The week ahead...
Source: Syz Group
It's the liquidity, stupid! Yellen's stealth QE overpowering Powell's QT.
This probably helps risk assets performing well despite high interest rates and qt (Chart via SRP thru HolgerZ)
10 Rules Of IKIGAI.
Source: Seek Wiser
Price cuts in Florida just surged up to the highest level
In http://Realtor.com's data set: 30.1% of all house listings had a price reduction in March 2024. Indicating substantial "selling pressure". Source: Nick Gerli, Re.venture
The Q1 reporting us earnings season kicks off next week with the banks reporting on Friday.
Below is a sneak preview of what's to come during the first three weeks. Note: companies marked with * are currently unconfirmed. Watch for: $MSFT, $TSLA, $AMZN, $GOOGL, $META, $TSM, $JPM, $XOM, $MA, $V, $NFLX, $CAT, $ASML and more Source: Wall Street Horizon
Some hawkish comments by fed officials seemed to be behind yesterday sell-off in stocks.
Among the comments: *BARR: BANKS' OFFICE COMMERCIAL REAL-ESTATE ISSUES TO TAKE TIME *KUGLER: `SOME LOWERING' OF RATES THIS YEAR LIKELY APPROPRIATE *FED'S HARKER SAYS INFLATION IS STILL TOO HIGH *BARKIN: FED HAS TIME TO GAIN MORE CLARITY BEFORE LOWERING RATES *GOOLSBEE: WORTH STAYING ATTUNED TO DETERIORATION IN JOBS MARKET *MESTER: NEED MORE PROGRESS ON HOUSING, CORE SERVICES INFLATION But the key market driver (to the downside) was Kashkari - President and CEO of the Federal Reserve Bank of Minneapolis - who hinted at the potential of NO RATE-CUTS. *KASHKARI: QUESTION OF WHY CUT RATES IF ECONOMY REMAINS STRONG “In March I had jotted down two rate cuts this year if inflation continues to fall back towards our 2% target,” Kashkari said in a virtual event with LinkedIn on Thursday. “If we continue to see inflation moving sideways, then that would make me question whether we needed to do those rate cuts at all.” His comments seemed to trigger a wave of selling in stocks.
Life Lessons from Charlie Munger.
It's so simple. You spend less than you earn. Invest shrewdly. Avoid toxic people and toxic activities. ~ Charlie Munger. Source: Investment Books (Dhaval)
Hedge funds are shorting Bitcoin at record levels.
Is another massive short squeeze ahead of us ? Source: Bloomberg, www.zerohedge.com
