cooling inflation and a coming recession Bonds rally, sending yields a bit lower Senate votes to avert that rail strike, Joey set to sign today NFP due out at 8:30…. Try the Halibut with Mushrooms, Leeks and Clams Stocks chopped all day….and then ended the day mixed …
