As the Federal Reserve ramping up efforts to tame inflation, rising treasury yields sent the Dollar surging. The Dollar index DXY is currently at a 20-year high. The rate of change in the rising Dollar and the US treasury yields are a lethal combo for the rest of the world. On September 28, we found […]
Since the extreme hawkish September Fed meeting on last Wednesday, the markets have been in shock. The 2-year and 10-year treasury yields have gone parabolic while the equities in every sector sold off hard. The DOW took out its June low while the S&P 500 and NASDAQ held their respective June low. The 10-year treasury […]
The higher than expected CPI headline data released on last Tuesday September 13, 2022 squashed all hopes and dreams for the bulls. Now the persistent high inflation headline data will support the Fed to hike rates aggressively in the near term. The 10-year treasury yield is approaching a very important level at 3.50%. If the […]
The S&P 500 cash index hit its 61.8% retracement of the June low to August high rally on September 1st. Then after the Labor Day holiday the bears tried to crash the September 1st low again. The bears were only able to make a nominal low on September 6th and promptly reversed from the 61.8% […]
The Fed, the nation’s central bank, influences the business cycle by targeting inflation and unemployment with targeted rates. It uses tools designed to change interest rates, lending, and borrowing by businesses, banks and consumers. In September 2021 Fed meeting, the Fed labeled raging inflation as transitory and telegraphed the market that the Fed was not […]
The much anticipated Fed Jackson Hole speech deliberately invoked “pain” that caused 3.94% selloff in the NASDAQ. The Fed didn’t like the stock market rally prior to the speech, therefore the Jackson Hole speech was designed to take down the stock market forcefully. The 8-minute short and succinct statements from the Fed Chair Powell did […]
