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An audience question during the annual meeting of the Foreign Bankers’ Association of Amsterdam, May 14, 2024: “Do you entertain the possibility that returning to the 2% target will not be possible with the current level of the Fed funds rate?” Chair Powell: “I do think it’s really a question of keeping the policy rate […]
[Yahoo/Bloomberg] Stocks Churn as Traders Waver on US Rates Outlook: Markets Wrap [Yahoo/Bloomberg] Oil Set to Eke Out Weekly Gain as Supply and Inflation Set Tone [Yahoo/Bloomberg] Hot Commodity Silver Sets Pace as Demand and Deficit Drive Rally [Yahoo/Bloomberg] Rice Rallies Toward 15-Year High as Weather Again Batters Crops [Reuters] Hedge funds play a weak […]
Here’s our weekly recap of the precious metals markets for May 15. As of this recording, here is where precious metals stand: The price of gold is $2,388, up $80 or 3.5% from our recording last week. The price of silver is $29.70, up 8.6% or $2.35 from last week’s recording. The price of platinum […]
[Yahoo/Bloomberg] Stocks Hold Gains With Jobs, Fed Speakers in Focus: Markets Wrap [Yahoo/Bloomberg] Oil Dips in Range With US Inflation and Inventories in Focus [Yahoo/Bloomberg] Copper Short Squeeze in New York Is Rocking Metals Markets [Reuters] China property shares jump on report of government plans to buy unsold homes [Reuters] Investors reach for riskier assets […]
[Yahoo/Bloomberg] Stocks Gain After US Data: Markets Wrap [Yahoo/Bloomberg] Oil Trades in Narrow Range as IEA Trims 2024 Growth Forecast [Reuters] Fighting intensifies between Israel and Hamas-led militants in north and south Gaza [CNBC] Consumer prices rose 0.3% in April, less than expectations [Yahoo Finance] Retail sales flat in April, falling short of Wall Street’s […]
Inflation IS The Policy Of The Fed Government Uses Inflation To Pay Down Its Debt You Are Buying The Government’s Debt Every Day “Does the stock market being near all-time highs, does the crypto market cap—if you’re counting it in aggregate—in excess of $2.3 trillion, does that indicate tight financial conditions? “No. Contrary to those […]
[Yahoo/Bloomberg] Stocks, Dollar Wait on US Data for Fresh Impetus: Markets Wrap [Yahoo/Bloomberg] Japanese Bond Yields Climb to Decade Highs on BOJ Policy Bets [Yahoo/Bloomberg] Oil Holds Steady as Traders Digest OPEC Report, Await US Data [Yahoo/Bloomberg] GameStop Shares Extend Meme Rally as Retail Traders Pile In [Reuters] Israeli tanks push into Gaza’s Rafah, as […]
What can people do when they work together? Quite a lot, it would seem. Anyone who has worked on an effective team has likely been amazed at both the dynamics and the results. They are equal parts gratifying and awe-inspiring. The whole is so much greater than the sum of its parts that, quite simply, […]
