The March 16 Fed announcement is the beginning of a chain of tightening that will sink stock markets and slow the economy. In this note, Jim reviews details of the policy changes and how it impacts markets and our trade recommendations.
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Although we did not see a crash last week after the Fed’s rate hike, there are many more perils facing this market. And investor behavior is still complacent. Watch what people are doing with portfolios, rather than what they are telling pollsters. We recommend ignoring “market sentiment” polls which often send misleading signals in bear markets. There is much more downside in today’s market as the Fed is not ready to relent on its tightening policy as they head into their July FOMC meeting. Senior Investment Analyst Dan Amoss provides an update.
Here are the Five Links Jim found interesting and is recommending you read this week. Inside these articles, you’ll learn if the Fed is actually broke… how a nuclear war happens… and more!
The current rise in the stock market is most likely a bounce from oversold levels as bulls argue that policy rates are still very low. But as Dan explains today, all the ingredients are in place for a bear market rally. The recent rally in stocks will only make the Fed even more hawkish in its monetary policy at a time when it’s trying to regain credibility on fighting inflation. The resulting market decline will be good news for our put option strategy.
Here are the Five Links Jim found interesting and is recommending you read this week. Inside these articles, you’ll learn why Russian sanctions aren’t working… how Biden’s provoking another war… and more!
Markets are now reacting to the latest Federal Reserve monetary policy. In this special update, Jim reviews the aftermath of the June 15 rate hike and details his thesis of “three steps and a stumble”. Also, Investment Analyst Dan Amoss gives guidance on all the open positions in the portfolio. Please read this update in full.
Here are the Five Links Jim found interesting and is recommending you read this week. Inside these articles, you’ll learn why the G7 is living in a fantasy land… why the central bank gold buying frenzy continues… and more!
