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Olduvai III: Catacylsm
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Something Broke In Markets On Thursday

Something Broke In Markets On Thursday This Friday is going to be a session for active short-term traders, and it will likely be unpleasant for investors. Something broke in markets on Thursday. There are a few things that worry me about the latest bout of risk aversion. This is in context that I’ve been an unrelenting stocks bull since […]

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Food Inflation Is the 2022 Crisis, Not Supply Chains

Food Inflation Is the 2022 Crisis, Not Supply Chains The real trouble will start when this year’s energy crisis morphs into next year’s food inflation problem. We’ve all become armchair inflation experts. And why not? It’s almost impossible for anyone to keep getting it as systematically incorrect as professional economists have done this year. It’s time for the […]

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Trader: “The Facts Are Lining Up For A Nasty Correction In The S&P 500”

Trader: “The Facts Are Lining Up For A Nasty Correction In The S&P 500” U.S. Equity Optimism Is Starting To Look Misplaced It’s time to turn bearish on the S&P 500, at least for a few weeks. The benchmark U.S. equity index just made a fresh record high, but it’s unlikely to keep ignoring warning […]

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Trader: Italy’s Situation Is Truly Unprecedented

Trader: Italy’s Situation Is Truly Unprecedented If Italy is going to avoid a full-blown euro zone debt crisis that’s capable of causing turmoil in global financial markets, communication will be key. Much of the investor complacency toward the threat from Italy’s debt crisis is the fallacy that worse scenarios have been survived elsewhere before. Let’s […]

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Market Red Flag: Stocks May Be About To Tank: “If There’s One Thing That You Need To Pay Attention To It’s This…”

Market Red Flag: Stocks May Be About To Tank: “If There’s One Thing That You Need To Pay Attention To It’s This…” Stock and bond markets may be teetering on the edge of a widespread crash following a stellar year that has seen all-time highs across just about every major asset class. Earlier today Zero […]

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Why One Trader Thinks The Turkish Crash Will Lead To EM Contagion

Why One Trader Thinks The Turkish Crash Will Lead To EM Contagion Yesterday when we discussed the dramatic crash in the Turkish lira, resulting from the visa suspension drama at both Turkish and US consulates, we noted that “this is the currency’s seventh consecutive decline, after dropping on Friday amid concern Fed tightening would hurt […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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