Gold’s pullback last week ripped a gash in the ship’s hull as it sailed the icy waters of the North Atlantic. Subscribers, click here to…
Once unmoored, inflation tends toward a cycle of unpredictability and destabilizing volatility that can extend for years and even decades
I started this update before the jobs report, was interrupted, and came back to this Yooge upside surprise. I apologize for this reading being disjointed.…
Thanks to owners with deep pockets and ever-growing broadcasting revenues, the Premier League set yet another transfer spending record this winter. At a time when most non-English clubs were forced to take a more frugal approach in the wake of the Covi…
The market faces a real test this morning as negative earnings surprises hammered prices overnight.
Will the losses stick, or is it just another buy the dip?
At 3:30 AM New York time, the pullback has hit a trend sport convergence at 4142….
I see no sign of anything more than that on the intraday chart yet. Here it is, the 24 hour ES, S&P futures hourly chart.
I’ll be back.
or moron the markets, see:
Swing Trade Screen Picks – Bulls Win This Week January 30, …
Governor Waller suggests two significant changes to the Fed’s QT framework that effectively removes all obstacles to an extended QT. First, Waller suggests that the $2t in RRP balances should be consolidated with bank reserves when thinking of bank liquidity levels. This indicates that the Fed would be comfortable with bank reserve levels dropping below […]
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Yes, today is the day the Fed catches up with the money markets. Since the last Fed increase in the Fake Funds rate, which is used by absolutely no one except a few banks doing fake trades, the 13 week T-bill has risen by approximately 40 bp. The 4 wee…
Receiving a Michelin star is still the highest honor for a restaurant and more than 200 in the United States currently hold the distinction. Michelin-star restaurants cluster around the country’s biggest cities and most can be found in New York City. D…
The meteoric rise of ChatGPT has been a watershed moment for artificial intelligence as it enabled millions of users, regular people, to experiment with AI and witness its astonishing capabilities first-hand. While there are still limitations, ChatGPT …
