Jim Welsh of Macro Tides sits down with Blake Morrow and talks about the market ahead of the CPI and FOMC the next couple weeks. Jim will be out on holiday and wanted to give you a good update ahead of these two key events and the roadmap to what you might expect.
The FOMC will increase the Funds rate at their July 26 meeting by 0.25% to 5.25% - 5.50%. Chair Powell will do his best to convey that every meeting will be a ‘live’ meeting and that the FOMC hasn’t adopted an every other meeting increase format. He will emphasize that the FOMC remains data...
The cornerstone of my Tactical Strategy is the intersection of Economic Fundamentals, Monetary Policy, and Technical Analysis. The combination of these has helped me implement an effective Tactical Strategy that seeks to identify...
The stock market rewards the Buy and Hold investment strategy during a Secular Bull Market as every cyclical bear market is followed by higher highs. The S&P 500 has repeatedly made a new all time high since the low in March 2009, despite a number of meaningful setbacks. Investors have...
Stock values are determined by the level of interest rates and in large part by earnings. As earnings increase over time investors are often willing to pay a higher price for stocks during a bull market. This is why the Price / Earnings Ratio moves up until...
