Fed Gov Waller is hawkish—he doesn’t think the Fed should rush to cut rates, per the FT. He wants “at least a couple of mo...
Read moreIf you were surprised by the last 30 min of trading action yesterday, analysts are blaming rebalancing. MS says that pensions ...
Read moreYou’ve probably noticed that cyclically sensitive areas have been on a roll. Think EZ autos, industrials in the US—stuff tha...
Read morePowell doesn’t want unemployment to rise too quickly, so he let us know that he’d rather have a bit of inflati...
Read moreAre you buying the tea leaves? Stories out today on how the inverted yield curve is signaling a coming recession. (That’s ...
Read moreThat’s what Powell gave the markets yesterday, to help the medicine of higher dot plots go down. It was full on Goldilocks yest...
Read morePowell is back in the spotlight today, walking the tight rope of hope and patience. Hope—yes, you’ll get rate cuts. Patience...
Read moreNVDA showcased a more powerful chip platform with an O/S for generative AI and accelerated computing. Stock is down today ahead o...
Read moreNVDA’s developers GTC conference today will be one hot ticket, where CEO Huang may unveil the co’s next gen GPU. So will the T...
Read moreBitcoin down to $67k overnight from $72k (-~7%). So, for those shorting vol…it’s not low everywhere. ...
Read moreIn terms of positioning, JPM says that for the yen, shorts are mostly covered, and traders may start building longs if the...
Read moreBoeing’s quality issues are causing airlines to cut back on flights as well as hiring, per Bloomberg. So, get ready for a dis...
Read moreCPI for Feb was roughly where folks thought it would be, albeit a bit hotter. CPI +0.4% in Feb, +3.2% y/y. So, don’t expect a...
Read moreGS has a nice chart out showing that this year, we’re seeing more fundamental factors in the driver’s seat, versus macro fac...
Read moreAnalysts were bummed that Costco didn’t announce a membership fee hike, while consumers across the US were relieved. With the ...
Read moreLike a Demi Lovato song, US CEO’s show confidence at its highest level since mid-2022, mentioning improved sales outlooks...
Read moreHe told Congress today that he’s not rushing into rate cuts until he can put that sign “Mission Accomplished” on the ship....
Read moreiPhone sales in China fell -24% in the 1st 6 weeks of 2024, per Bloomberg. Apple is now in the #4 slot of smartphone makers, gi...
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