“Higher-for-longer central-bank policy expectations, a strengthening dollar, and subsequent worries about the sustainability of economic growth in a high-rate/strong-dollar environment, are acting as headwinds on global oil prices,” said Tyler Richey, co-editor at Sevens Report Research.
“But, a lot of that news has been digested by markets during this pullback and because it’s nothing new, we’re seeing a bit of a relief rally,” Essaye says.
t’s pretty much Economics 101 that bitcoin prices go up after halving, according to Sevens Report analyst Tom Essaye.
“The political hope is meeting a financial reality,” Tyler Richey, an analyst at Sevens Report Research, told ABC News.
Fed Expectations has hopes for a June rate cut dashed by the hot CPI report and now the market must deal with the possibility of just two — or even fewer — rate cuts in 2024, Tom Essaye, founder of Sevens Report Research, said.
That’s not what you want to see because what it tells you is you have a bunch of people who own stocks who are looking for an excuse to sell them, Sevens Report Research’s Tom Essaye told Barron’s.
Over the past two weeks, we’ve seen deterioration on multiple fronts, Sevens Report Research’s Tom Essaye told Barron’s in a phone interview.
Bottom line, tensions remain elevated between Israel and Hamas and while ceasefire talks are as close as they have been yet…said analysts in Sevens Report Research’s
The surging Vix briefly pushed the value of front-month Vix futures contracts expiring later this month above that of contracts expiring in May, causing the Vix futures curve to become inverted for the first time since February, according to Tyler Richey, co-editor of Sevens Report Research.
Investors piled into a new refuge as the U.S. dollar lost value and interest rate expectations dwindled.