Andy Krieger's Thoughts on the Market

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Andy Krieger

Andy Krieger

7 December 2023 - Thoughts on the Market

7 December 2023 - Thoughts on the Market

Up the Stairs, Down the Elevator – The Reversal in Dollar Yen Has Started This has been a strange year in the markets, with many securities, currencies, and commodities having been driven way beyond rational valuation levels due to the building up of massive speculative exposures. Eventually these distortions will get

4 December 2023 - Thoughts on the Market

4 December 2023 - Thoughts on the Market

Here is another brief update before a longer write-up in several weeks. In my analysis of November 19, 2023, I had written that we were likely in the early stages of a major, new rally in gold. The recent price action confirms this view, with gold having exploded higher from

19 November 2023 - Thoughts on the Market

19 November 2023 - Thoughts on the Market

In the past month, we have seen quite a number of interesting moves in the markets. The moves have been powerful and spread across many different asset classes. I think it is a good time to assess where we are, where we have come from, and where we are likely

11 October 2023 - Thoughts on the Market

11 October 2023 - Thoughts on the Market

Today’s write-up will be a brief update on some recent market developments. My next write-up will address a variety of market developments in greater detail. First, I want to touch on gold. In my “Thoughts on the Market” of April 27, 2023, I wrote that gold was getting ready

27 September 2023 - Thoughts on the Market

27 September 2023 - Thoughts on the Market

In my August update, I outlined a broad macroeconomic forecast which, for the most part, I still like. First and foremost, I warned of a sharp spike higher in the 30-year US treasury interest rates. This is playing out pretty much as expected. Rates have shot up from 4.16%

9 August 2023 - Thoughts on the Market

9 August 2023 - Thoughts on the Market

The past few years have given us a fascinating lesson in just how wrong the “experts” can be when it comes to forecasting. The remarkable call from Jerome Powell that inflation in 2021 would be “transitory” was just one of many noteworthy misses. Last year, almost every Wall Street analyst

13 July 2023 - Thoughts on the Market

13 July 2023 - Thoughts on the Market

In my last write-up, on June 12, 2023, I cautioned my readers not to be fooled by the yen weakness that was dominating the foreign exchange market as the dollar would not be able to sustain a move above 143.00 yen per dollar. I was sure the yen weakness