Posts by Avalon Team

The market has been projecting more rate cuts during 2024 than the Fed, fueling the recent optimism around asset prices.

Inflation is still creeping up, but commodities may cause it to surge even higher triggering volatility in the markets.

Indexes – a valuable tool for measuring the overall market’s performance – has become more of a basis of investable products.

NVIDIA’s impressive YTD gain of over 70% has helped lift the entire industry group, but trees don’t grow to the sky.

Gold has surpassed the old high and is doing so in a meaningful way.

Despite last week’s impressive gain by NVIDIA stock, the Nasdaq has posted five losses in the past seven trading days.

The treasury bond auction of 20-year paper and the January FOMC meeting minutes deserve a second look.

The Fed watches core CPI, the CPI excluding food and beverages. What it would like to see is 2.0 percent inflation. The last three core readings were 4.0 percent, 3.9 percent, and 3.9 percent.

One of the basic tenets of Dow Theory – first postulated by Charles Dow in 1901 – is that indices or market averages must confirm each other.

For the better part of the last two years, market analysts have been pointing to the inverted yield curve and the implication of a likely recession – and now it appears to be de-inverting.