The Black Elephant Has Trumpeted
In The United States: 2019 Set Fair but Then? we wrote that we do not expect another Fed rate hike until June 2019, at the earliest with an even...
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Global Indexes Approaching Major Resistance
Broad global indexes are bumping up against logical downtrend resistance. As a result, our outlook remains cautious and our baseline expectation...
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Weekly Oil Views: Crude Back in a Bull Market but Cheer Momentum Wanes
A nine-day winning streak until Thursday, January 10, had put Brent and WTI back in the bull market (gains of >20% from their 52-week lows). It...
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Anatomy of a Shutdown: Scenarios for an Outcome
The Republican president and Democratic House of Representatives remain at loggerheads over a partial government shutdown. This is not because...
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Dollar Yen BIG Short Phase II
Major top and short call at USD/JPY 114 and flash decline did have a direct impact on a risk assets and the Nikkei in line with our S&P and...
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