The Powell Indicator

The Powell Indicator

  The U.S. job market reminds me of the way the character Mugatu describes the male fashion model Hansel in the 2001 film Zoolander. “So hot right now.” Currently, there are around 11.3 million open jobs in the United States, compared to just 6.2...
Easy (Money) Does It

Easy (Money) Does It

  The stock market runs on money. It prefers an environment in which liquidity is readily available and banks are flush with cash. So naturally, we look to the nation’s central bank, the Federal Reserve, for clues on liquidity. The Federal Reserve is primarily...