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TUESDAY: (Boxing Day, so bank holiday for many countries. Expected to see low volume):
US House Price index - Will probably show a MOM change of around 0.8% imo.
US 2 year auction - Will probably send 2 year yields lower, with better than expected demand.
WEDNESDAY:
JAPAN - BOJ will release their version of the fed minutes, from the meeting where they dovishly held rates stable, against expectations of a hike. My expectation is that this will probably send JPY lower as they re...
US House Price index - Will probably show a MOM change of around 0.8% imo.
US 2 year auction - Will probably send 2 year yields lower, with better than expected demand.
WEDNESDAY:
JAPAN - BOJ will release their version of the fed minutes, from the meeting where they dovishly held rates stable, against expectations of a hike. My expectation is that this will probably send JPY lower as they re...
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Low volume during the week due to Holiday season.
Nothing really on economic calendar this week at all + low volume = expectation of relatively flat movement.
No major headwinds so unlikely to see big correction this week, from a fundamental perspective.
Next real significant economic development will be the FOMC minutes on 3rd of Jan, and even that will probably send the dollar lower, pushing markets higher. So not expecting sustained correction in the very near term.
Likeliho...
Nothing really on economic calendar this week at all + low volume = expectation of relatively flat movement.
No major headwinds so unlikely to see big correction this week, from a fundamental perspective.
Next real significant economic development will be the FOMC minutes on 3rd of Jan, and even that will probably send the dollar lower, pushing markets higher. So not expecting sustained correction in the very near term.
Likeliho...
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SOUTH KOREA'S KOSPI INDEX SOARS 4% ON SHORT-SELLING BAN
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
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U.S. Bank losses on held-to-maturity assets have soared to an ALL-TIME HIGH of $400 Billion. Probably fine
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
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Big jump in $Goodrich Petroleum (GDP.US)$ as expected, but some softness indicated by a build in retail inventories and residential investment.
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ strange price action across asset classes. It will take a few days to sort out a trend. Crypto and bombs flying…banks dying…Yellen lying…Magnificent 7 trying…Travis romanticizing…You can spin any narrative you want. $SPY is $420.
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When the 10 year yield rises the cost of borrowing goes up on everything.
Personal loans from a bank just rose to 12%. Highest since 2007.
Crazy high vs what we’re used to.
$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
Personal loans from a bank just rose to 12%. Highest since 2007.
Crazy high vs what we’re used to.
$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
If the Fed can make housing prices go up here...and get investors to believe there's a housing shortage...what can't the Fed do???
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
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Given the widespread expectation of a recession and the understanding that "everything is priced in," can we safely assume that a recession has already been priced in? $SPDR S&P 500 ETF (SPY.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Invesco QQQ Trust (QQQ.US)$
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