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 […]
The post Come Hell or High Water appeared first on Fed Guy.
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 …
This chart shows the increase in the national average price of a dozen Grade A eggs in the U.S. in 2022.