Secretary Mnuchin was on CNBC this morning emphasizing that the Lending Facilities (which have expired) were a “great success!” Everytime I hear that phrase I can’t help but think of Borat! Continue reading “Lending Facilities Were a “Great Success!””
Category: Commentary
The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…
With yesterday’s weakness into the close, we chose AC/DC’s, “Thunderstruck” as the song to embody current stock market sentiment. The end of day sell off was precipitated by the NYC Mayor’s decision to close all schools. Continue reading “The AC/DC “Thunderstruck” Stock Market (and Sentiment Results)…”
November Bank of America Global Fund Manager Survey Results (Summary)
190 Managers overseeing ~$526B AUM responded to this month’s BofA survey. Continue reading “November Bank of America Global Fund Manager Survey Results (Summary)”
The Louis Armstrong, “What a Wonderful World” Stock Market (and Sentiment Results)…
This week, we chose Louis Armstrong’s, “What a Wonderful World” as the theme song to capture market sentiment. Continue reading “The Louis Armstrong, “What a Wonderful World” Stock Market (and Sentiment Results)…”
The “Knee Jerk” Stock Market (and Sentiment Results)…
It has been a whirlwind 48 hours. Since there is so much to discuss regarding the election and its implications, the stock market outlook, and the initial knee-jerk reaction of the stock market, I thought it would be more helpful to put the majority of this week’s article in video than print (so I could cover more ground in a shorter period of time). Continue reading “The “Knee Jerk” Stock Market (and Sentiment Results)…”
The “Back to the Future” Stock Market (and Sentiment Results)…
This Monday I was on Fox Business “The Claman Countdown” live while the Dow was vacillating between down ~900pts to down ~600pts. Thanks to Liz Claman and Ellie Terrett for inviting me on for the two special segments. Continue reading “The “Back to the Future” Stock Market (and Sentiment Results)…”
Tom Hayes – Quoted in Reuters article – 10/23/2020
Thanks to Medha Singh and Shivani Kumaresan for including me in their article on Reuters today. You can find it here:
The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…
A little over a week ago my wife and I were at a local restaurant in CT (called Posa) with a few friends (I had the delicious Branzino). While we were waiting for our appetizers (Bufala Mozzarella) I overheard a gentleman at the table next to us saying, “this market is crazy, it’s a bubble, it’s going to crash, it can’t keep going up.” Continue reading “The Taylor Swift “You Need To Calm Down” Stock Market (and Sentiment Results)…”
The “I’m an Accountant” Stock Market (and Sentiment Results)…
With the four major banks reporting earnings in the past 48 hours, the song that hit the mark for this week’s note is “I’m an Accountant” (by Rocky Paterra). This has been trending on TikTok for several weeks: Continue reading “The “I’m an Accountant” Stock Market (and Sentiment Results)…”
October Bank of America Global Fund Manager Survey Results (Summary)
~224 Managers overseeing ~$600B AUM responded to this month’s BofA survey. Continue reading “October Bank of America Global Fund Manager Survey Results (Summary)”