Are recent comments by the Fed inspiring or perspiring? We discuss the sub-optimal setup for the European Central Bank, what is helping (and hurting) the case for a reversion to sub-2% inflation domestically, and what it means for markets over the near- and medium-term. Also, public service announcements on preventative health care and meme stocks.

We look at the situation facing the Fed as the market anxiously awaits comments from Jackson Hole. With student debt forgiveness and the misnamed Inflation Reduction Act renewing fiscal stimulus, can the Fed engineer a soft landing? We also analyze the divergence between the favorable technical setup versus stretched valuations. Finally, we recap the most recent round of meme stock mania which, thankfully, we watched from the sidelines.

In a market that makes about as much sense as August having an extra day, we examine the reasons for the strong equity returns in July and the incongruent views the market currently has on rates versus earnings expectations. We also discuss the squeeze consumers are feeling as savings rates decline and credit card debt expands.

After a brief hiatus, Will and Adam return to talk about the market’s welcome recent rebound. Is it a head fake or will the bad news is good news narrative continue? Higher inflation and restrictive Fed policy have the potential to head butt investors, but the technical set-up remains favorable.

Are equity markets still in the danger zone? Join Will, Adam, and Kenny Loggins (well, two of the three) as they discuss the brief bear market, what is fueling the recent rebound, and whether we are in for more turbulence. Can the Fed engineer a soft landing, or will it crash and burn? Be our wingman as we explore these topics and more.

Investors are certainly frowning upon the Fed’s recent comments. We explore large caps trading like small caps, how inflation is affecting consumer behavior and how companies are responding. We also delve into prior periods of market distress to look for signs as to how far along the current drawdown may be.