91. Things are heating up as investors ignite a red-hot rally despite signs that everything is NOT fine

  Welcome back to Milkshakes, Markets, Madness. Additional weekly content, including a Monday “Peek at the Week”, Flash Market Updates, and fringe topic discussions on the “Madness Edition” series, are all available exclusively on the YouTube Channel. If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below. On our website there is an embedded video above and an audio player at the bottom of the page THIS IS “NOT” FINE The first big move up for stock and bond markets came two weeks ago after The Fed kept their benchmark rate unchanged for the 2nd consecutive month. They rallied again after the NFP employment report missed expectations. Investors, feeling like they have the hot hand, doubled-down this week after CPI inflation data also missed expectations, but ever-so-slightly. The trend is your friend until it is not, and when sentiment gets this extreme it’s a good idea to be cautious, otherwise you might get burned. It’s also a good idea, no matter what is going on around you, to stick to a framework. In this full-length episode Brent Johnson and Jon Kutsmeda extinguish misconceptions about the Dollar Milkshake Theory and discuss how the framework helps Brent make money even when he is wrong. They also offer a warning to investors who are staying late at the party. Nothing lasts forever, not even November rain. This and more on the latest Milkshakes Markets Madness Show. https://youtu.be/bKGFcPULnpk ————————————– FULL-LENGTH EPISODE 54 (November 19, 2023) ————————————– The full-length episode is a weekend release that dives deeper into the biggest themes from the prior week. Expect longer discussions and video playback times of over 30 minutes. *** More information about Milkshakes, Markets, Madness, and the hosts, can be found after the chapter timestamps below. *** ———————- THIS IS “NOT” FINE Season 01, Episode 86 ———————- 00:00 – “Dictator” intro 00:07 – How to navigate our channel 00:38 – Hot start, no follow through Rate Cut Ramp Up: https://youtu.be/QlJjJsAawa0 03:02 – Dollar doom loop 06:13 – Up and to the right 09:46 – Always be prepared Dollar Milkshake Theory: https://youtu.be/da6hMy5sp1M 17:31 – Everything is (not) fine 20:26 – Most important variable Start Here Playlist: https://www.youtube.com/playlist?list=PL50tTdQmc6C5lwtgVOGVVeLoPaX6GBmDm 24:12 – Dollar deep dive “seminar” 27:08 – Put-call ratio 29:03 – Other sector thoughts … Oil 34:15 – Bitcoin short trade 36:31 – Bonds and banks teaser 37:35 – The “Dictator” 43:36 – Wrap-up / Monday Peek