HUD Secretary Fudge must either withdraw this proposal immediately or continue with a rule that destroys much of the government market
His energy bearishness was correct. And, thus: Probably going to bounce, but the entry point for new shorts is crystal clear.
We’ve been following the story of the US Treasury paying down outstanding T-bills since late February. $680 billion of paydowns led to a big turnaround…
It’s getting awfully, awfully close. Although some lesser coins have already taken the hint.
With the Tokyo Olympics just four days away, now would normally be the time for anticipation to build, for the Olympic spark to spread from the host country all over the world and for athletes to wrap up years of preparation. This year, with COVID-19 s…
It actually makes all the sense in the world. A week ago, when the ES was at the most absurdly, laughably overpriced point in human history, even ZeroHedge was posting statements from the vermin at Goldman Sachs
I often refer to rangebound markets as meat grinders for swing trading purposes. The more tightly rangebound they become, the more false signals are generated, and the more whipsaws there are. This market certainly qualifies. Last week’s list got ground to a pulp. All 6 picks had minor losses. Two got stopped out, and one will be dropped as of today’s open.
Because he’s a knockoff.
Meanwhile, it’s the middle of the night in New Jerk, Asia is in later afternoon trading, and Your Rope has yet to open. As usual, Asia has copied the US market and continued the selloff. They’ve almost reached an appa…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Is there anyone left out there who doesn’t know the rate of economic growth is slowing? The 10 year Treasury yield has fallen 45 basis points since peaking in mid-March. 10 year TIPS yields have fallen by the same amount and now reside below -1% again. Copper prices peaked a little later (early May), fell […]