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Fed Governor Waller leaning to "hold" pushes odds of a Sep hike down to 50% (on way to zero, in our view). We still expect "Sup"-tember, a contrarian bullish month.

VIDEO_:_ Fed Governor Waller indicated his inclination to hold in Sept, and his rationale focused on the fact that disinflationary forces are underway.  This helped...

Video: Macro Minute: Markets waiting for August CPI this coming Friday.  Our view remains the Fed will not hike in Sept even as Fed futures see 63% odds

VIDEO_:_ This Friday is the 25th anniversary of the 9/11 terror attacks.  And this date is also the release of August Core CPI.  This is...

2026 OUTLOOK (Lee): Wall of Skepticism + New Fed, S&P 500 Year-end 7,700

Video_: _Please tune into our 2026 Outlook webinar.  At the start of 2025, we said markets had two "puts" -- the Fed and the White...

Technology looks to have the power to lead, and it needs to, given waning sector strength

TUESDAY'S MINOR PULLBACK IN US EQUITIES SHOULDN'T PROVE TOO LONG-LASTING, AND NEAR-TERM TRENDS FOR THE CAP-WEIGHTED INDICES REMAIN BULLISH, WITH TECHNOLOGY CAPABLE OF CARRYING MARKETS...

2026 Technical Outlook: Expecting a choppy but positive year of consolidation

REMINDER: My 2026 Technical Outlook is tomorrow (12/15) at 2:00 PM Est. Additionally, please find my Outlook Deck attached HERE. CONCLUSION: A VOLATILE YEAR BUT...

Stocks Push Through September Effect to Start The Month Higher

Good evening,  Stocks started off September in the green to many investors’ surprise.  The S&P 500 has edged up 0.4% this month, with seven of...

Can China's Retail Traders Bail Out the Global Trade War?

CHART OF THE DAY GOOD MORNING! Could Chinese retail stock investors save the rest of the world? To me, it's not impossible. Around the world,...

Soft Power, Hard Returns

This July, the Pew Research Center reported a startling finding: in a poll of roughly 42,000 people in 36 countries, China is now viewed more...

Fed Decision Nears, Midterms in Two Months 

The Federal Open Markets Committee (FOMC) meets next week on Sept. 15-16. While Chair Kevin Warsh has talked about less communications, at the last FOMC presser he...

To Hike or Not to Hike

The Federal Reserve kept rates on hold at 3.5%–3.75% Wednesday for the fifth straight meeting. Unlike previous decisions however, a hold was far from guaranteed,...

2025 Markets Wrapped

2025 was another fantastic year for markets, continuing a bull-run as the 3rd Consecutive year of double-digit gains in the S&P 500. Yet despite the...

Fundstrat Direct 2Q26 Daily Earnings (EPS) Update – 08/28/2026

Video: Macro Minute: HBO documentary (airing tonight) claims to identify Satoshi. Still a "whipsaw" market but we expect investors to buy the dip, with 3Q24 EPS around the corner.

VIDEO: Be sure to tune into the HBO documentary Digital Money tonight at 9pm ET, where HBO claims to reveal the identity of Satoshi Nakamoto,...