by Tony Dwyer | May 26, 2021 | How I See It
What do you do when you have heavy macro influences that are unlikely to have a near-term resolution? Inflation is going to rise due to the base effect from a year ago coupled with the economic recovery, but the Fed is holding firm on its historically...
by Tony Dwyer | Jan 27, 2021 | How I See It
Significant and sustainable periods of weakness in the economy and markets typically come from a corporate need for money to fund growth, but with limited or no access to it. Despite the recent move up in the 10-year U.S. Treasury yield to 1.10%, our...
by Tony Dwyer | Nov 18, 2020 | How I See It
Editor’s note: Tony Dwyer, chief market strategist for Canaccord Genuity, and his colleagues author a widely respected monthly overview of market conditions, technical factors, and future market outlook called the “Strategy Picture Book.” The following...
by Tony Dwyer | Jul 29, 2020 | How I See It
In our June 9 article, “Consolidation confirmation,” we looked at how the market typically acts following longer-duration breadth thrusts, which took place the first week of June. We found that when more than 90% of the S&P 500 (SPX) components...
by Tony Dwyer | May 20, 2020 | How I See It
There has been an incredible ramp up in corporate credit new issuance since the Federal Reserve announced that it was going to buy corporate-bond ETFs. The Secondary Market Corporate Credit Facility (SMCCF) recently began buying ETFs with the goals of...
