A Contrarian Indicator As Business Activity Hits A 6.5 Year High
The US services PMI is much stronger than the rest of the world while this indicator is close to giving off a euphoric (bearish contrarian) warning signal.
Read MoreMar 4, 2021
The US services PMI is much stronger than the rest of the world while this indicator is close to giving off a euphoric (bearish contrarian) warning signal.
Read MoreMar 3, 2021
Using its new plan, the Fed won’t hike rates for a while (years). However, the market now sees hikes next year.
Read MoreMar 2, 2021
If the Fed only hikes when the 3 year average core PCE inflation rate gets above 2%, it might not hike for years to come.
Read MoreMar 1, 2021
Despite the stimulus checks boosting incomes in January, the final February consumer sentiment reading was weak.
Read MoreFeb 27, 2021
The housing market is going to cool off in the next few months. Don’t get confused by this. It’s not the end of a bubble.
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