The Morning Call
4/12/22
The
Market
Technical
Monday in the
charts.
https://www.zerohedge.com/markets/bonds-bitcoin-big-tech-battered-us-misery-reaches-40-year-highs
Setting up for a
bounce?
https://www.zerohedge.com/the-market-ear/setup
Better measures of
the yield curve.
https://scottgrannis.blogspot.com/2022/04/better-measures-of-yield-curve.html
More analysis.
https://econbrowser.com/archives/2022/04/10yr-3mo-term-spreads-and-probit-model-recession-forecasts
The slump in
Treasury prices ignites global bond sell off.
Fundamental
Headlines
The
Economy
US
March consumer
inflation expectations was 6.6% versus estimates of +6.2%.
The March small business
optimism index came in at 93.2 versus predictions of 90.0.
March CPI rose 1.2%, in line; core CPI was up 0.3%
versus +0.5%.
International
The February UK
unemployment rate was 3.8%, in line; February
average earnings were up 5.4%, also in line.
March Japanese PPI
was reported up 0.8% versus consensus of +0.9%; March German PPI was +2.5%, in
line.
The April EU economic
sentiment index was -43 versus projections of -28; the April German economic sentiment
index was -41 versus -48; the April German current conditions index was -30.5
versus -35.0.
Other
Mortgage rates the highest since 2007.
https://finance.yahoo.com/news/housing-market-just-hit-level-173737330.html
Update on six high frequency economic indicators.
https://www.calculatedriskblog.com/2022/04/six-high-frequency-indicators-for_11.html
The
Fed
It doesn’t matter what
the Fed says today, it is what it does when the s**t hits the fan.
https://www.zerohedge.com/markets/fed-scared-shtless
David Stockman excoriates the Fed.
https://www.zerohedge.com/markets/david-stockman-coming-bond-bear-market-and-what-comes-next
Recession
Recession risk is rising say economists.
https://www.wsj.com/articles/recession-risk-is-rising-economists-say-11649592002
Bottom line.
How do you know when
it is a bubble?
When stock and
bond performance is correlated.
https://evergreengavekal.com/ride-away-right-away/
The latest from
John Mauldin.
https://www.advisorperspectives.com/commentaries/2022/04/08/other-possibilities
News on Stocks in Our Portfolios
What
I am reading today
America’s narcissism
epidemic.
https://www.zerohedge.com/medical/what-are-effects-americas-narcissism-epidemic
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
to learn more about our Investment Strategy, Prices Disciplines and Subscriber
Service.
No comments:
Post a Comment