The Morning Call
7/10/25
The
Market
Technical
Wednesday in the
charts.
https://www.zerohedge.com/market-recaps/big-tech-leads-stocks-higher-bonds-bitcoin-bullion-bid
Wednesday in the technical stats.
https://www.barchart.com/stocks/momentum
https://www.barchart.com/stocks/sectors/rankings
Momentum meltdown
just getting started.
https://www.zerohedge.com/markets/momentum-meltdown-just-getting-started-ms-quants-warn
On the other hand…
https://www.zerohedge.com/the-market-ear/easy-money-forced-buyers-melt-mirage-mind-trap-doors
And.
https://www.zerohedge.com/the-market-ear/great-set-melt-trade
Is the ‘Trump
collar’ about to lapse?
https://www.zerohedge.com/markets/trump-collar-has-saved-stocks-seasonality-vol-about-turn-higher
The latest from one
Goldman trader.
https://www.zerohedge.com/markets/hedges-h2-goldman-outlines-troublesome-tails-ahead
But here is another
with a different take.
An optimistic note
from Ed Yardini.
Fundamental
Headlines
The
Economy
US
Weekly initial jobless claims totaled 227,000
versus consensus of 235,000.
International
June Japanese PPI came in at -0.2%, in line.
June German CPI was +0.1%, also in line.
Other
The betting markets’ predictions on economic
and financial issues.
Monetary
Policy
The FOMC released
the minutes from its last meeting. (1) they have no idea what the impact of
tariffs will be, (2) they do think that the economy is slowing, and (3) they
expect QT to end next February.
https://www.zerohedge.com/markets/fomc-minutes-11
Abundant versus scarce reserves.
https://thedailyeconomy.org/article/chairman-powells-curious-case-for-abundant-reserves/
Are lower rates the cure for inflation?
https://www.zerohedge.com/markets/might-lower-rates-be-cure-higher-prices
Fiscal
Policy
For
better or worse, Trump now owns this economy.
https://www.nytimes.com/2025/07/09/us/politics/trump-bill-tariffs-economy.html
As usual, the liberal fear mongers are
focusing on the wrong thing.
https://committeetounleashprosperity.com/hotlines/were-all-going-to-die-from-the-big-beautiful-bill/
Tariffs
It is a very rare
occurrence that I would link to a Paul Krugman op ed. But here is one I generally
agree with.
https://paulkrugman.substack.com/p/the-tariff-beatings-will-continue
The only winner is the government.
The paradox of Trump’s trade policy.
https://www.axios.com/2025/07/08/trump-tariffs-august-1-deadline
Investing
Either the stock market or the bond market
is wrong.
https://www.apolloacademy.com/inconsistent-markets/
Gold as a safe asset.
https://mrzepczynski.blogspot.com/2025/07/gold-as-safe-asset-alternative-to-debt.html
Real interest rates are a catalyst for a
dollar bounce.
https://www.zerohedge.com/markets/real-rates-are-catalyst-near-term-dollar-bounce
News on Stocks in Our Portfolios
Paychex (NASDAQ:PAYX) declared $1.08/share quarterly dividend, in line with previous.
What
I am reading today
Alexander
the Great’s path to power.
How
Alexander the Great's daddy issues reshaped the world | National Geographic
The swamp always wins.
https://www.zerohedge.com/markets/swamp-always-wins-why-outsiders-break-when-they-enter-washington
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