Thursday, January 17, 2019
The market problem is liquidity. Meaning global money, including collateral flows and transformations. We have as a result a negative reinforcing feedback loop underway between Liquidity, Volume and Volatility. The Federal reserve will soon react with "signals" of reversing direction. We can expect to see a "Right Shoulder" market formation in...
Via seekingalpha.com The price of the ETF product IYR has been fairly range-bound over the past few years, offering a positive yield but with negligible (inflation-adjusted) capital appreciation. However, I believe that based on recent weakness in price action and other factors, IYR will see prices under $70 in 2019. Rising interest...
read more at seekingalpha.com Policymakers are far from perfect, but the collective wisdom of the market is not flawless and is prone to exaggerate. Next string of US economic data should reinforce ideas that a recession is not imminent. The S&P 500 fell more than 12% in a few weeks. The 10-year...