The Fed And Stocks About-Face

The Fed And Stocks About-Face

It sure looks like Wall Street wants to take stocks up. The NASDAQ pivoted higher after setting a 52-week low, sold off after the initial rush higher, and then the index lifted again with a higher low. Higher cycle lows...
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Fed Dilemma – Inflation Or Recession? Which Would You Pick?

Fed Dilemma – Inflation Or Recession? Which Would You Pick?

Stocks took it on the chin last week, getting KOd by the one-two punch of higher-than-expected transitory inflation that inched up and FedEx’s earnings miss. Wall Street was hopeful that the Federal Reserve would be able to engineer a soft...
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Inflation Exceeds 9%, But It’s Still Not Enough For Gold

Inflation Exceeds 9%, But It’s Still Not Enough For Gold

The inflation rate accelerated again. It implies a more hawkish Fed and is bad for gold in the short-run, but good in the long-term. Another inflation report – and another upside surprise! The CPI increased 1.3% in June, after rising 1% in...
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Hawks Triumph, Doves Lose, Gold Bulls Cry!

Hawks Triumph, Doves Lose, Gold Bulls Cry!

The hawkish revolution continues. Powell, among the screams of monetary doves, suggested this week that tapering could be accelerated in December! People live unaware that an epic battle between good and evil, the light and dark side of the Force, hard-worki...
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