https://www.newsweek.com/china-moves-away-us-dollar-hit-new-milestone-1901901 Craig Shapiro, a macro adviser to LaDuc Trading, identified three primary reasons for this trend. “The handling of Russian reserves by the U.S. and other G7...

“I believe that banking institutions are more dangerous to our liberties than standing armies…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson...

As we have been discussing for a while now, foreign demand for USTs continues to structurally decline over time as a % of total holdings of USTs.  Whether it is because foreign owners need to sell their USTs to raise US$ in order to pay back their US$...

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,...

As we head into part 2 of the Treasury Quarterly Refunding Announcement tomorrow, I thought it may be interesting to look at the level of volatility that existed in the UST market heading into the event over the last 2 years.  Below is a table of what...

View the 1 images of this gallery on the original article Source: Bloomberg Trigger Warning: Chart of the Day: Citi Surprise Index vs SFR9 (proxy for federal funds rate 9 months forward) My hypothesis is that the US economy has begun to slow due to the...

All these kids on college campuses now engaging in pro Palestinian sit-ins. Exercising their first amendment rights. You know where they will be this summer, right? When there is no school in session. That’s right, the Republican convention in...

Jason Burack of Wall St for Main St interviewed first time guest, Macro Advisor at LaDuc Trading https://laductrading.com/author/craig…, Craig Shapiro. Follow Craig on Twitter/X here: / ces921  Craig’s newsletter is available...

As foreign demand for Treasuries continues to dry up, primary dealers are forced to take down more of the auctions. This gets done at higher and higher yields, increasing borrowing costs for the government.  Source: Bloomberg

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....