Market Updates

January 2022 Update

  There is an old story about the market craze in sardine trading when the sardines disappeared from their traditional waters in Monterey, California. The commodity traders bid them up and the price of a can of sardines soared. One day a buyer decided to treat himself...

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Alternative Universe

The rush into commodities showed no signs of abating this week.  It makes little difference whether it’s a play to try and get ahead of the inflation curve that is garnering practically all the MSM headlines now or a place to park money to escape the volatile equity...

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Crypto Test

It hasn’t been the smoothest start to the year for the cryptocurrency crowd.  After seeing Bitcoin rise another 63% in 2021, the latter part of 2021 and the early days of 2022 have left investors disheartened and looking for clues that will help spurn on a sustainable...

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What We Have Learned

  We are still very early into 2022, but there have been some trends already established: 1. Rates matter.  On New Year's Eve the 10-year note yielded 1.52%, after five trading days in 2022 it now yields 1.80%.  Tech stocks were particularly offended by this move...

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The Four Horseman For 2022

As we peer into 2022, we first want to reiterate that it’s our opinion that the next few years will quite possibly be the most fertile ground for trading opportunities since the late 1990s. The reasons for this unabashed optimism are anchored by the following four...

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Time to Sparkle?

Precious metal bulls have not had a great time lately.  Despite all the massive macro winds at their backs, for seemingly years now, the price action has hardly confirmed their dream thesis that played out in spades (i.e., massive money printing.)  Gold “bugs” are fed...

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Big Week For China

It’s been a big week for news and China, and it looks like unfortunately that we are in the early stages of a long, contentious relationship with the US and China.  Let’s highlight some of the recent headlines and try and determine whether it can equate into tradeable...

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November 2021 Update

Back Then Forward We want to spend the majority of this update focusing on 2022 and the positive changes that await both our fund and partners; but first we need to wrap up some statistics for 2021, explicitly just where equities stand in relation to valuation and...

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Bonding Moments

Did the re-appointment of Chairman Powell on the 22nd light the proverbial spark under the rate market that will lead to a sustained move to higher in rates, a steeper yield curve, a hastening of the tapering program, and a final sign that the end of the easy money...

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The Alternative Future

As we stare down at the remains of the barrel of 2021 we begin to focus on how we will attack 2022; a year that is certain to be as interesting a year as ever.  There seems to be a real push toward investments outside the traditional baskets of stocks and bonds.  This...

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