FATT News and Press, Fat Tail Risk ETF From 08/24/21

Weak PMIs mean expectations of strong taper warnings at Jackson Hole are being pared back. This could be a mistake, but pessimism means even a hawkish Fed would be greeted with a modest market reaction. In the meantime, supply skews rates moderately higher this week. For fur...

Markets are so hopelessly addicted to stimulus that anything short of a commitment to zero interest rates and QE forever could burst the bubble. What makes the current cycle different this time is headline inflation rising at a record pace. The question is whether officials will b...

The media wants you to believe that the tapering of Quantitative Easing is a big deal with a potential bad outcome (“if it bleeds, it leads”). The exact opposite is the case. Covid Delta as a weapon of mass economic destruction - another media obsession. Is this round tw...

Falling growth does not mean the economy is contracting. It merely means that the rate of increase is slowing. How much it slows is something we can't know yet, but it is exactly what we've been expecting for months as we watched bond yields drop. One reason I think the current enviro...

What is the Federal Reserve going to do? Where are interest rates going? How does the political landscape affect it all? It's a lot of moving parts - stimulus, taxes, debt ceiling, tapering. Another piece is the looming supply crunch that we might see in the Treasury market. All of th...

The Fed issued minutes from the most recent FOMC meeting, and the release caused a bit of a kerfuffle in equity markets. The consternation came from the revelation that a majority of Fed officials think tapering of the bond buying program could begin before the end of this year. Other...

The rebound in consumer participation is an important part of the growth story we’ve seen in 2021, with accommodative monetary and fiscal policies also playing an important role. Going forward, we see these forces continuing to drive growth - albeit with some moderation - as co...

Last December, the Fed indicated that tapering would begin after “substantial further progress” toward the central bank’s employment and price-stability objectives. The Fed’s priority is to avoid disruption, making the successful 2014 taper a logical starti...

The chip problem is holding back what is already a monstrously robust (if artificial) sales environment in the auto sector. While the entire retail sector grapples with supply and supply chain issues, outside the automotive segment the rest of it has been far more successful mitigatin...

Taking investment cues from market price trends is pure Momentum Investing. Fundamentals do indeed determine the price trends over longer periods, but not within the time frame presented by media pundits. Fear of loss (risk) is the main driver in the human psyche, and this has long be...