From the desk of Willie Delwiche.

From the desk of Willie Delwiche.

Key Takeaways:

• Market experiencing most persistent...

From the desk of Willie Delwiche.

Bond market moves are getting plenty of attention this week. 10-year Treasury yields dropped to levels not seen since the opening trading sessions of 2022 and German yields have dipped back into...

From the desk of Willie Delwiche.

Key Takeaways:

• In an effort to fight inflation, the...

From the desk of Willie Delwiche.

It was certainly a busy week filled with volatility-inducing headlines that produced sharp sell-offs and stunning reversals. And all in just four trading days. Stepping back from the noise, it can be...

From the desk of Willie Delwiche.

With equity market trends in the US deteriorating, we have reduced...

This is the video recording of the February 24th Weekly Town Hall w/ Willie Delwiche

02/24/22 2:00 PM ET

From the desk of Willie Delwiche.

Key Takeaway: Optimism wanes, and pessimism builds as the II bull-bear spread narrowed last week to just 1.2%, down more than 4% from the previous week. That brings the spread to its...

From the desk of Willie Delwiche.

Key Takeaways:

• News headlines exacerbating...

From the desk of Willie Delwiche.

There are plenty of ways in which we make our lives more complicated. There’s an endless list of things we could look at that would obscure our perspective. If I’ve learned anything in nearly a...

This is the video recording of the February 17th Weekly Town Hall w/ Willie Delwiche

02/17/22 2:00 PM ET

From the desk of Willie Delwiche.

I’m reading the book “Trillions” by Robin Wigglesworth right now. It’s about the rise of passive index investing – or, according to its sub-title, “How a band of Wall Street renegades invented the...

From the desk of Willie Delwiche.

Key Takeaway: Speculative excesses have been unwinding for a year and that has taken its toll on investor sentiment. The overall mood is characterized by a lack of optimism rather than...

From the desk of Willie Delwiche.

Key Takeaways:

• Flat-footed Fed hurrying to get policy in harmony with reality
• German yields...

From the desk of Willie Delwiche.

Key Takeaways:

• US equities churn as new lows out...

From the desk of Willie Delwiche.

There are no magic indicators that are right 100% of the time, no silver bullets, no “one Ring to rule them all.” That’s why we spend so much time talking about weighing the evidence and looking at...

This is the video recording of the February 10th Weekly Town Hall w/ Willie Delwiche

02/10/22 2:00 PM ET

From the desk of Willie Delwiche.

There is plenty of chatter today about inflation, the bond market, and the Fed. 

I have a couple charts to share – and a couple key points worth making. 

Inflation continues to run much...

From the desk of Willie Delwiche.

Key Takeaway: Sentiment has unwound to a point that it’s now seen as an opportunity rather than a risk. Pessimism runs high, investors are cranky, and we have had the most bears since...

From the desk of Willie Delwiche.

Key Takeaways:

• Risk pairs moving toward risk off extremes
• Risk On is weakening more than Risk...

From the desk of Willie Delwiche.

Key Takeaways:

• It takes energy to stay on top of...

From the desk of Willie Delwiche.

By looking at various ratios relative to where they have been over the past year, we get a sense of investor risk appetite from an intermarket perspective. The pairwise comparisons in our risk off -...

This is the video recording of the February 2nd Weekly Town Hall w/ Willie Delwiche & JC Parets

02/03/22 2:00 PM ET