Commentary

The Importance of the Labour Market

The Fed’s mandate is for stable prices and maximum employment.

Commentary

Stocks Sniffing A Bear Market Rally

A number of key technical, sentiment and flow based indicators are suggesting we could see a relief in selling pressure over the coming weeks, and perhaps a countertrend rally in risk assets.

Commentary

Crypto Market Outlook: Risk-Off

Though we are seeing the makings of some favourable readings in many on-chain, derivatives, technical and sentiment indicators, the macro and liquidity environment moving forward remain a significant headwind for crypto assets.

Commentary

Short-Term Headwinds Abound For Gold

Through rising real yields, a slowing economy and poor seasonality, short-term headwinds remain for gold and precious metals.

Commentary

Short-Term Headwinds Abound For Gold

Through rising real yields, a slowing economy and poor seasonality, short-term headwinds remain for gold and precious metals.

Commentary

Housing Market Set To Stall

Through higher mortgage rates, demand for US housing is beginning to wane.

Commentary

The Bull Case For Bonds

Central to my market and macro outlook at present is the likelihood we are amid a growth cycle downturn that is looking to decelerate meaningfully in the coming months.

Commentary

Does This Rally Have Legs?

In answer to this question, yes, it appears we are very much amidst a bear market rally. In fact, as I will endeavor to articulate below, it appears said rally could extend further over the coming weeks.

Commentary

Crypto Market Outlook: Tough Times Ahead, Part Deux

Volatile is the best word to describe the price action in crypto markets of late.

Commentary

Growth Cycle Outlook: Time Is Running Out For Risk Assets

For some months now I have been banging the drum on how economic growth has been slowing and is set to meaningfully deteriorate come the middle of 2022.

Commentary

Crypto Market Outlook: Tough Times Ahead

It has been a tumultuous start to the year for crypto markets to say the least.

Commentary

Crypto Market Outlook: Tough Times Ahead

It has been a tumultuous start to the year for crypto markets to say the least.

Commentary

Crypto Market Outlook: A Potential Bounce May Be Imminent

What has been a tumultuous last few months for crypto markets has only accelerated through the turn of the New Year.

Commentary

Growth Cycle Outlook: 2022 Will Not be 2021

Not much has changed in regards to my economic growth outlook going forward since my most recent growth cycle update.

Commentary

Crypto Market Outlook: Nearing A Make Or Break Moment

After what has been a torrid few weeks for crypto and traditional risk assets alike, we are beginning to enter what could be an important make or break point in time for crypto markets.