Sunday Mexico, Pemex, and the Destruction of Multiples

By Paul Sankey Published on May 25, 2025 at 12:52 PM

Happy Memorial Day weekend, We’ve talked about the vicious thugs that came back to the neighborhood. Hanging around in a sinister mob, scowling at observers, never look them in the eye, they are genuinely violent and dangerous. They are, the Bond Vigilantes. Funny thing is, I’m terrified of them too, but I look at long term interest rates and think “Rates are not THAT high”. Maybe that is what terrifies me. Below, yields since 1970. …

Sunday Pemex and Power Trade

By Paul Sankey Published on February 2, 2025 at 3:19 PM

Way hey, That was a week. Deepseek to Tariffs. And plenty of results. Here’s the S&P500 and Nasdaq year to date. Source: Bloomberg, Sankey Research Pinball. Tape bombs. Regarding the January Barometer, (January sets the direction for the market’s year) we closed January up 3.2% in the S&P500 and 1.9% on the NASDAQ even after a -1.5% drop in the latter this past week post-Deepseek. Harry Hindsight is the best trader in the market. Briefly …