November 14, 2022 | Global energy prices have collapsed as Europe has met storage quotas for natural gas, with many +90%. Something that many thought was impossible just 6 months ago.The battle is not over yet, a cold winter may put upward pressure on prices when gas is most needed. Source: The Economist

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November 14, 2022 | There is something odd going on in bond- land. As safer bonds are pricing in rougher waters ahead, riskier bonds continue to be hunky-dory in the current environment. Two different narratives playing out… Source: Torsten Slok

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November 7, 2022 | Inventory levels at companies in the S&P 500 are growing faster than they can sell them. Which is a signal that sales at companies are slowing down. Finding evidence that revenue numbers may disappoint moving into 2023. Source: Morgan Stanley

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November 7, 2022 | This week the Fed raised its rates +0.75% and had a more hawkish tone. In October, long-term inflation expectations unhinged from the 2% target, moving back toward the 2.5% level. Further from 2% = Hawkish Fed. Closer to 2% = Dovish Fed. Source: thedailyshot, Source Financial Advisors

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October 31, 2022 | Rents are falling on a month over month basis. Lower rents will translate into lower housing prices in the real estate market. The tide is turning for housing. Source: thedailyshot, Bloomberg

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