"Wipe Out" is an appropriate description of what is happening beneath the calm surface of the bull market.
As we head into the end of the year, many are hoping for "Santa to visit Broad and Wall." However, those hopes are not just about adding to this year's already excessive annual gains. Instead, for many, it's the hope to recover some brutal losses.
"Wipe Out" is an appropriate description of what is happening beneath the calm surface of the bull market.
As we head into the end of the year, many are hoping for "Santa to visit Broad and Wall." However, those hopes are not just about adding to this year's already excessive annual gains. Instead, for many, it's the hope to recover some brutal losses.
The market is disconnected from everything. Throughout history, there are correlations you would expect to hold constant between the market, consumer confidence, and the economy. Currently, after a decade of zero interest rate policy, massive amounts of liquidity, and financial supports, the market has become detached from reality.
Today, hydrogen is largely used for industrial purposes, either in oil refining or the production of ammonia fertilizers. (If you didn't read our missive on fertilizers, click here). But hydrogen has a lot more potential than that. Hydrogen can also be used as a fuel. It can be transported via pipelines or ships, just like liquified natural gas.
For the past few months the eurodollar futures market has steadily priced in the FOMC’s abandonment of “transitory” in its assessment of inflation. More often than not the Fed follows the market. The typical absence of public comments that precedes FOMC meetings was extended while Biden contemplated renewing Powell’s term.
The HANDLS Indexes Monthly Income Report for May 2025 underscores notable recoveries across sectors, propelled by easing tariff and trade uncertainties.
Catalyst Funds
Rational Funds
Strategy Shares