Macro Tides News Today

Signs of a weak economy are all around -- though not yet enough to be billed as 'The Recession'

Written by Jim WelshMacro Tides Weekly Technical Review 02 April 2021

Written by Jim WelshMacro Tides Weekly Technical Review 24 May 2021

Four Tailwinds Set To Fade Macro Tides Weekly Technical Review 03 May 2021 Four tailwinds developed after the Pandemic effectively shut down the U.S. economy. These tailwinds allowed the stock market to look forward rather than focusing solely on the widespread economic dislocation the Pandemic caused. The Federal Reserve slashed its policy rate to 0%, opened special facilities to provide liquidity to market sectors that were shutting down, and expanded its balance sheet from $4 trillion to $7...

Traditional Sources of Pent-Up Demand GDP estimates for 2021 keep climbing with the majority of economists expect a Roaring Twenties type of Boom kicking into gear in the second half of this year. Economists expect the successful vaccination of the majority of Americans to be completed by mid year which will unleash a torrent of pent-up demand. This concept is easy to grasp after a year of being careful, postponing vacations, not being able to enjoy frequent visits with family and friends aroun...

Interest Rate Spike Could Derail the Equity Buying Binge “The economy is on the mend and vaccine distribution is improving which provides the back drop supporting the buy-the-dip mentality no matter how shallow. Please share this article - Go to very top of page, right hand side, for social media buttons. "There is no doubt that the bull market that began in March 2020 after a 35% plunge has evolved into a speculative binge that has further to run. The expectation was that the S&P 500 would e...

Macro Tides Monthly Report 03 January 2021 Economists are forecasting a strong rebound in 2021 especially in the second half of the year. By the end of 2021 economists expect S&P 500 earnings to climb to $170.00 from $140.00 in 2020 and $161.00 in 2019. Much of this forecast is dependent on the speed of vaccinations and how quickly the American consumer can return to their ‘normal’ spending habits. With the S&P 500 trading above 3700, it is sporting a forward P/E of 22.00 which is the secon...