Robert Lloyd, CFA
- Jun 18, 2021
Just a HINT of policy change from the FED...
On Wednesday, we received a note and press conference from the Fed where they commented on higher than expected inflation and how they...
Robert Lloyd, CFA
- Jun 14, 2021
Will They Or Won't They?
What is the Fed thinking? Will they or won't they? On the one hand, we have the highest core inflation readings in decades. On the other...
Robert Lloyd, CFA
- Jun 11, 2021
Is the Recovery Toast?
If bank lending doesn't pick up soon, the recovery is toast... With the yield curve flatter than the last 3 recoveries, bank incentives...
Robert Lloyd, CFA
- Jun 10, 2021
INFLATION!!!
#INFLATION!!!! Well, maybe "Inflation". Here are three ways to look at it: 1. The long term core inflation posted a new high of 3.8%....
Robert Lloyd, CFA
- Jun 10, 2021
Has Market Behavior Changed Permanently?
Josh Brown argues that the recent pattern in market behavior is a permanent change. While I don't agree, his observations are valid and...
Robert Lloyd, CFA
- Jun 6, 2021
Indexers Win Again
AMC Drama Is Exposing Risks in $11 Trillion World of Indexing (yahoo.com) Great Article. WRONG Conclusion. The rapid rise of AMC and...
Robert Lloyd, CFA
- Jun 6, 2021
The Bitcoin Bubble
There are 2 schools of thought regarding Bitcoin: 1) It is a speculative bubble and will eventually collapse 2) It is an alternative...
Robert Lloyd, CFA
- Jun 6, 2021
The Food Is Terrible And The Portions Are Small
Housing Market Commentary Interest rates are a key factor in home buying decisions, so it should be no surprise that existing home sales...
Robert Lloyd, CFA
- Jun 6, 2021
The Economy is Smoking Hot
The Purchasing Manager Indicators (PMIs) are great sentiment indicators that give us fairly current measurements of economic activity....
Robert Lloyd, CFA
- Jun 2, 2021
Employment Lags The Recovery
Employment Lags Recovery There is a glaring bifurcation between the profits/GDP growth story and employment. GDP has recently hit a new...