Esther George could not have been much clearer. Inflation is too high and must come down. Financial conditions must tighten, and financial markets are a key monetary policy transmission mechanism. And the Fed today has little clarity on how far this tightening process will need to go.
FEEDWell, I saw this coming (you could see it from a million miles away), but it was too annoyingly strong for me to do anything about it. But Deere is getting blown to smithereens, in a series of harsh gaps lower. Here is a multi-decade chart You can …
Cathie Wood’s new price target on Tesla is $4,600. In other words, about $4,000 higher than now. She honestly said this. Seriously.
Time to ask a pertinent question at this stage of our macro journey: What if? No, not the ‘what if’ of the various worst case scenarios that are currently being propagated all […]
Despite the immense popularity of European soccer domestically and around the world, nowhere comes even close to the overall earning power of elite U.S. athletes. Although those at the absolute peak of the soccer pyramid – see Messi, Ronaldo and Neymar…
US tech giant Meta, formerly known as Facebook, took action on 21.7 million comments, videos, photos, and posts that were violent or incited violence in Q1 of 2022, according to their latest Community Standards Enforcement report. This figure is nearly…
The hourly ES 24 hour S&P fugutures chart made a picture perfect bottom over 5 days through yesterday, and then proceeded to rally, as we might expect. But the rally is punk. It’s stuck in the mud. It needs to clear 3950, or else consider it dead!
…
Gold mining companies produced over 3,500 tonnes of gold in 2021. Where in the world are the largest gold mines?
The right of free speech should not be confused with an obligation for privately owned enterprises to allow spamming and spoofing under the guise of free speech.
Trillions (literally) of dollars of value have been destroyed by the tiny increase in interest rates we’ve seen so far. Take a gander at these major funds and try to spot the trend. This is historic.