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Tuesday, January 30, 2024

[Yahoo/Bloomberg] Stocks Muted Before Earnings Test for Wall Street: Markets Wrap [Yahoo/Bloomberg] Oil is Steady as Market Awaits US Reaction to Deadly Attack [Yahoo/Bloomberg] China’s 10-Year Yield Falls to Two-Decade Low on Rate Cut Hopes [Reuters] US vows ‘all necessary actions’ after drone strike, Qatar fears impact on Gaza hostage talks [Reuters] Fed in a […]

What You See Is Not Always What You Get

Have you ever bought a house that looked great and passed inspection with flying colors, only to find later that the builder cut every corner possible? What you had hoped would be a dream home and a lucrative investment turned out to be a money pit. Analogous things can happen with any kind of investment, […]

Monday, January 29, 2024

[Yahoo/Bloomberg] Stocks Make Cautious Start to an Event-Packed Week: Markets Wrap [Reuters] Gold gains on Middle East risks; Fed meeting in focus [Yahoo/Bloomberg] Oil Erases Gain as Traders Digest Latest Mideast Escalation [Yahoo/Bloomberg] Euro Falls, Bonds Gain as Traders Pin Hopes on Early ECB Cut [Yahoo/Bloomberg] Red Sea Shipping Crisis Sends Tremors Through Asia Fuel […]

Sunday, January 28, 2024

[Yahoo/Bloomberg] Houthi Hit on Russian Fuel Has Oil Traders Recalculating Risks [AP] Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy [Yahoo/Bloomberg] Fed Rate Decision Could Be the Prelude to a March Cut [Yahoo/Bloomberg] Fed’s Inflation Battle Hinges on Convincing Americans Price Hikes Are Done […]

Economic Boom Time in the Go-Go 2020s – January 26, 2024

Economic Boom Time in the Go-Go 2020s This week, Q4 U.S. GDP was reported at what the financial media touted as a “booming” 3.3%. The headline result was below Q3’s 4.9% blowout rate, but was still extremely strong, and miles above the 2% consensus estimates of economists. So, with inflation measures to date having fallen […]

Saturday, January 27, 2024

[AP] Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike [Reuters] Trafigura assesses Red Sea risks after tanker attacked by Houthis [Reuters] Wall St Week Ahead Fed, earnings and economic data to test US stocks near record highs [Reuters] US to announce billions in subsidies for advanced […]

January 26, 2024: On Fire

Could the backdrop going into next Wednesday’s Powell press conference be any more intriguing? The economy has gained a head of steam since the FOMC’s December 13th meeting. Additional stronger-than-expected data this week. Q4 GDP was reported at 3.3%, down from Q3’s blistering 4.9%, but significantly above the 2.0% consensus estimate. At 50.3 (estimate 47.6), […]

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