Market in Review 3/25/2024
MARKET REPORT Review: – Chi Fed Pres Goolsbee “3 rate cuts 2024 in line with my thinking” – June cut “On and Off table” – Fed Bostic only see’s one cut this Yr. – BTC back above 70k Handle, BTC & ETH +7% – Boeing CEO exits – FTX to sell majority stake in Anthropic […]
Market Report 2/27/2024
MARKET REPORT Review: – BTC up 4% – Soft Durable Goods led by Boeing – Consumer Confidence stalls – Richmond Fed improves – Hot Japanese CPI – Fed’s Bowman tows usual line – BoE’s Ramsden says MPC could unwind APF fully – AAPL cancels electric car effort – HES-CVX merger under threat – OPEC reportedly […]
Market Report 2/12/2024
MARKET REPORT Review: – Egypt threatening to void Israel peace agreement with the latter threatening to invade Rafah (likely a hollow threat as Egypt receives billions in US aid which would be jeopardized. Egypt fears a mass ‘Palestinian’ migrant crisis) – Indonesian, Finnish and South African Elections up for grabs – US stocks hit record […]
Market in Review 1/8/2024
MARKET REPORT Review: – NY FED SCE (DEC) one-year inflation expectation is at 3% (prev. 3.4% in Nov) which is the lowest since January 2021 – United Airlines (UAL) found loose bolts on plug doors during the 737 MAX 9 inspections and discrepant bolts and other parts on the Plug Doors have been found on […]
Market in Review 12/13/2023
MARKET REPORT Review: – Dollar smoked – The Summary of Economic Projections showed that the FOMC expects the Fed Funds rate to be 4.75% vs 5.25% previously projected – Dollar down vs EVERYTHING. AUD +1.65%, Euro -0.75%, Pound +0.4% (underperformer, hint, it’s a buy), Yen SMOKED -2.3%! (Yesterday you got long and were wrong. 140 […]
