The Money GPS

TOPICS AND TIMESTAMPS:

What Will Happen? 0:00

CREDIBILITY 1:11

HISTORY 5:06

CHARTS GALORE 7:47

Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-15/fed-could-restore-credibility-with-50-basis-point-hike-ackman

Bill Ackman on Twitter: "While it has become conventional wisdom that the @federalreserve will raise rates 3 to 4 times this year to mitigate inflation, the market expects 25 bp increments. The unresolved elephant in the room is the loss of the Fed’s perceived credibility as an inflation fighter and" / Twitter

https://twitter.com/BillAckman/status/1482449525595943045?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1482449525595943045%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2022-01-15%2Ffed-could-restore-credibility-with-50-basis-point-hike-ackman

David Rosenberg on Twitter: "Inflation is 7% and the last time this happened, we had a double-dip recession. Prior to the pandemic, 5%+ inflation presaged all seven recessions over the past sixty years. Les jeux sont faits. #Economy #Inflation #DavidRosenberg #RosenbergResearch #RRMacro https://t.co/ZXXjCARL9D" / Twitter

https://twitter.com/EconguyRosie/status/1481661301126483971?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1481661301126483971%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fhow-goldman-convincing-its-clients-not-freak-out-about-fed-rate-hikes

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TOPICS AND TIMESTAMPS:

The Slide 0:00

INFLATIONARY DEFLATION 1:10

ASSET DIRECTION 5:40

TRILLIONS AND TRILLIONS 11:09

U.S. retail sales slid last month amid inflation, Omicron hits - BNN Bloomberg

https://www.bnnbloomberg.ca/u-s-retail-sales-slide-sharply-as-inflation-weighs-on-consumers-1.1707640

2022-01-14_07-05-05.jpg (1000×592)

https://cms.zerohedge.com/s3/files/inline-images/2022-01-14_07-05-05.jpg?itok=DmfEZ47n

Bond Market Forecasts Bad Economic News - WSJ

https://www.wsj.com/articles/bond-market-forecasts-bad-economy-11642098186

Henry Kaufman, 1970s Wall Street Dr. Doom, Blasts Powell on Inflation - BNN Bloomberg

https://www.bnnbloomberg.ca/henry-kaufman-1970s-wall-street-dr-doom-blasts-powell-on-inflation-1.1707272

Will Oil Prices Rise More? Merchant Commodity Fund's Doug King Sees $200/Barrel - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-13/commodity-trader-king-eyes-200-oil-after-record-hedge-fund-gain?sref=ZMFHsM5Z

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-14_10-35-41.jpg?itok=r1HejBKJ

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https://cms.zerohedge.com/s3/files/inline-images/fed%20assets%20BS.jpg?itok=j7W_YvJZ

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-14_10-29-02.jpg?itok=l-a2xhQK

TOPICS AND TIMESTAMPS:

Plan B 0:00

WHAT’S HAPPENING? 0:51

WHICH STOCKS BENEFIT? 3:11

ECONOMIC MISFORTUNE 8:20

Fed's Clarida: Policy normalization in 2022 is consistent with framework | Reuters

https://www.reuters.com/article/marketsNews/idUSL1N2TT298?il=0

Stock Market Today: Dow, S&P Live Updates for Jan. 13, 2022 - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-12/asia-stocks-seen-steady-dollar-sinks-after-cpi-markets-wrap

Federal Reserve will jackup interest rates 10 times before 2025: Goldman Sachs

https://finance.yahoo.com/news/federal-reserve-will-jackup-interest-rates-10-times-before-2025-goldman-sachs-131416174.html

Warren Buffett says these are the best stocks to own when inflation spikes — with consumer prices at a 40-year high, it's time to follow his lead

https://finance.yahoo.com/news/warren-buffett-says-best-stocks-195200409.html

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https://cms.zerohedge.com/s3/files/inline-images/unnamed%20%282%29_119.png?itok=g75Cicb_

Best Stocks: Buy the Dip, Strategists From Goldman Sachs to UBS Say - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-11/goldman-sachs-to-ubs-wealth-strategists-say-buy-dip-in-stocks

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TOPICS AND TIMESTAMPS:

Don’t Worry Be Happy 0:00

FED SAID WHAT? 1:01

INFLATION BREAKDOWN 4:27

$200 OIL? 8:33

Fed's Mester would back March rate hike to fight inflation | Reuters

https://www.reuters.com/world/us/feds-mester-says-she-would-support-march-rate-hike-battle-persistent-inflation-2022-01-11/

Fed's Bostic says three hikes, fast balance sheet runoff needed for inflation fight | Reuters

https://www.reuters.com/business/feds-bostic-says-three-hikes-fast-balance-sheet-runoff-needed-inflation-fight-2022-01-11/

Fed’s Daly Joins Camp That Sees Rate Liftoff as Early as March

https://ca.finance.yahoo.com/news/mester-says-shrink-fed-balance-171336823.html

U.S. central bankers set sights on March rate hike | Reuters

https://www.reuters.com/business/feds-daly-us-interest-rate-hikes-could-start-march-2022-01-12/

Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus - WSJ

https://www.wsj.com/articles/powell-confirmation-hearing-could-shed-more-light-on-plans-to-contain-inflation-11641897004

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-12_05-33-02.jpg?itok=WQ03jlbs

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-12_05-31-55.jpg?itok=4qzZLqoQ

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https://cms.zerohedge.com/s3/files/inline-images/image%20-%202022-01-12T054057.006.png?itok=f4UGMoJM

TOPICS AND TIMESTAMPS:

Big Changes 0:00

EMPTY SHELVES 0:49

DEBT AND INTEREST 6:32

ENERGY PRICES 10:01

Shoppers 'astounded' by thinning grocery store supplies: 'It's just empty shelves' | Fox News

https://www.foxnews.com/us/shoppers-astounded-empty-shelves

Fed's Powell: High inflation poses a threat to job market | AP News

https://apnews.com/article/joe-biden-business-prices-inflation-jerome-powell-9521329e7a977c78f7765784112e5c63

Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus - WSJ

https://www.wsj.com/articles/powell-confirmation-hearing-could-shed-more-light-on-plans-to-contain-inflation-11641897004

Gundlach Sees ‘Recessionary Pressure’ Building With Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-11/gundlach-sees-recessionary-pressure-building-with-inflation

Amid rising prices, U.S. households fall deeper in debt

https://www.cnbc.com/2022/01/11/amid-rising-prices-us-households-fall-deeper-in-debt.html

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RBC CEO David McKay Calls for ‘Rapid Action’ on Rates to Tame Inflation - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-11/rbc-s-mckay-calls-for-rapid-action-on-rates-to-tame-inflation?srnd=premium-canada

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-10_05-26-39.jpg?itok=Eq4ec-dO

TOPICS AND TIMESTAMPS:

What’s It Going To Be? 0:00

BE PREPARED 0:37

THE BIG SHIFT 2:45

FOLLOW THE MONEY 5:29

MONEY OUTFLOWS 11:19

$GPS INSIGHTS

HIGHER INTEREST RATES, LESS SPENDING

OVEREXPOSED AND OVERLEVERAGED

Inflation up, virus down as priorities in US: AP-NORC poll | AP News

https://apnews.com/article/coronavirus-pandemic-joe-biden-business-health-elections-bb16c5c52e2bf719ec8a0c5415aaf66c

Jamie Dimon sees the best economic growth in decades, more than 4 Fed rate hikes this year

https://www.cnbc.com/2022/01/10/jamie-dimon-sees-the-best-economic-growth-in-decades-more-than-4-fed-rate-hikes-this-year.html

Higher interest rates upset stock market as hot inflation tests the Fed

https://www.cnbc.com/2022/01/10/higher-interest-rates-test-stock-market-as-hot-inflation-tests-the-fed.html

Column: Oil bulls increasingly confident as Omicron risk fades: Kemp | Reuters

https://www.reuters.com/markets/funds/oil-bulls-increasingly-confident-omicron-risk-fades-kemp-2022-01-10/

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TOPICS AND TIMESTAMPS:

Where We’re At 0:00

WHAT WILL HAPPEN? 0:42

ECONOMIC HEADWINDS 3:37

STOCKS CATCH ON 6:35

NO GROWTH 9:39

$GPS INSIGHTS

MARKETS OVERREACT TO THE DOWNSIDE

REBALANCING OF PORTFOLIOS

ASSETS CAN MOVE HIGHER FOR A PERIOD

Oil Prices for Jan. 07, 2022: Brent Crude, WTI - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-06/oil-heads-for-third-weekly-advance-as-constraints-tighten-market

U.S. Futures, Asia Stocks Fluctuate on Bond Rout: Markets Wrap

https://ca.finance.yahoo.com/news/stocks-seen-steady-bond-volatility-214251161.html

Goldman Now Expects Four Fed Hikes, Sees Faster Runoff in 2022 - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-10/goldman-now-expects-four-fed-hikes-sees-faster-runoff-in-2022

Fed Unites Left and Right in Warning It’s Behind Inflation Curve - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-09/fed-unites-left-and-right-in-warning-it-s-behind-inflation-curve?srnd=premium-canada

Canada's Oil Sands Exports to Asia Reach Record With New Link - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-07/canadian-exports-of-crude-from-the-u-s-hit-a-record-last-month?srnd=premium-canada

Record Vegetable Oil Prices Risk Even Faster Inflation - Bloomberg

This is the Most Critical Moment For Crypto

TOPICS AND TIMESTAMPS:

The Big Challenge 0:00

CRYPTO FALLS 0:42

THE CATALYST 3:19

WHAT’S HAPPENING? 10:16

$GPS INSIGHTS:

DON’T OVEREXPOSE YOURSELF TO 1 ASSET CLASS

HEDGE AGAINST INFLATION BY BUYING REAL ASSETS

BUY AT TODAY’S PRICES TO LOCK IN

Bitcoin (XBT) Slides Again Toward $40,000 - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-08/bitcoin-s-swoon-deepens-as-bears-begin-to-test-40-000-threshold?srnd=premium-canada

Bitcoin (BTC) ETF Goes From Boom to Bust After a Record U.S. Debut - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-07/bitcoin-etf-goes-from-boom-to-bust-after-a-record-u-s-debut

Documenting Bitcoin 📄 on Twitter: "Jan, 8th 2021: $40,800 Jan, 8th 2022: $40,800 Seems like a pretty stable currency." / Twitter

https://twitter.com/DocumentingBTC/status/1479928889128505345?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1479928889128505345%7Ctwgr%5Ehb_1_7%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fbitcoin-more-oversold-during-may-2021-crash-amid-furious-weekend-mauling

Bitcoin Fear and Greed Index on Twitter: "Bitcoin Fear and Greed Index is 10 — Extreme Fear Current price: $41,837 https://t.co/bXDAnSFX0H" / Twitter

https://twitter.com/BitcoinFear/status/1479777430831308802/photo/1

TOPICS AND TIMESTAMPS:

Ruined 0:00

MARKET CRISIS 0:34

WEAKNESS AND FEAR 5:25

FED BUY STOCKS 8:52

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-06_13-04-28.jpg?itok=d6y3zcfp

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https://cms.zerohedge.com/s3/files/inline-images/massive%20meltdown%20in%20nasdaq.jpg?itok=LVuN-rM7

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https://cms.zerohedge.com/s3/files/inline-images/2022-01-06_11-48-42.jpg?itok=Mswn5ABs

Fed rate view brightens European bank stock outlook | Reuters

https://www.reuters.com/markets/europe/fed-rate-view-brightens-european-bank-stock-outlook-2022-01-06/

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Will Investors Go Along With a Weaker ‘Fed Put’? - Bloomberg

https://www.bloomberg.com/opinion/articles/2022-01-06/will-investors-go-along-with-a-weaker-fed-put?srnd=premium-europe

The Fed is scaring markets with the triple threat of policy tightening

TOPICS AND TIMESTAMPS:

Oops Fed Did It Again 0:00

MARKETS REACTION 0:37

MONEY FLEEING 7:15

MORE STIMULUS 10:00

Interest-Rate Worries Batter Stock Market - WSJ

https://www.wsj.com/articles/global-stock-markets-dow-update-01-05-2022-11641374345

Fed Minutes Flag Chance of Earlier Hikes, Balance-Sheet Rundown - Bloomberg

https://www.bloomberg.com/news/articles/2022-01-05/fed-minutes-flag-chance-of-earlier-hikes-balance-sheet-rundown?utm_campaign=socialflow-organic&utm_source=twitter&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social

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Minutes of the Federal Open Market Committee, December 14-15, 2021

https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20211215.pdf