Year Of The Pig: Wealth And Fortune?

Published on: February 14th, 2019

February has welcomed in the Chinese Year of the Pig, often associated with wealth and fortune. We are off to a good start this calendar year, but can it last? As US equities move back to their sell zone, I examine catalysts for more benign as well as more malign outcomes.

Comments

  • MG
    Miguel G.
    21 February 2019 @ 13:17
    Julian, so FOMC minutes on Feb 20th basically saw the fed go full dovish from being hawks less than two months ago. I understand how some may speculate as this pivot being a possible buying opportunity, but isn't there a risk here where investors wake up to the reality of the data that shows a slowing global economy and take the feds pivot dovish as a "Oh sh**" moment and sell the news? Previous cycle peaks that led to the fed pivoting from hawks to doves led to a sell off and resumption of the bear market and am wondering if this set up is similar. I guess were at a cross roads here and the next 30-60 days may bring a whole lot of clarity as to what were actually dealing with here. Place your bets : )
  • lD
    lance D.
    17 February 2019 @ 19:11
    Raoul you have a basket of 27 currencies against gold and you say had been in a range back in september/october time .. hows it hanging currently ? Julian at the same time you was on the idea of euro strength dax down risk off dollar rally i see it did sort of do what you predicted just would like to know has that idea come and gone ? thanks
    • lD
      lance D.
      18 February 2019 @ 06:32
      Or with so much interest on the long end of the curve is it time to revisit the a spike higher in European yields shorter durations idea
  • MS
    Mark S.
    17 February 2019 @ 01:52
    Any update since this past Friday SPX rose above 200 day MA and oil closed above 55? I ask because you hinted at the meeting of the minds that we could continue to go higher on the SPX.
  • JK
    James K.
    15 February 2019 @ 05:24
    I’m still closely watching and slowly accumulating gold/silver ETFs & stocks....a fly in the ointment is the US $$.... They can rise together, but not recently... All kinds of positive technical chart patterns ... Ant thoughts appreciated Julian .... Thanks ....
  • KA
    Kelly A.
    14 February 2019 @ 22:47
    Excellent and timely! thank you.
  • JM
    Jay M.
    14 February 2019 @ 22:12
    Thank you Julien!