What is the Eurodollar Market?
The most important and least understood driver of global financial markets.
How can we use Initial Jobless Claims to time the bottoming of equity markets?
Commodities have been, so far, the main engine driving inflation higher.
Sure, supply chain disruptions, labour shortages, fiscal support, and a generalized level of pent-up demand driven by long periods of lockdown have been large contributors to inflation, but market participants who believe that inflation has peaked argue that it is mainly because commodity prices (especially energy) are rolling over that we should see CPI continue to trend lower over the next months.
If inflation does roll over, it probably means that:
This line of thinking can naturally be extended to believing that we might have seen the bottom in equity markets.
But… have we?