Substack - Nonconsensus

17 videos

Date Title Duration T A Summary Preview
Feb 18, 11:09 All Clear for More BoE Easing N/A No analysis
Feb 17, 11:13 Steady Eddy Foreign Investment N/A No analysis
Feb 16, 23:06 The Week Ahead 2026.02.16 N/A No analysis
Feb 13, 11:34 End of Elevated Inflation In Sight N/A No analysis
Feb 12, 11:09 Will a Pickup in Jobs Keep Spending Going? N/A === SUMMARY === * The US labor market is showing signs of a potential turnaround in 2026, with private payrolls posting the best numbers in over a y...
Feb 11, 11:05 All Clear To Dive Back Into Gold N/A === SUMMARY === - The gold market has normalized after a chaotic, retail-driven surge and subsequent correction in recent weeks, with the author signa...
Feb 10, 11:17 Dissaving Drives Decent Demand N/A === SUMMARY === * The US economy is experiencing real growth and robust household consumption, despite anemic employment growth, soft wage growth, a...
Feb 09, 11:06 Macro View On Software & Hyperscaler Pain N/A === SUMMARY === * The recent sell-off in software names and concerns over reduced hyperscaler stock buybacks are primarily an intra-market rotation,...
Feb 08, 23:06 The Week Ahead 2026.02.08 N/A === SUMMARY === * A significant sector rotation is underway, with "momo favorite software stocks imploding" while "old school value companies surge,...
Feb 06, 11:24 Frozen Labor Market Persists N/A === SUMMARY === - The labor market remains largely "frozen," characterized by job growth just above zero, a stable unemployment rate, and low labor su...
Feb 05, 11:17 Developed World Monetary Policy Divergence N/A === SUMMARY === - Global monetary policy is set to diverge significantly in 2026, with the US Federal Reserve positioned as the "easy money outlier" c...
Feb 04, 11:18 The Yield Curve Is Too Damn Flat N/A === SUMMARY === - Bob Elliott argues the US Treasury yield curve, specifically the 2/10s spread, is "too damn flat" at 50-70bps, significantly below a...
Feb 03, 12:03 Thematic Portfolio Update: Easy Street N/A === SUMMARY === - The administration has committed to an "Easy Street" path of easy monetary and fiscal policy, aiming to stimulate the economy despit...
Feb 03, 11:30 The Case For US Stocks N/A === SUMMARY === - Bob Elliott, previously cautious for over a year, is now bullish on US equities, citing dissipating macro headwinds and strengthenin...
Feb 02, 11:42 Underpricing Easy Street Policy N/A === SUMMARY === - The newly appointed, politically connected Fed chair is expected to pursue politically expedient easy monetary policies to support t...
Feb 01, 23:06 The Week Ahead 2026.02.01 N/A === SUMMARY === * The broad market rally is perceived as "overdone" and a "mania," despite a strong January, with last week's sharp reversal only un...
Jan 30, 11:21 Speculative Mania Speedbumps N/A === SUMMARY === * Markets are currently driven by a broad-based speculative mania, not nuanced macro views, as evidenced by high cross-asset correla...