The Fog of Mania For many months, HAI has been of the opinion that the current “goldilocks” environment is on borrowed time. Many market participants [...]

[Reuters] Wall St Week Ahead Relentless U.S. stock rally faces Fed test [CNBC] American Airlines boosts pilot contract offer by $1 billion after United deal [...]

Markets assume that a 25 bps rate increase at the FOMC’s meeting next Wednesday will wrap up the Fed’s tightening cycle. The rates market is pricing in [...]

[Yahoo/Bloomberg] Tech Stocks Pare Rebound; Treasuries Rise: Markets Wrap [Reuters] Oil climbs, fuelled by tighter supplies, China stimulus [Reuters] US [...]

A fire has been lit under gold as the seasonal trend seems to have ended early. Gold has broken above the $1910 ladder rung. We may have seen the low for the [...]

[Yahoo/Bloomberg] Nasdaq Slumps as Netflix Dents Tech Shine: Markets Wrap [Yahoo/Bloomberg] Wheat Soars After US Warns of Explosives at Ukrainian Sea Ports [...]

[Yahoo/Bloomberg] Bonds Rally After UK Inflation Cools; Pound Drops: Markets Wrap [Yahoo/Bloomberg] UK Bonds Lead Global Rally as Aggressive Rate-Hike Bets [...]

Interest Rate Cycles Last Decades, Not Months Reaganomics, Bidonomics, and Trumponomics All Run On Debt Interest Costs Alone On Debt Will Be Close To $1 [...]

[Yahoo/Bloomberg] Bonds Rally as Rate-Hike Reprieve Comes Into View: Markets Wrap [Yahoo/Bloomberg] Gold Climbs as Bond Yields Fall After Comments by ECB [...]

Telling the truth has a checkered past in terms of how it is received. Some people welcome it. Many do not. Those in the latter group often will do anything to [...]

[Yahoo/Bloomberg] Stocks Fall on China Slowdown; Bonds Rally: Markets Wrap [Reuters] Dollar hovers around 15-month low ahead of Fed, ECB meetings [...]

[Yahoo/Bloomberg] Fed Open to Another Rate Hike After Expected Increase This Month [Reuters] Yellen ‘eager’ to work with China on debt, other [...]

Transitory Goldilocks The National Bureau of Economic Research (NBER) is the research organization known for marking the official start and end dates for U.S. [...]

[Yahoo/Bloomberg] War, Debt Distress, Inflation: G-20 Finance Chiefs Spar in India [Yahoo Finance] Bank results flash warning signs for Wall Street [...]

I might have titled this week’s CBB “Wednesday.” But even I will (on occasion) draw a line on quirkiness. Wednesday was another extraordinary market [...]