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Another remarkable quarter. Financial conditions loosened further, building on the Fed’s Q4 dovish pivot. The spectacular risk asset melt-up was ongoing. From October 26th lows to March highs, the Semiconductors rallied 65%, the KBW Bank Index 47%, the NYSE Arca Computer Technology Index 39%, the small cap Russell 2000 31%, the Nasdaq100 30%, and the […]
[Reuters] Morning Bid: Yen wary of holiday calm as Q1 curtain falls [Yahoo/Bloomberg] Japan FX Chief Calls Yen’s Slump Unusual, Vows to Act if Needed [CNBC] Key Fed inflation gauge rose 2.8% annually in February, as expected [Reuters] Fed’s balancing act could see June rate cut in play even with sticky inflation [Yahoo Finance] Homebuyers […]
This week we look at the price of gold, near all time highs currently. We will also look at the price of silver along with the price of platinum and palladium. Thank you for watching!
[Yahoo/Bloomberg] Bonds Fall and Stocks Waver on Rate-Cut Pushback: Markets Wrap [Reuters] Yen on intervention watch; Asia shares subdued [Yahoo/Bloomberg] Hedge Fund Bets Cement 152 as Level to Watch for Dollar-Yen [AP] US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate [Dow Jones] Jobless claims fall slightly to […]
[Yahoo/Bloomberg] S&P 500 Gains as Traders Watch Yen Levels: Markets Wrap [Yahoo/Bloomberg] Yen Drops to Lowest Since 1990 [Yahoo/Bloomberg] China Confuses Yuan Traders With Surprise Changes to Fixing [Yahoo/Bloomberg] Oil Declines as Industry Report Shows Bumper US Stockpile Build [Reuters] Japan finance minister issues his strongest warning to date on yen weakness [Yahoo/Bloomberg] Japan Steps […]
Gold Soars In Yen, Euro, Swiss Franc, You Name It Turkey: Inflation 67%… Raises Interest Rates To 50% How “Celebrity Endorsed” Gold Companies Are Paying For The Endorsement “Gold is breaking out in every currency. Currencies are breaking down. The rough translation as the world’s central banks deal with unmanageable debt and deficits: gold is […]
[Yahoo/Bloomberg] Stocks Edge Higher as US Data Keeps Mood Cautious: Markets Wrap [Reuters] Stocks hemmed in by rate risks; yuan wobbles [Yahoo/Bloomberg] Gold Climbs Toward Record Ahead of US Inflation Data Release [Yahoo/Bloomberg] Oil Holds Advance With OPEC+ Cutbacks and Geopolitics in Focus [CNBC] Cocoa prices hit $10,000 per metric ton for the first time […]
The issue of centralization vs. decentralization has probably dominated the history of the United States more than that of any other country. It’s not a new issue, nor is it peculiar to the US, but it has certainly loomed large here. Philip and Alexander made a hegemon of the Greek city-states; Caesar Augustus did the […]
