Category: Sentiment

On Friday I was on Fox Business – The Claman Countdown – with Liz Claman discussing which sector (+company) and which asset class (+company) we are focused on for 2022. Thanks to Ellie Terrett and Liz for having me on: Continue reading ““The Last Shall Be First” Stock Market…”

As I get older, I listen less to what people say and simply watch what they do.  On Wednesday, the market was down as a reaction to what was said in the Fed Minutes (from the December meeting). Continue reading ““I Dare You” Stock Market (and Sentiment Results)…”

This summer my wife Kaitlyn and I took our girls out to Omaha to see the Olympic Trials for swimming.  As a regular attendee at the Berkshire Hathaway annual meeting – for many years – I finally got to show them Warren Buffett’s favorite steakhouse, Gorat’s (yes, that is a cutout at the restaurant)! Continue reading ““Paying the Bank” Stock Market (and Sentiment Results)…”

After the Fed induced debacle in December 2018 – which caused the S&P 500 to cascade down over 16% in 3 weeks (making it the worst December since the Great Depression) – they took the Grinch out behind the barn and finished him off!  There will be no Grinch this year, and Santa Claus is coming to town… Continue reading “The “Grinch is Dead” Stock Market (and Sentiment Results)…”

Chairman Powell did a fine job threading the needle at his press conference following the FOMC announcement.  He achieved this feat by signaling FLEXIBILITY in his press conference,  “The Fed is prepared to adjust the pace of purchases if warranted by changes in the economic outlook.”
Continue reading “Autopilot “Disabled” Stock Market (and Sentiment Results)…”

Last week, in the midst of the Omicron/Accelerated Taper fears/selloff, we suggested the market was due for a bounce.  The indicators we pointed to are as follows (click on image to see original article from last Wednesday night): Continue reading “Chair Powell: Chance to be a Hero or Zero…”

On November 4, we made the case that commodities were starting to roll over and the impact would be felt by consumers on a lagged basis.  This weakness persisted in the following four weeks and now all of the the rear view mirror looking officials are in a mad dash to accelerate taper (at the exact wrong time):

Continue reading “Backward looking policy. Forward looking opportunity.”

As a tradition, my wife and I take the girls (and a pre-made Thanksgiving Dinner) to our place in NYC to watch the parade.  This was our view today overlooking Bryant Park: Continue reading “Crosswinds Stock Market (and Sentiment Results)…”