Taper Tantrum 4.0

Check out the accompanying pdf and chart collection. (1) Taper tantrums now and then. (2) Easier for the Fed to back off during past three tantrums than now. (3) A work in progress. (4) November’s CPI won’t help. (5) What is the yield curve telling us? (6) Sentiment indexes are bearish on balance, which is bullish. (7) Betting on earnings growth and liquidity. (8) The stock market equation. (9) Peak earnings growth will be followed by less earnings growth. (10) Growth-vs-Value rollercoaster driven by pandemic waves. (11) The death of Growth, Tech, and high-P/E stocks has been exaggerated.