• 768 days Will The ECB Continue To Hike Rates?
  • 768 days Forbes: Aramco Remains Largest Company In The Middle East
  • 770 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,170 days Could Crypto Overtake Traditional Investment?
  • 1,175 days Americans Still Quitting Jobs At Record Pace
  • 1,177 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,180 days Is The Dollar Too Strong?
  • 1,180 days Big Tech Disappoints Investors on Earnings Calls
  • 1,181 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,183 days China Is Quietly Trying To Distance Itself From Russia
  • 1,183 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,187 days Crypto Investors Won Big In 2021
  • 1,187 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,188 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,190 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,191 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,194 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,195 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,195 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,197 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

Critical Crossroads

"The stock market" is struggling, with particular weakness in the NASDAQ.

Tech stocks are tentatively topping. We doubt a significant stock market advance without tech.

Surging energy prices and stocks may be good for investors, but the broad implications are negative.

Short-term interest rates are being driven higher by the Fed. At some point, they will bite.

Bond prices are topping out, and bond yields are rising. Another negative.

Mortgage rates are critical to housing, but adjustable rates and fixed rates are rising.

The dollar is in a downtrend (left chart), with critical support at 80 apparently to be tested (right chart).

A lower dollar is not in the interest of the U.S. because:

  1. It will not alleviate the trade deficit, as many hope and expect.

  2. It may cause foreign governments and investors to reduce capital investment in the U.S.

  3. Reduced capital inflows diminish support of the dollar and U.S. financial markets

  4. A falling dollar exacerbates financial market losses for foreign investors, triggering ...

  5. Selling of U.S. financial assets and dollars, which feeds back to #4

Beware the Ides of March?

Back to homepage

Leave a comment

Leave a comment