SlateStone Wealth LLC

11/17/2023

https://slatestone.com/2023/11/eventually-we-will-get-rate-cuts-brilliant-try-the-roast-turkey/

Things you need to know. The pilot has turned on the ‘fasten seat belt’ sign…. Investors continue to go all in… Stocks, bonds & gold move higher. Oil, the dollar and the VIX move lower…. Rates remain in pause mode. Here is the Roast Turkey The economy closes in on a soft landing…. And it...

11/16/2023

https://slatestone.com/2023/11/ppi-better-retail-sales-ok-fed-cut-really-try-the-roasted-cornish-hens/

Things you need to know. PPI also better than expected – Mkts rally, just not so much. Retail Sales weaker m/m but better than expectations…. Consumer is strong. FED Cut? Come on man…. Really? Dollar down, Gold Up, Oil Churns as rumors swirl…. Try the Simple Roasted Cornish Hens Yesterday’...

11/14/2023

https://slatestone.com/2023/11/accentuate-the-positive-eliminate-the-negatives-try-the-italian-style-sausage-stuffing/

Things you need to know. – Get ready for the 8:30 am CPI read – the best is for it to be weaker. – Stocks ready to rumble…. You can just feel it…. – Bond yields back off just enough yesterday, will they move lower today? – Guess what? China oil demand to hit a new annual RECORD! – Tr...

11/13/2023

https://slatestone.com/2023/11/bond-auctions-showing-cracks-stocks-remain-confused-try-the-scallops-bathed-in-vermouth/

  Things you need to know. – Stocks remain confused – downs are dramatic, and ups are dramatic. – Bond auctions show signs of weakness, sending yields up. – Moody’s downgrades outlook to negative, leaves credit at Aaa. – Gov’t shutdown looming, Can Mikey Johnson Save the Day? – Try ...

11/09/2023

Things you need to know. – The 10 yr. bond auction went off a bit weaker than expected – today is the 30 yr. auction. – Are investors expecting a Harder landing or not? – Nothing on the economic calendar that will drive the action. – JJ to speak about Challenges for Monetary Policy. – Ba...

11/07/2023

https://slatestone.com/2023/11/hello-reality-check-aisle-2-big-week-for-treasuries-try-the-shells-w-sweet-sausage-pancetta-and-cannelloni-beans/

Things you need to know. – The rally fades – but that should not be a surprise – Janet to bring $112 billion to the market this week – how will it be received? – Gold down, Oil down as the War Risk Premium fades – Shells w/Sweet Sausage, Pancetta and Cannelloni Beans Hello? Reality Check...

11/06/2023

https://slatestone.com/2023/11/rate-cuts-now-expected-in-june-2024-stocks-bonds-surge-try-the-sicilian-t-bone/

11/03/2023

https://slatestone.com/2023/11/mkts-are-convinced-that-the-fed-is-done-bonds-rally-yields-fall-stocks-rally-try-the-apple-cinnamon-pork-chop/

Things you need to know. – Sammy is going to jail for a long time. – BoE joins the ECB and The FED – holding rates steady again. – Mkts now expect the FED to halt rate hikes – bonds surge, stocks surge. – Try the Apple Cinnamon Pork Chops SBF (Sam Bankman-Fried) is found GUILTY on all co...

10/31/2023

https://slatestone.com/2023/10/can-you-say-boom-er-rang-buy-algos-have-a-field-day-try-the-eggplant-caponata/

Things you need to know. – Stocks rally hard – Dow gains 550 pts! S&P back into the ‘normal trading range’ – Let’s not get too excited – we were in a ‘well oversold’ condition. – Today begins the 2-day FED meeting – results tomorrow at 2 pm. – Gold up, Treasuries steady, Oil ...

10/30/2023

https://slatestone.com/2023/10/sp-officially-enters-the-correction-zone-israel-slows-the-gaza-invasion-try-the-simple-spaghetti-meatballs/

Things you need to know. – The S&P enters the ‘correction zone’ leaving only the Dow in the ‘normal zone.’ – The Middle East conflict did not go into overdrive – oil lower, gold steady and stock futures point higher. – Treasuries continue to churn – but the path of least resistance...

10/27/2023

https://slatestone.com/2023/10/its-been-a-brutal-week-fed-in-lockdown-pce-due-today-try-the-chicken-saltimbocca/

Things you need to know. – It’s been a brutal week – on a number of fronts. – The Dow is the only index not in correction territory. – Bond yields continue to cause an issue for stocks. – Are earnings telling the whole story? – Janet Tells us that surging rates are good. – Gold UP, O...

10/23/2023

https://slatestone.com/2023/10/stocks-are-weaker-this-morning-10-yr-above-5-again-try-the-fusilli-w-crema-di-zucca/

Things you need to know. – Stocks end the week, weak and start the week, weaker – 10 yr treasuries are once again above 5% this morning – The war in Israel intensifies – Stocks in Europe lower – It’s a big earnings week – 30% of the S&P to report. – Try the Fusilli And the beating ju...