07-15-2024 "Espresso" Brewing Liquidity Issues ------------------------ The markets movin’ in a tight range. Isn’t that sweet? Try not to sleep. Don’t you need Espresso? Some news gives you a jolt. Then you see the screen blink red and green because it's speculating about nothing. No easing, high inflation. High easing, no growth. No … [Read more...]
Liquidity is running dry, “It’s So Lonesome it Could Cry.” – TMSpotlight by Les Parker
07-08-2024 Liquidity is running dry, "It’s So Lonesome it Could Cry." --------------------- Hear that lonesome Repo well. It sounds too low to fly. Last week, the implied likelihood of a September Fed rate cut rose to 73%. Over a week ago, it was 62%. Bonds cry for a “higher for longer” Fed. But the fall of the dollar and the steadfastness … [Read more...]
Affordability Remains an Obstacle and Servicing values will Drop, it’s a “Ball of Confusion” – TMSpotlight by Les Parker
06-24-2024 Affordability Remains an Obstacle and Servicing values will Drop, it's a "Ball of Confusion" ----------- People selling out, people buying in because of the color of their screens. With the Fed listening to Bonds and data, look for 30-year mortgage rates to stay below 7.75 and reach 6% by yearend while the 10-yield falls below … [Read more...]
Bond “Barracuda” – TMSpotlight by Les Parker
06-17-2024 Bond "Barracuda" ------------------ Bears, this is the end; Bulls rise up again - to reign They had to take the trend away. Bond barracuda kept the Fed in line, resulting in a new bull market. Long-term, look for the 10-year yield to stay below 5% and mortgage rates below 7.75. Imagine a sub-6% 30-year mortgage rate by yearend … [Read more...]
Is Data “Tutti” or “Fruiti”? – TMSpotlight by Les Parker
06-10-2024 Is Data "Tutti" or "Fruiti"? ------------------------- “Little Richard, what about the data-sensitive market?” Tutti Frutti, go uppie. Tutti frutti, go downie. Tutti Frutti, go uppie. How many angels can dance on the head of a pin? About half. Yet traders keep dancing with every datum as if it changes the world while keeping prices … [Read more...]
“Suite: Judy Blue Eyes” Hesitation, Higher Yields, or More Interest. Hard Choices – TMSpotlight by Les Parker
06-03-2024 "Suite: Judy Blue Eyes" Hesitation, Higher Yields, or More Interest. Hard Choices. -------------------------- It's getting to the point, Jay is no fun anymore. He is sorry. Recent Treasury auctions show investor hesitation to buy. Do they expect higher yields? The low appetite, coupled with the higher-for-longer Fed policy, will … [Read more...]
The Fed Leaves US “Right Where You Left Me” – TMSpotlight by Les Parker
05-27-2024 The Fed Leaves US "Right Where You Left Me" ---------------- Links break up, links get married. Cycles get born, cycles get buried. Trends change, rumors fly through new lies, (with-TS only) Screens Right Where You Left them. The Fed minutes underscored its “higher for longer” outlook, resulting in a flattening yield curve and a … [Read more...]
Countries In Recession Won’t Be “Lonely Boy” – TMSpotlight by Les Parker
05-20-2024 Countries In Recession Won't Be "Lonely Boy" ------------------------- Any old report keeps us waiting. Waiting, waiting. Powell’s a Lonely Boy, He’s a Lonely Boy. Oh, Powell, you are the love that keeps us waiting. The latest tame inflation dropped rates. Many expected a strong report that would have pushed rates significantly … [Read more...]
High Hopes Or Decay For the Long Haul – TMSpotlight by Les Parker
05-13-2024 "High Hopes" Or Decay For the Long Haul ----------------------- At a higher altitude, QT unfurled. Bulls reached the High Hopes of that dreamed-of world. Steps taken forward, Bears sleepwalking back again. Dragged by the force of Fed Powell’s higher-for-longer tide. The perpetual auctions continue to find investors liking high … [Read more...]
Bad Data is “Criminal” by Les Parker
05-06-2024 Bad Data is "Criminal" --------------------- The data hustle, they’re no good at all. Moves like a loser, they are mixed, up, down, done. Dripping Oil, softening Gold, and cooling Copper lifted the short-end’s hope that the Fed will ease this year. Friday’s Jobs report helped. Additionally, the Fed’s significant slowing of QT … [Read more...]
The Bears Ask, “Have You Ever Seen The Rain?” by Les Parker
04-29-2024 The Bears Ask, "Have You Ever Seen The Rain?" ----------------------------- Parker told us long ago There's a calm before the storm He knows Last week, stagflation appeared in the GDP data, with slowing growth and rising inflation. As a result, the 10-year yield hit our bear target of 4.71. Jimmy Carter … [Read more...]
04-22-2024 Rattle Rates and Do “The Twist” by Les Parker
04-22-2024 Rattle Rates and Do "The Twist" ---------------------------- Come on, Jay Powell. Let's do the twist. Come on, Yellen. Let's do the twist. Data continue to confound the Fed and Treasury. Easy money and free-spending lead to the pain of persistent inflation. Now, tight money constraints growth and hastens deficits, so … [Read more...]
04-15-2024 “Everybody’s Talking At Me” Bears Listen to the “Conflict Conversation” by Les Parker
04-15-2024 "Everybody's Talking At Me" Bears Listen to the "Conflict Conversation" ------------------------------- Everybody's Talkin' at Bonds. They don't hear a word they're sayin' Only the echoes of bears’ minds. The US, king of deficit-spending, continues to see sticky inflation, with the long-term expectation at 3%. Meanwhile, … [Read more...]
04-08-2024 Rates and the Sun Are Having a “Total Eclipse of the Heart” by Les Parker
04-08-2024 Rates and the Sun Are Having a "Total Eclipse of the Heart" ---------------------------- (Turn around, Bear lines) Every now and then rates fall apart (Turn around, Bear lines) The US faces a sign in the shadow. Sharp rates, strong jobs, stubborn inflation, Surging Gold, Scorching Oil, and a solid Dollar collide with sagging … [Read more...]
04-01-2024 “We Will Rock You” It’s Another Gold BRIC in the Wall by Les Parker
04-01-2024 "We Will Rock You" It's Another Gold BRIC in the Wall ------------------------ BRICS want a race. Chasing Bucks Can all over the place, // Queen only //singin'. We will, we will rock you. We will, we will rock you. Gold hit record highs as China and other BRICS continued their buying spree. So, why hoard Gold? … [Read more...]
- 1
- 2
- 3
- …
- 19
- ...Next Page