By Steve Blumenthal July 7, 2022 S&P 500 Index -- 3,895 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return investors [...]Read More >

July 1, 2022 By Steve Blumenthal “Adjusting for inflation, first half S&P 500 down 25-26%, NASDAQ down 34-35%, Bitcoin down 64-65%. That was multiple compression, next up earnings compression so maybe halfway there.” – Michael Burry @MichaelJBurry If quantitative easing helped the stock [...]Read More >

By Steve Blumenthal June 29, 2022 S&P 500 Index -- 3,819 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return [...]Read More >

June 24, 2022 By Steve Blumenthal “Do not, do NOT invest in the present; the present is not what moves stock prices, change does.” “It's not about whether you are right or wrong, but about how much you make when you are right, and how much you lose when you are wrong.” – Stanley Druckenmiller, [...]Read More >

By Steve Blumenthal June 23, 2022 S&P 500 Index -- 3,795 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return [...]Read More >

June 17, 2022 By Steve Blumenthal “The risks of a debt bubble breaking and the rest of an equity bubble breaking have simply not been understood by our Federal Reserve since Paul Volcker. They are incredibly naive. They haven't even got a clue. They're not even interested in the idea. Bernanke [...]Read More >

By Steve Blumenthal June 16, 2022 S&P 500 Index -- 3,790 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return [...]Read More >

June 10, 2022 By Steve Blumenthal “This was the greatest closing panel in the 18-year history of my conferences. Even better than the closing panel food fight between Lacy Hunt, Neil Furguson and Richard Fisher in 2019.” – John Mauldin, Mauldin Economics and CMG's Chief Economist and Co-Portfolio [...]Read More >

By Steve Blumenthal June 9, 2022 S&P 500 Index -- 4,081 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return investors [...]Read More >

June 3, 2022 By Steve Blumenthal “The Fed is attempting to regain its credibility. There is a big risk that inflationary psychology becomes embedded.” – Felix Zulauf, Owner and President, Zulauf Asset Management “I was wrong about the path inflation would take,” Treasury Secretary Janet Yellen [...]Read More >

By Steve Blumenthal June 1, 2022 S&P 500 Index -- 4,101 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return investors [...]Read More >

May 27, 2022 By Steve Blumenthal I'm in Texas this week for business, golf, and due diligence. And I’m reflecting on the tragedy that happened here, and the senseless violence our country has endured recently. I’m thinking of the families that lost their children and loved ones, and thinking of [...]Read More >

By Steve Blumenthal May 25, 2022 S&P 500 Index -- 3,979 Posted each Wednesday, Trade Signals provides a summary of various Equity, Fixed Income, Sentiment, Economic, and Gold market indicators. Market trends persist over time and stem from changes in risk premiums (the return investors [...]Read More >

May 20, 2022 By Steve Blumenthal “I can complain because rose bushes have thorns or rejoice because thorn bushes have roses.” ― Sir John Templeton, Templeton Plan: 21 Steps to Personal Success and Real Happiness There were a lot of thorns in the stock market this week. To put the recent [...]Read More >

You can sign up to receive John's weekly free macro-economic letter here.  Now, on to the letter...  A Little Harder, by John Mauldin 5-13-22 Habib & Stockton: Mortgages in Recession Resource Security Panel Gavekal Times Three Friedman: Transition Point Bianco, Boockvar, and [...]Read More >