Market in Review 8/21/2024
MARKET REPORT (Unburdened by what has been) Beurs Van Berlage Day in Review: Today: (Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA: – Payrolls revised down 800,000 jobs! – Net monthly payrolls now AVG 130k vs HEADLINE 230k! – “the preliminary estimate of the benchmark revision indicates […]
Market in Review 5/15/2024
MARKET REPORT Review: – Gold, Equities, Treasuries, Crypto, Crude UP. Dollar down. – US Super-Core CPI hotter than expected (but headline and core CPI in-line/small miss) – US Retail sales softer than expected – US Homebuilder sentiment slumped – US Empire Fed Manufacturing disappoints Fedspeak: – Mester echoes Powell (pre-data) – Schmid is prepared to […]
