Barron’s Has No Idea What’s Going On – And Gold
This post originally appeared on April 4, 2023 Apologies – this post was written on April 4. I just realized today that I hit the “save draft” button instead of publishing. As a result, the post is late and out of order. DKI regrets the error. I’m normally a big fan of Barron’s. Their analysis … Read more
Notes on Today’s Trading
This post originally appeared on April 3, 2023 Market Giving Up Friday’s Gains: Yesterday, we published a piece concluding that the market may have misinterpreted Friday’s PCE report. The NASDAQ, which is more sensitive to interest rate changes than other major indexes, has given up half of Friday’s gains as of the time of this … Read more
Market Reaction to Friday’s PCE Report May Have Been Wrong
This post originally appeared on April 2, 2023 PCE Rockets Market: On Friday, we got the new PCE report. That stands for Personal Consumption Expenditures and it’s the preferred measure of inflation for the Federal Reserve. While it doesn’t get the same attention as the Consumer Price Index (CPI), it’s probably more important in determining … Read more
Weekly Points – March 31st, 2023 – 5 Things to Know in Investing This Week
Insight into the Newly Acquired SIVB, Consumer Confidence is Up, Alibaba Splits into Six Units, and PCE Cools (sort of). This week we witnessed the end of Silicon Valley Bank’s story, but also got new insight into what led it to fail earlier this month thanks to testimony from Fed Governor Michael Barr. There was … Read more
DKI Featured on YourFinanceTV
Gary Brode and Mark Rossano look at what now for the fed after last week’s rate decision. Is contagion just going to be limited to US banks or could the demise of Credit Suisse just be the tip of the iceberg and they look at the possibility of other industries and companies that could have … Read more
5 Things to Know in Investing This Week – March 24th, 2023
Fed Raises Rates and Attempts to Ease Banking Sector Concerns, More Tech Layoffs, Jobs Numbers, and This Week in Hypocritical Politicians It’s beginning to feel like the people we’ve been told are in control are no longer in control: Fed Chair Powell and Treasury Secretary Yellen do not have control over the financial fallout, tech … Read more