The U.S. Bureau of Economic Analysis released its third and final estimate of second-quarter GDP on Thursday, confirming that the U.S. economy contracted for the second consecutive quarter amid an environment awash in global crises and uncertainties. R…
After prime minister Truss and chancellor Kwarteng’s disastrous mini-budget announcement last Friday, followed by intervention from the Bank of England and a rebuke from the IMF, days of radio silence from the Conservative leader were broken with a str…
Gold rebounded after hitting trend support. There’s regularly been an 8 week cycle pattern over the past year, and this fits that bill. The 13…
Honestly, I try not to think about the Fed’s motivations, or what they might do. Or why the Primary Dealers do what they do.
I think about what they do do. …
The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 47.8 percent of global household wealth is in the hands of just 1.2 percent of the world’s population. Those 62.5 million individuals control a s…
Fed policy reversal is another thing altogether.
Rules Number One and Two are immutable and eternal.
Don’t Fight the Fed.
The trend is your friend.
Here’s the ES, S&P 24 hour fugutures as of 9:50 AM in Paris and Frankfart, 8…
It’s not like I just made this chart. We knew what was coming.
That’s the TLT the 20 year Treasury bond ETF, a proxy for the bond market.
I first posted this chart about a year ago methinks, but the fact is that I have been stridently…
FEEDAs I prepare to call it a night (and I’ve been deliberately avoiding looking at any futures quotes since today’s regular close), I’ll just say this: the crypto market is TEETERING right on the precipice, and it wants to fall. I ca…
Can you imagine being trapped on a desert island with these two? Goodness.
As of the week ended Monday, September 26 closing prices, there was only 1 chart with second or third buy signals over the past two…