Independent thinking for complex markets and current events
by jessefelder The macro evidence suggests we are at a major turning point. It’s the sort of thing that could precipitate a reversal in the relative performance of commodities versus stocks. On its own, the stock market already looks primed for a major shift in trend… …especially if the economy is headed for something harder …
via jessefelder Jensen Huang has now accomplished in just 6 weeks what it took Warren Buffett 60 years to do. But the market’s growing dependence upon just one stock may not be very healthy. In fact, by certain measures the broader market now exhibits more signs of fragility than at any time in decades. What’s more, …
via Jesse Felder: The short vol trade is not only back, it’s bigger than ever. But there are a growing number of potential risks… …including persistent inflationary pressures… …weakening in the labor market… …unprecedented fiscal challenges… …and growing geopolitical conflict… …that threaten to upend it yet again. Plus ça change.
by The Felder Report Inflation has clearly made an impact on both the psyches… 'Americans expect prices will climb at an annual rate of 4.5% over the next year, up from the 4.4% expected earlier in the month, according to the final November reading from the University of Michigan.' https://t.co/Vo7z3oIDi6 pic.twitter.com/RX8B6XP1Bm — Jesse Felder (@jessefelder) …
by Jesse Felder Below are some of the most interesting articles, quotes and charts I came across this week. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning. Stocks celebrated the positive surprise on inflation this week but the festivities may be a bit …
via The Felder Report: Inequality is a topic that has gotten less attention in the years since the onset of the pandemic but signs suggest it may soon be thrust back into the center of the national conversation. A notable contrast to the inflationary period of the 1970s is the prominence of today's inequality problem. …