Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS BIDEN BONDS TOO HOT FOR BANK COLLATERAL! The net of the current banking crisis is that: 1 – Biden’s Spending => 2 – Inflation => 3 – Exploding Yields => 4 – The Instability of Banks’ Core Stabilizing Asset […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US BANKING CRISIS THE ‘TELLS’ OF SVB & POWELL’S CONGRESSIONAL TESTIMONY When the US’ 16th largest bank fails with $169B in uninsured deposits not covered by FDIC on a total asset base of $200B, markets panic! The collapse of the Silicon Valley Bank […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS INFLATION PRESSURES STUBBORN INFLATION PRESSURES DELAYING FED PIVOT Weakening Inflation is not sticking to the script by coming down relatively quickly. Instead it is universally stubbornly coming in higher than expectations and actually increasing on a M-o-M basis. This isn’t just a US […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS HOUSING & EMPLOYMENT HOUSING’S “10 MONTH CANARY” RULE The US Housing sector is one of the pillars of the US Economy. When the US Housing sector experiences serious disruption it can be expected to result in earning contraction in ~10 months. Housing is […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS MARKET RISK THE DE-STABILIZING FISCAL SHOCK WAVE NOW KICKING IN The spending and public policies implemented under the auspices of a Coivd-19 recovery are only now being felt. Rather than achieving their intended purpose, they are resulting in a de-stabilizing shock to the […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US STOCK MARKET RISK ARE WE THERE YET?? This newsletter is focused on being a follow-on to our recent August LONGWave video and last week’s newsletter. Friday’s August Options expiration was an important event with technical patterns achieving critical levels. Corporate earnings came […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US STOCK MARKET RISK A BEAR MARKET COUNTER RALLY OR SOMETHING ELSE?? The US equity markets have reached a critical signaling juncture of whether we are in a longer term bear market or the bear market is over and we are headed higher […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS FLOWS & LIQUIDITY THE DOG’S NOSE: CREDIT LEADS AGAIN! As we laid out in this month’s UnderTheLens video, it is the “Dog’s Nose” that first senses changes. Those changes are initially detected in the Credit Markets. This is precisely what occurred early this […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS US DOLLAR US DOLLAR SCREAMING POTENTIAL GLOBAL “RECESSION”! The Dow Jones index is down 13.95% since early January. The S&P 500 is down 20.2% in the same period. The Russel 2000 is down 28.7% and the Nasdaq Composite down an even more spectacular […]
Gordon T Long Global Macro Research | Macro-Technical Analysis TIPPING POINTS RISING RATES & INFLATION STAGFLATION PUSHING WORLD INTO GLOBAL RECESSION You can have Stagflation without having a Recession if economic growth stays positive. However, it is difficult to not have a Recession if Stagflation persists and inflation is not quickly harnessed and controlled. […]
