Toll-free: (877) 631-6311 | Local: (602) 626-3100 |
Office Closed
.(JavaScript must be enabled to view this email address)
Dawn of a New Bull Market

Dawn of a New Bull Market


Dear Reader,

This week, I spoke with longtime friend Jared Dillian, former Wall Street trader, financial writer, and proponent of sentiment investing. His contrarian letter, The Daily Dirtnap, is read by thousands of market participants and high-net-worth investors.

In this week’s Global Macro Update, we discuss the Fed’s mixed-message press conference and what Powell’s comments really mean… why he feels we could be on the cusp of a new bull market… the sector Jared believes will lead a market rally... how sentiment trading works in practice... and much more. His take is out-of-consensus, which is why you should listen. 

You can access the full transcript of this week’s interview by clicking here.

The video of my full conversation with Jared Dillian is below.

The Midterm Election Boost

Since 1962, the S&P 500 has had a 16.3% average return the year after a midterm election. Compare that to a -1% average for the year leading up to a midterm election.

History suggests that the specific outcomes of midterm elections—whether seats are flipped or the opposing party is taking the House or Senate—are less important than the mere fact that elections are held.


Source: US Bank

So, will we soon be in a bull market again? Will the Fed continue to raise rates? What opportunities should investors look for in fixed income? Jared and I cover these and many more questions.

But first, our market recap...

A Quick Look at the Markets This Past Week…

Gold was down .35% to $1,634.

The average 30-year mortgage rate fell 1.8% to 6.95%.

Yields on 10-year Treasuries increased 2.84% to 4.12%.

The S&P 500 decreased 4.6% to 3,720.

Bitcoin was down 1.6% at $20,258.

Oil was up .23% at $88.11/barrel for WTI.

And now...

This Week’s Global Macro Update Interview

Click here or on the screenshot below to watch now…


Click the image above to watch Global Macro Update now

Alternatively, you can click here to read the transcript of this week’s interview.

Jared has agreed to give Global Macro Update readers a special offer. To get Jared’s unique, insightful market commentary 255 days a year, click here for a discount to his service, The Daily Dirtnap.

Thank you for reading Global Macro Update.

Sincerely,

Ed D’Agostino
Publisher, Mauldin Economics

If you prefer to listen, you can do so here:


Global Macro Update

The macro landscape remains unpredictable, and markets remain in flux—learn how your portfolio could be impacted and what’s ahead for the markets. Stay ahead of the stories that matter most.

View Latest Edition Now

Interviews with leading experts digging deep on the most urgent stories you need to know about.

Get Global Macro Update!

Free in your inbox every Friday

By opting in you are also consenting to receive Mauldin Economics' marketing emails. You can opt-out from these at any time. Privacy Policy

Get in Touch

1417 Sadler Road
PMB 415
Fernandina Beach, FL 32034

Toll-free: (877) 631-6311
Local: (602) 626-3100

Copyright © 2022 Mauldin Economics. All rights reserved.
×
Global Macro Update

Wait! Don't leave without...

Global Macro Update

Dig deep with Ed D’Agostino as he interviews leading experts on the most urgent stories you need to know about. Learn how your portfolio could be impacted and what's ahead for the markets... Delivered weekly on Fridays.

By opting in you are also consenting to receive Mauldin Economics' marketing emails. You can opt-out from these at any time. Privacy Policy