Oil Feels Like a Short-Term Top, KKM's Deming Says

Dan Deming from KKM Financial discusses the current state of the market, noting a potential short-term top as equity markets show signs of moderation. The conversation shifts to the Federal Reserve's influence, with expectations of a softer tone and data dependency. Market sentiment is explored, highlighting recent volatility and the impact of US-China negotiations on trading behavior.

What does Dan Deming suggest about the current market state?

• There is a potential short-term top.

• There is no significant change in the market.

• The market is at a long-term high.

• The market is in a continuous decline.

What is the expected tone of the Federal Reserve according to Dan Deming?

• Softer with limited rate hikes.

• Unpredictable with frequent changes.

• Neutral with no changes.

• Aggressive with multiple rate hikes.

What does the CME Fed Watch Tool indicate for December 2019?

• A chance for a rate cut.

• A high chance of a rate hike.

• No change in rates.

• An increase in inflation.

How does Dan describe the market sentiment following tax selling?

• A continuation of selling pressure.

• A shift to new money inflows.

• A complete market crash.

• A stagnant market with no activity.

What external factor is affecting market stability according to Dan?

• US-China negotiations.

• European economic policies.

• Middle East tensions.

• Global warming concerns.