“Stocks ended last week on a high note … driven by a batch of soft economic data, raising hopes that the Federal Reserve will be forced to delay its first rate hike since 2006 into the middle of 2016. Retail sales missed expectations. Industrial production and job openings were weak. We’ve also got the continuation […]
Category Archives: Z-vals
Calhoun: Calm Before Storm
“The idea that an economy that performs so poorly that it keeps the Fed on the sidelines is good for stocks is one that can only be based on recent history, one that starts after the 2008 crisis. … “At some point bad news will be bad news for stocks again but the rest of […]
Moraif: Recession to Bite
“As I have been reporting to you over the last few months, the world’s economy is slipping into recession while the US economy shows signs of strength. It is my view that the global recession will have a detrimental effect on our economy. The question that we are all waiting to get answered is, ‘Will […]
Friedlander: High Black Swan Risk
“Players are pricing in the highest chance of an outlying black swan event in the next 30 days. The pricing currently is (for) a 15% chance of a two standard deviation move in the next 30 days. … So (it’s a) yellow flag for sure. Stay alert, stay alive!” wrote Roberto Friedlander, head of equity […]
Gross: Another 10% Drop Ahead
“More negative numbers lie ahead and if you define a bear market by a 20% correction, at some point — that’s six to 12 months — we’ll have a classic definition of a bear market, meaning another 10% downside.” Bill Gross, manager of the $1.4 billion Janus Global Unconstrained Bond Fund, said the whipsaw market […]
