I know some people don’t like the the yearly market outlook pieces everyone puts out, but at the very least it gives you consensus perspectives on what market participants expect ahead. If you are looking for some positive yearly outlook pieces from Wall Street, this article from CNBC should brighten up your day hopefully. Yeah,…
Music to the doves’ ears
What did I tell you? Inflation has settled substantially from a 40-year high reached last year. In what was clearly a shock to the bears, the latest US inflation data essentially wiped out the chance of another rate hike. It will also end the discussion about rates staying higher for longer. Traders pulled forward bets…
How long will the market be irrational?
Another regular energy trading report hit my trading desk. It was a difficult month for one of the manager’s positions as long term bullish fundamentals finally gave way to the shorter term headwinds of seasonal weakness, warm weather, and over-extended refinery margins. Here is a section: I’m reminded of a quote from a mentor of…
Weekly breakfast
Is the party over? US stocks gave a mixed performance last week following hawkish comments from central bank policymakers. After enjoying its longest winning streak in two years, the S&P 500 slumped after Fed’s Powell said the central bank was not confident it had done enough to rein in inflation. A tech-driven rally on Friday…
The seven levels of consciousness
In his 1963 book “The Science of Existence and the Art of Living”, His Holiness Maharishi Mahesh Yogi states that through the practice of Transcendental Meditation (TM) techniques, over time, the conscious mind becomes familiar with the deeper levels of the mind and the subconscious mind becomes familiar with it naturally. He said he would…