Chang’s Thought (2024.06.21): Depression
There isn’t much difference from last week. Stay bullish above $65,000. The market continued to be completely unresponsive to the good news. The overall decline continues. In particular, there was…
SignalPlus Vol Commentary (19 Jun 2024)
Yesterday (June 18), the U.S. May retail sales monthly rate, dubbed “terror data” by the market, recorded a lower-than-expected 0.1%, while the previous value was revised down from 0% to…
SignalPlus Morning Briefing: Crise de l’Euro?
Global politics appear to be taking over center stage again, with the unexpected snap election called by French President Macron after his allies’ crushing defeat during the European elections over…
Chang’s Thought (2024.06.14): After CPI and FOMC
Since 1967, there have been 689 CPI announcements, of which there were only 31 core CPI (ex-shelter) recordings that were negative compared to the previous month. Yesterday was one of…
SignalPlus Morning Briefing (13 Jun 2024)
The big macro double-header day was finally upon us, and things certainly didn’t disappoint. CPI started us off with a much softer than expected print, with core rising 0.16% MoM…