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Tom Essaye Quoted in CNBC on August 15, 2019

“The yield curve inverted which created a temporary ‘pile on’ effect in the bond markets. We have absolutely not seen what we wanted to out of the Fed. We had hoped for a rally in the 10-year yield…” wrote Tom Essaye of the Sevens Report. Click here to read the full article.

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Tom Essaye Quoted in CNBC on August 14, 2019

“Historically speaking the inversion of that benchmark yield curve measure means that we now must expect a recession anywhere from six-to-18 months from today which will…” said Tom Essaye in a note on Wednesday. Click here to read the full article.

Yield Curve Graph

Tom Essaye Quoted in CNBC on August 7, 2019

“Although gold futures remain near-term overbought, momentum is decidedly higher. Fundamentally, the sharp downtrends in bond yields…” said Tom Essaye, founder of the Sevens Report, in a note.

Weighing Gold

 

Tom Essaye was Quoted in CNBC on August 5, 2019

Dow jumps 300 points as Wall Street rebounds from the worst day of the year

“Going forward, stabilization in the U.S./China trade war is now the most important key to broader market stabilization…” said Tom Essaye, founder of The Sevens Report, in a note. Click here to read the full article.

A bank employee counts US currency and Chinese currency notes at a bank on August 6, 2019

Tom Essaye Quoted in CNBC on July 16, 2019

Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S. “Looking at this earnings season, the key question is: Will trade uncertainty cause businesses to pullback on spending and investment enough so that it begins to weigh on earnings?” said Tom Essaye, founder of the Sevens Report. Click here to read the full article.

Stock Trading Floor

Tom Essaye Quoted in CNBC on June 27, 2019

“For now what the bond market is doing is signaling the chances of a recession are more likely than the chances of a renewal of the expansion,” said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.

Traders on stock exchange floor

Tom Essaye Quoted in CNBC on June 27, 2019

“We’ve consistently repeated that the rally in stocks to essentially new highs has been driven by hopes of Fed rate cuts and a U.S.-China trade truce…” said Tom Essaye, founder of The Sevens Report. Click here to read the full article.

Trump

Tom Essaye Quoted in CNBC on June 12, 2019

“Momentum can carry this market higher especially into the Trump/Xi G20 summit, but the bigger (and longer-term more important) question regarding…” says Tom Essaye. Click here to read the full article on CNBC.

Stock Buyer on the stock exchange floor

Tom Essaye Quoted in CNBC on June 11, 2019

Tom Essaye was quoted in CNBC on June 11, 2019. “You had a market that became very pessimistic and then all of a sudden we had the Fed’s dovish rhetoric and no Mexican tariffs, and that’s basically causing a squeeze…” Click here to read the full article.

Trader on the NY Stock Exchange Floor

Tom Essaye Quoted in CNBC on May 30, 2019

Tom Essaye quoted in CNBC on May 30, 2019. The “worst case scenario is foreign governments (China/Mexico) simply wait Trump out given we’re 19 months from an election…” click here to read the full article.

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