Encouragement Where There Is None
February 14, 2022 Good morning, Futures are little changed now, 90min before the cash market open. They spent most of the night down over one percent on geopolitical concerns and rallied sharply back to Friday’s closing levels when Russia’s Foreign Minister announced “we can see a way to move forward with talks”. That should wring […]
Not Fatal
February 11, 2022 Good morning, Our equity rebound rally took a severe blow yesterday. Between a stronger than expected CPI report (inflation) in the morning, and Fed Reserve Bank of St. Louis President James Bullard’s afternoon remarks that he would favor a 50bps intra-meeting rate hike (meaning now, before the next scheduled Fed meeting in […]
Let It Roll (and New Digs)
February 9, 2022 Good morning, Admin. Note: we’re moving into our new offices this week (see signature below). Just below Central Park and sitting on top of Times Square – we would all love to have you stop by when you’re in town, please! Futures have been steadily climbing all night and are up nicely […]