You’re Right, But …
October 21, 2022 Good morning, Futures are down 1% at overnight session lows this morning about an hour before U.S. markets open. They are off due to the continued spike in yields on Treasuries and new relative highs on the Dollar. Earlier this week, I suggested choppy, sideways action may be in store for stocks leading […]
A Two-Week Data Vacuum?
October 19, 2022 Good morning, Futures are off just a bit this morning (-.3%), following two rally days for the S&P 500, now up +3.82% for the week. The next two weeks may be choppy but sideways for markets with little important economic data around the Inflation-Fed narrative leading right into the next Fed meeting […]