This is a sample entry from Drew Rathgeber’s newsletter, The Rath Overlay, published on Thursday, May 04, 2017. Please note I will be out of the office tomorrow, if you need anything please just call my number or email and it will be routed to the appropriate person. Have a great weekend! In The Markets… Read more.
The US data has been patently discouraging; the Trump administration continues to squander political capital; and the prospect for pro-growth policy initiatives continue to be pushed further and further into the future.
All things considered, it is clear that the global economic track has softened and has become a disappointment after the optimism that followed the US election.
While the inevitable happened in the March FOMC meeting, the reaction in the dollar was very surprising and was modestly supportive to a number of commodities.
This is a sample entry from Drew Rathgeber’s newsletter, The Rath Overlay, published on Friday, March 17, 2017. In The Markets Emini S&P – ESM6 (Jun ’17) Trading at the top of its short-term range staying within a 40 pt. range since Mar. 1st generally speaking this market is probably looking for some type of… Read more.
It would appear that the markets are locked and loaded for a March 15th rate hike, with some players suggesting an increase in probability that there will be three hikes this year.
This is a sample entry from Drew Rathgeber’s newsletter, The Rath Overlay, published on Friday, March 10, 2017. Good morning everyone! Here is my weekly re-cap please note we have a ‘Triple-Header’ next week with the FOMC this coming Wednesday. In The Markets Emini S&P – ESH6 (Mar ’17) Starting to see the momentum slow… Read more.
The most important developments this past week were a market-perceived delay in the timing of the next US rate hike, another failed rally in the dollar, and upside breakouts in gold and silver off the latest wave of US/Chinese trade war fears.
Treasury Bond futures had a breakout setup today, as might be expected ahead of today’s testimony by Fed Chair Yellen. Bonds had spent the past two days consolidating around the midpoint of the January – February rally so it was logical to look for a move away from that level today. Monday was an NR7… Read more.
Just when it appeared that the reflation play was being reversed, the new US Administration managed to return its focus to pro-growth policy initiatives.