History suggests the answer is probably no

History suggests the answer is probably no. More often, the reversal of a yield-curve inversion has signaled that the wheels are about to come off the economy and the stock market with it, according to Tom Essaye, a former Merrill Lynch trader and founder of Sevens Report Research.

Powell’s Testimony Takeaways

What’s in Today’s Report: Powell’s testimony takeaways, NFIB small business survey signals cautious outlook, and more…

Where Is the Fed Put?

What’s in Today’s Report: Bottom line: Powell re-nomination hearings and the Fed put, Chart: S&P 500 “Current Situation” support holds.

How Should We React to Fed Hawkishness?

What’s in Today’s Report: How should we react to Fed Hawkishness? All about the Fed (Powell testifies Tuesday) More on inflation.

Tom Essaye Interviewed on TD Ameritrade Network The Watch List on January 5, 2022

The Fed is already actively discussing shrinking the balance sheet showing they are serious about…says Tom Essaye of The Sevens Report.

Market Multiple Chart

Market Multiple Chart

What’s in Today’s Report: Market Multiple Chart, Futures are slightly higher, European inflation data, and more…

Man pointing at a graph

The Single Reason the FOMC Minutes Were Hawkish

What’s in Today’s Report: Jobs Report preview, The single reason the FOMC minutes were hawkish, slightly changed futures, and more…