Marc Chandler – 3 Key Market Themes; Jobs Data and Fed Policy, Rising European Rates, and Rising Oil Prices

February 4, 2022

Marc Chandler, Managing Partner at Bannockburn Global ForEx joins us to recap the key market news this week which ties into the three themes Marc thinks are key for investors to understand. These themes are; 1) Fed policy expectation tied in with today’s jobs data, 2) Rising rates in Europe, and 3) the oil price continues to breakout. 


We address all three of these trends and related market and economic expectations. 




Click here to visit Marc’s blog – Marc to Market.

    Feb 04, 2022 04:27 PM

    Even if oil is going to breakout soon, it seems it will probably need to pull back first.

      Feb 04, 2022 04:13 PM

      The low volume on the ker only means Matthew and Jerry and ex, that bears as well as bulls are at a crossroads path and more so that uncertainty and extreme bearishness is what needs only for the miners to go higher.

      I don’t have a problem waiting another week or month or two but the worth imo will out perform all this nonsense.

      Matthew posted this

      The Dow has been stuck underneath rising Fibonacci fan resistance since last April.

      That is one incredible chart now can it go up one more time to tag that red line possibly but we are at an inflection point and I foresee Dow going higher for mid term election later into the year November/December but I also see the US dollar tanking and miners exploding into that timeline.

      Norrareal, I vastly disagree with your opinion that technical charts are useless. Go back and look at every chart and you can see and smell the pessimism embarrass Ness were the laws were and the bullishness were the tops were the charts tell you exactly what’s happening. We are forming a W formation and a bottoming process in the monthly at any point it can be completed in fact I think there’s a very probable good opportunity for a significant low come next Friday and then a possible explosive move higher. Have they altered the charts yes they have but they’re running out of time and they know it. Patient’s test the fortitude of every investor it also test humanities every day livelihood if you can’t deal with it he will be Rund over those who succumb to it only have negative things to say and those who can oversee it are the very few quand up having prosperity.

        Feb 04, 2022 04:54 PM

        Agreed Glenfidish – If we have to wait a little longer for a month or two to see things get moving, that really isn’t that long. Still some like Jordan and Doc are still calling for a final wash out period, so there may still be a bit more pain before the gains. Regardless, I’ll be looking to deploy my remaining small amount of dry powder into any weakness we see over the next 2 months, and then ride out the remaining volatility until things pick back up in the PM sector. Ever Upward!

        Feb 05, 2022 05:06 AM

        Glen, Norrareal and most people will never change their negative and otherwise misguided views on technical analysis because they don’t understand it and aren’t wired for it. Luckily, that’s a good thing. No doubt about it.

    Feb 04, 2022 04:50 PM

    ‘Crazy Mess’ of Jobs Data Has Economists Getting It Wrong Again
    Bloomberg – Feb 04, 2022
    “The economists got it wrong. Again.”

    “After some estimates called for U.S. payrolls to decline by as much as 400,000, the labor market shockingly added that many jobs in January — and then some. It’s not just last month: the median estimate has missed by an average of about 95,000 in the past year before revisions, versus less than 20,000 in the six months through March 2020.”

    Feb 04, 2022 04:49 PM

    Upward January revision for seasonal adjustment of 2.3 million jobs scares the Beazulbub out of me! Reality is in a tornado in Kansas!