‘Humble & Nimble’

Check out the accompanying pdf and chart collection. (1) The case for a neck brace. (2) The S&P 500 may have adjusted for this year’s tightening round, but we’re pushing 5200 target into early 2023. (3) Record forward earnings and profit margins for all major S&P indexes. (4) The air has come out of several speculative bubbles without serious consequences. (5) Three measures of sentiment. (6) BBR is bearish, which is bullish. (7) VIX in correction territory. (8) Credit yield spread remains calm. (9) Nothing new decided at latest FOMC meeting. (10) March FOMC meeting should be decisive. (11) The Fed’s runoff issue. (12) Soft landing ahead? (13) Movie review: “The Power of the Dog” (- -).