Live shot below of investors searching for the level of the Fed & Treasury “put” strike prices to save them from a risk asset price correction. View the 1 images of this gallery on the original article Investors, aka petulant children,...
Trigger Warning Hypothesis – Biden was waiting for his son’s conviction before stepping out of the Presidential race. Now that the conviction has come, he will pardon his son, tell America that he has chosen family over country like any...
Kashkari speaks today and he is out with an essay giving some of his thoughts. I think the summary is that he (and the Fed) really don’t understand why the economy remains this resilient despite what they view as an aggressive tightening of...
The Fed’s Beige Book just came out and the summary statement was “economic activity continued to expand” for the period of April 8th to May 20th. Compare that to summary line from the November 29th, 2023 release which covered the period...
View the 1 images of this gallery on the original article Source: Bloomberg Chart of the Day – Grams of Gold in 1 barrel of Oil. We have now pushed lower through the 1g of gold for 1bbl of oil level, which is pretty rare by historical standards....
*YELLEN: CONCERNED ABOUT ‘WHERE WE’RE GOING’ WITH US DEFICIT *YELLEN: US NEEDS ‘SIGNIFICANT STEPS’ TO REDUCE BUDGET DEFICIT Ya think Janet? Cmon. Enough with the gaslighting. pic.twitter.com/tFt0G1KSpO — Craig Shapiro...
Earlier in the week, I was again interviewed by The Bitcoin Layer podcast to discuss the US Treasury debt market and what it means for the global monetary system, gold, and bitcoin. I also explain what to look for during next week’s FOMC meeting...
As everyone is I am sure well aware by now, Treasury is going to give its Quarterly Refunding Announcements this week which will go through the total amount of borrowings the Treasury will do for the 2Q and 3Q, the expected level of quarter ending cash in...