In the Bible story, David and Goliath represent resilience and overcoming odds.
David, a small sheepherder, places a stone in a sling to hurl at Goliath’s head. David gets a clean hit and Goliath falls. David then uses Goliath’s sword …
I wish I could say that the clearly impressive trend from peak until now in CPI and PPI is sustainable.
However, I am more inclined to say “trough” with more chance of rising inflation numbers going forward rather than the …
For today’s daily, have a listen to Mish on Real Vision with Ash Bennington as they cover:
CPI Inflation and market reaction.
What's going on in the Russel and Nasdaq.
How the Fed will respond
Bonds
Metals
Inflation
Find the …
On the heels of the CPI report out first thing July 12th, and because of El Nino, West Africa expects to see lower average rainfall and higher.
West Africa is the main coca grower.
The growing season began last October …
JP Morgan kicks off earnings season this Friday July 14th.
Goldman Sachs does not report until next week July 19th.
That is an auspicious day for us, as the July 6-month calendar range will be established.
We will be able …
Sometimes it is just that simple.
The Economic Economic Modern Family has had its share of rotation.
By rotation this year, we mean that while Semiconductors wowed, Regional Banks soured.
By rotation this year, we have looked to certain members …
Mish appeared on Yahoo Finance this morning with Brad Smith and Diane King Hall as a contributor/guest host.
Topics covered:
Jobs Report
Yield Curve and the Fed
Tech and AI
Earnings Season
Inflation and impact on consumer
Technical indicators to …
One of the most interesting things about July in the market is the biannual reset of the 6-month calendar range.
Here is a chart of the NASDAQ 100 with the January 6-month calendar range drawn in.
To clarify, it is …
With last week's strong economic stats and inflation basically flatlined, many believe there will be a soft landing and no recession.
However, there are stats that say with the yield curve so inverted (most since 1983), recession can and probably …
On June 12th, Goldman Sachs came out stating how bearish they are on oil.
I wrote a Daily about it on June 20th:
Bearish at the Bottom-Institutions Wrong on Oil
Not uncommon for me to stick my neck out and …
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