Monthly Archives: June 2019

We will try to post this on a daily basis showing the expected value of the Federal Funds rate (lower band) at each of the FOMC meetings over the next year and recent changes in the market expectations. The data … Continue reading →

Last month we noted the divergence of nonfarm payrolls (NFP) and the employment data illustrated in the updated table below, which drove our skepticism about the labor market and overall strength of the economy at the same time many were … Continue reading →

This is good stuff, folks.  Joe, who is a friend, easily makes it into our elite “one smart dude” club.   Click on the video.  It’s well worth your time and will make you smarter.

  For all of the money we are spending, NASA should NOT be talking about going to the Moon – We did that 50 years ago. They should be focused on the much bigger things we are doing, including Mars … Continue reading →

Soldiers, Sailors and Airmen of the Allied Expeditionary Force: You are about to embark upon the Great Crusade, toward which we have striven these many months. The eyes of the world are upon you. The hope and prayers of liberty-loving … Continue reading →

https://twitter.com/anilvohra69/status/1136218167317938176?s=21

How expensive is the S&P?   Loaded question but thanks for asking. Macro Metrics Here at the Global Macro Monitor, we lean toward macro metrics to get a sense of the historical valuation of the stock market and heavily discount — … Continue reading →

We originally posted this chart in February 2011, which we just updated also breaking out the real estate industry from FIRE (finance, insurance, and real estate).   It is still is just as shocking as it was back when we first produced it. Economy Jumps The Shark The U.S. economy jumped the shark in 1990 when […]

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Summary  The selling continues as markets fret about the Trump administration’s tariff wrecking ball The S&P closed below its 200-day moving for the second straight day,  the first time since early March 2722 is the key Fibo level to watch, … Continue reading →