Excerpt from Business Insider quoting DataTrek co-founder Nick Colas: …. “The ongoing weakness in Chinese stocks is likely to continue as the country grapples with an outbreak in COVID-19, DataTrek co-founder Nicholas Colas…
Month: April 2022
CNBC: "The market won’t hit bottom until it gets a better handle on just how aggressive the Fed is going to be"
Excerpt from CNBC quoting DataTrek co-founder Nick Colas: …. “But things could get worse if Wall Street keeps pricing in a more aggressive central bank. “We continue to believe that…
Financial Times: "Global stocks drop as China lockdowns trigger growth fears"
Excerpt from the Financial Times quoting DataTrek co-founder Nick Colas: …. “Investors slightly scaled back their bets on the pace of Fed interest rate rises on Monday, but analysts stressed…
Beige Book: More Inflation, More Rate Hikes
The market continues to discount ever more aggressive US monetary policy and today was no different after the release of the Fed’s latest Beige Book, which showed elevated inflation becoming…
Fed Funds, Sector Currency Exposure, Big Non-Energy Winners
Four “Data” topics today: Topic #1: Ahead of tomorrow’s Beige Book report, a brief update on what Fed Funds Futures are predicting for US monetary policy at upcoming FOMC meetings:…
WSJ: "Crypto Stocks Perform Worse Than Cryptocurrencies"
Excerpt from the Wall Street Journal quoting DataTrek co-founder Nick Colas: … “The divergence between cryptocurrencies and cryptocurrency companies shouldn’t be a surprise, said Nicholas Colas, co-founder of research firm…