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At Close: Jun 03, 2026

What I Said

12:48am, Tuesday, 08'th Sep 2020
Our correction is not over. There will be more to come, as the equity high-fliers begin their drop back to Earth.

August Jobs: Goods Versus Services

08:07pm, Monday, 07'th Sep 2020
Like with consumption, there is a wide divergence between goods, doing better, and services, the latter being much larger.
In China, exports were stronger than expected, rising 9.5% from a year ago, while imports were weaker than anticipated, dropping 2.1%.
The protracted malaise of the 1970s, with high price inflation and GDP recession, signaled the advent of Peak Industrial Capitalism.

A Double Dip Looms Large

11:55pm, Sunday, 06'th Sep 2020
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activity to determine whether the economy i

4 Causes Of The U.S. Stock Market Bubble

03:42pm, Sunday, 06'th Sep 2020
Investor behaviors are inflating the US stock market bubble, namely hope and greed. Fed intervention is a third cause.
The continued good news in this Thursday morning's jobless claims report is that the trend of less worse news is intact.
More than half of the days in August saw more S&P 500 stocks down than up, yet the index itself posted a 7% gain for the month.
Over the last few weeks, we have discussed that while the markets were continuing their seemingly unstoppable advance, there were many technical extremes reached.
In today's #Macroview, we will discuss the 5 reasons why the Fed will not get inflation, and why deflation is the bigger risk.

Weekly Commentary: Summer Of 2020

09:50am, Sunday, 06'th Sep 2020
QE fundamentally changed finance. The Fed's COVID crisis leap into corporate debt has wielded further profound impacts on corporate credit - yields, prices and issuance.
Only 5 stocks make up 47% of the NASDAQ (Amazon, Apple, Google, Microsoft, and Facebook) - why this is a concern.
The economic calendar is light and the trading week is short. Some will be slow to return from vacations.

Strong S&P Earnings And Margins Outlook

01:34am, Sunday, 06'th Sep 2020
Excess liquidity, low-interest rates, and fiscal stimulus have been the driving forces behind the markets' rise to date, but the times they are a-changing.
Global Manufacturing and Services PMIs continue to promote the V recovery theme. The consumer stays resilient as evidenced by the Auto and Housing sectors.
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