Days ago, First Republic Bank became the fourth bank to fail under the weight of long-term bond losses on their…
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A True Rebound or a Head Fake?
Last month the failure of Silicon Valley Bank, Signature Bank, and Credit Suisse rocked the markets. A widely reported…
Is 1970s Stagflation in the Cards?
Another bear market rally is currently being served up within a much larger 14-month old bear market. This is not unusual behavior, although it is always a bit different…
Market Breaks Higher: Bull or Bull Trap?
In late January the S&P 500 broke through a pair of resistance levels that technical traders often use as buy-signals: (1) the 50-day SMA…
Is it Really 2008 Again?
The Fed confirmed that it intends to drive excess liquidity from the economy by raising rates until painful broad economic stress tames…
The Bear Market Rally Hits Resistance
The bottom line issue is whether the inflation-recession story is getting better or worse. In November investors pushed the bear market…