A shortened Holiday Week's Macro Data Sets will provide further information as to the "Inflation" Trade. The Federal Reserve most closely follows PCE Data. Wednesday will provide Direction _______________________________________________________ Macro Data Events Week of November 22, 2021 Monday: 10:00 Existing Home Sales (MoM) (Oct) * 3/6 Bill & 2/5...
As BR & VG maintain a healthy prop under the Equities Complex.... Real activity outside of the "Markets" is grinding to a decided halt. Uncertainty has gained a foothold and it is not going to reverse in the near future. The spectacle in chasing Price, big greens bars... is merely a trade. It is not an investment, those days are long gone as the...
Although WARNINGS abound - the emotional's wed to their beliefs in Potential Short Squeeze(s)... the FED, Their charts, The sympatico Herd, Confirmation Bias. "Hoping" for Hope. Ignoring the Signs. It ends badly. Catalyst? Could be anything, FOMC, CHINA, DX/BONDS. The footprints are observable. M2 never declines, it is the Velocity which matters. It's...