by Tom McClellan | May 11, 2022 | How I See It
The U.S. Dollar Index is climbing up to its highest level since 2002, which is getting a lot of currency traders excited. U.S. manufacturers are a lot less excited. A more valuable dollar makes it harder to sell products overseas. FIGURE 1: LONG-TERM...
by Marshall Schield | Apr 27, 2022 | How I See It
Jerome Powell, chair of the Federal Reserve, recently announced that the chances of recession are not elevated. Of course, he has access to more data than we do, plus he is an experienced economist. However, we recall that it was not that long ago that...
by Tony Dwyer | Apr 13, 2022 | How I See It
Editor’s note: Tony Dwyer, U.S. portfolio strategist for Canaccord Genuity, and his colleagues author a widely respected monthly overview of economic and market conditions, technical factors, and future market outlook called the “Strategy Picture Book.”...
by First Trust | Mar 23, 2022 | How I See It
As expected, the Federal Reserve raised short-term rates by one-quarter of a percentage point (25 basis points) last week, the first rate hike since the end of 2018. Even more important, the Fed signaled a new level of hawkishness in terms of future...
by Tom McClellan | Mar 2, 2022 | How I See It
In the latest survey from Investors Intelligence, bulls have fallen to 32.2%, and bears are at 31.0%. That is the lowest bull-bear spread since the COVID crash in March 2020. This is pretty significant because the average bull-bear spread since 2006 is...
