Page 2 - Two Year Note News Today

So much for all of those genius economists that told you a 'recession' just wasn't in the data....XLF

What the Red Hot CPI Means for Investors and the Fed

Expanded economic hardship if not outright contraction in two to three years is exactly what Treasury markets are signaling....XLRE

The US Dollar put in a quick reversal last week on the back of some comments from James Bullard, and that's had reverberations in a number of other markets. Can it continue?

Stephen Guilfoyle in his Market Recon is seeking confirmation of the market's direction, is stunned by the huge build in inventory, comments on the lousy durable goods numbers, is concerned about the strengthening of the U.S. dollar, and casts a wary eye at the narrowing spread in Treasuries...MSFT

Fed Thoughts, The Statement, The Presser, Trading ServiceNow and Lam Research: Market Recon...MO

The FOMC held rates flat at today's rate decision, but the devil is in the details and the press conference is where many are looking for clues on the Fed's stance for the rest of the year.

Stephen Guilfoyle in his Market Recon column touches on the December jobs report and its potential impact on the Fed's psychology, James Bullard's grenade, Treasury notes of note, a fresh take on Fresca, rising mortgage rates and why he continues to hold out hope of SoFi Technologies (SOFI)....XLE

Negative returns for 2022? It's a midterm election year. We will see increased volatility. Anything is possible, and it would not surprise me....XLRE

Stephen Guilfoyle in his Market Recon column highlights how the latest COVID variant news out of South Africa is slamming equity markets worldwide, the good U.S. economic data released Wednesday and the flow of money mostly into and but also out of ETFs, plus is keeping an eye on Black Friday....WMT