Market Report 10/7/2024
MARKET REPORT (Unburdened by what has been) Weighing Gold Bullion at the Bank of England 1873 You were found in clear conditions. But you’re handsome in the Fog. Day in Review: Today: (Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA: – Kashkari said balance sheet shrinking has […]
Market in Review 7/1/2024
MARKET REPORT Day in Review: Today: – Marine Le Pen’s National Rally’s victory in the first round of France’s parliamentary election, as predicted – GE CPI report cooler than expected, EU harmonized also lower than exp – Yield on German 10-year Bunds rose to the 2.57% mark, its highest in over two weeks as political uncertainty […]
Market Report 4/1/2024
MARKET REPORT Review: – US Manufacturing PMI revised lower – US Construction Spending unexpectedly shrank Act -0.3% Exp +0.7% – US Factory Activity Expands Act 50.3 Exp 48.4 – Pound Hits 6-week low, Treasury yield 3 month high – Strong China PMI – Iran vows response to Israel strike on IRGC commander – Nippon Steel […]
Market in Review 12/18/2023
MARKET REPORT Review: – Oil prices surged intraday amid more headlines of attacks, and re-routings of tankers in the MidEast with WTI psuhing up near $75 before fading back – Daly notes rate cuts next year could be needed – Mester said markets are a bit ahead of the Fed on rate cuts – Goolsbee […]
