Market Updates
Market Outlook: What is water?
The fish swim on… eventually one of them looks over at the other and goes “What the hell is water?”
A top sector choice for the coming cycle
With the global energy transition entering a new phase, the early-stage cyclical upturn will be amplified by a diverse set of secular growth opportunities.
The recession is here, filter the noise
All signs point to a recession being in progress. In periods of heightened uncertainty, the greatest risk is mistaking noise for signals.
Ignore the inflation noise
Major stock indices sold off 4% to 5% in response to a higher-than-expected CPI in August. Is the CPI new information or noise?
Top commodities for the energy transition
The energy transition is a secular growth driver, creating exceptional risk/reward opportunities for the commodity beneficiaries.
S&P 500: Where we go after Jackson Hole
The downtrend looks likely to continue with extraordinary opportunities being created under the surface.
S&P 500: The path forward
With the S&P 500 cementing a head and shoulders top, the bond market is signaling the likely path forward for those who are looking.
QQQ: Curb your enthusiasm
The QQQs have extreme concentration and multiple contraction risk within a bearish trend.
SPY: The death cross and what you need to know
The stock market is in a primary downtrend with all three major US averages experiencing a death cross.