Gary Tanashian
Founder & Editor @ NFTRH.com
Gary Tanashian is founder and editor of the popular Notes from the Rabbit Hole (NFTRH). Gary successfully owned and operated a progressive medical component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities through various economic cycles. The natural progression from this experience is an understanding of and appreciation for global macro-economics as it relates to individual markets and sectors.
Gary Tanashian Articles
Unemployment continues to flounder along the bottom, in my opinion still carving out a low before an economic counter-cycle to come. But copious amounts of patience are required on this and many other financial/economic signals.
As FOMC rides into the sunset until March, the US Dollar index is left to fend for itself amid the hawkish (or at least not yet dovish) echos of Jerome Powell’s assertion that the market should not expect rate cuts in March. Well duh, we...
After the secondary extreme inversion of the 10-2 yield curve in July a new yield curve steepener was in the bag. That is exactly what the curve has been doing since the secondary inversion.
Today the US Dollar index (DXY) is pushing extremes, as markets so often do. It is popping through resistance and the SMA 200, just to get TAs and the machines alike riled up.
While it is far from the only important indicator for the markets, the Treasury bond yield curve (10yr-2yr) is very important because it takes what is probably the most important market for macro signaling (the bond market) and gives us a...
After a gentle disinflationary easing (Goldilocks), the bond market is hinting at an inflationary steepening of the 10yr-2yr yield curve. A yield curve can steepen under inflationary or deflationary pressure.
In fact, with patience it could turn out to be like shooting contrary fish in a barrel. The stock market rally – which NFTRH had anticipated a year ago on a larger basis and since October of this year for its next leg on a more compact...
The strategy of how to navigate what is ahead has been generally covered in NFTRH and with post-FOMC clarity, it is being fine tuned further, into an actionable game plan for the coming months per a detailed NFTRH+ update this morning.
The anticipated “Goldilocks” disinflation continues and the media thinks it will last.
Never mind that a soft landing is more myth than reality, at least in the boom/bust age of Inflation onDemand birthed by Alan Greenspan well over two decades ago. Let’s see how Friday’s November Payrolls report shakes out, but in the...
