by Thomas Thornton | Aug 27, 2021 | Daily Note
Fed Chairman Powell gave the market what they wanted to hear They always say the Fed makes a "policy mistake" when they remove accommodation The policy mistake is really keeping "emergency measures" permanent Pardon the rant I'm on Bloomberg TV with Taylor Riggs at...
by Thomas Thornton | Aug 27, 2021 | First Call
S&P and Nasdaq futures are up 0.25% in Friday premarket trading, reversing Thursday's declines when the S&P 500 and Nasdaq fell off of Wednesday's record close. European indexes are mixed, while Asia was mixed overnight. Treasuries are narrowly mixed. ...
by Thomas Thornton | Aug 26, 2021 | Daily Note
I have some thoughts on the Fed taper Everyone expects it but I have some thoughts on why they may not taper everything Leverage is coming down and after Archegos debacle it's not a surprise Watching bonds closely with Powell's speech tomorrow morning To access...
by Dave Newman | Aug 26, 2021 | Daily Note
Here's another great note from my friend Dave Newman Dave has a lot of interesting thoughts again that I believe you'll really enjoy reading Including Investing/trading today, US debt valuation, Inflation, Afghanistan, Tesla, Budget reconciliation, and smartphones To...
by Thomas Thornton | Aug 26, 2021 | First Call
S&P futures down 0.1% in Thursday premarket trading after finishing higher on Wednesday with the S&P up for a fifth straight session and setting a new record high (index has set more than 50 record highs in 2021). Nasdaq also hit a new record high. Despite the...