3 Hrs, 20 Min. & 0 Seconds… Tension so Thick You Can Cut it w/ a Knife
The suspense builds as Jerome Powell presides over a panel of foremost economic geniuses, people who know much more than you or I about how to relieve or increase pressure…
The suspense builds as Jerome Powell presides over a panel of foremost economic geniuses, people who know much more than you or I about how to relieve or increase pressure…
Just another reminder that as the media swing back and forth on the rate discussion the CME boyz are 100% on a cut for next week with 18% still betting…
From da boyz who'z doin' da pridictin' at da CME Group... Say the Fed Futures traders, July is 100% going to see a cut and 25% see .5%. Cough cough,…
Both compliments of MarketWatch, this morning's Debt Zombies article I highlighted was something that I thought highly of, obviously. The writer is no b/s and clear. The "debt Zombies" theme…
Isn't that how it goes? A society (or in this case several developed societies now competing in the currency war) collectively spends more than it has saved and individually its…
We noted yesterday that it is Fed Hype Week. A couple tough days for the market and the headlines are reinforcing the negativity. A single (and positive) payrolls report has…
A couple tough days for the market and the headlines are reinforcing the negativity. A single (and positive) payrolls report has instigated some market noise with the theme being a…
Last time I looked at the CME futures traders' projections for the July FOMC, there was no (zero, none, zilch) chance for a rate hold with the only question being…
[edit] Here's the chief's live press conference. In other words... If market signals do not turn around rapidly we'll be cutting the funds rate in July under cover of vacation…
Anything is possible, but it is not probable that the Fed is going to serve up a rate cut this week with the president's harangues and all that media hype…
The countdown to the Fed's "decision" on interest rates is on. With great interest man and machine wait for the Fed to tell us what the wise guys at CME…
While the 30-5 year yield curve does this, implying some inflationary issues... The more commonly watched 10-2 year does this, implying ongoing Goldilocks... While the nominal 2 year yield does…
Where once we dubbed him "Jerome 'Dead Eye' Powell" we now, well... you know. I gave some crap to the Twitter rabble rousers who fever pitched the bearish mobs about…
Here's why. Much as I combated tooth and nail the BOND BEAR MARKET!!! b/s that got everyone off sides (risk 'off' bonds were contrarian bullish amid the hype) into the…