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Showing posts with the label S&P500

Self explanatory chart of the S&P 500 futures, from the last quarter. Market has priced out war and a sticky oil price and gone with CPI deflationary prints, Federal Reserve cutting/pausing rates and the surging tech sector high on an "AI" chip war revving up. Also to note, is the $8 Trillion, of Fed 'pandemic stimulus' that was to the banks, parked in cash and money market funds. *link in post*

The Fed picks up the towel, commits to the inflation fight. Says to the market that it isn't going to be pretty, 4% sell off across the board. Europe's energy crisis will spill over globally i.e. Electricity prices will spike.

Stocks are rallying above the Powell "Put" and relief from Biden's Strategic Oil Release, lowering costs at the pump. Consumer Confidence has risen slightly, Markets are still mispricing inflation.

All major indices are now trying to rally above the S&P 500 supports after the Fed threw in the towel. Tech sector is benign, with cyclical stocks bid. Overall the Market is showing signs of confusion re: Central Banks lack of clarity on inflation. Oil is bid, while the recession and inflation fears remain, mixed with tightening supplies. We all could be at the cusp of a huge stagflation storm and it has just begun.

ARE WE HEADING FOR A STOCK MARKET CRASH? (Cont)