Goldilocks backdrop persists We expected a summer cool down in the inflation trades. We expected that to be reflected in a temporary Goldilocks environment (not
Tag: Economy
NFTRH 663, Out Now
NFTRH 663 is loaded with valuable information for this very moment in time because we are at a macro decision point and only work done
Gold’s inflation utility
Gold is okay, but not yet unique There are times when gold is an okay inflation hedge, while under-performing the likes of industrial metals, oil/energy,
May Payrolls, the Good Ship Lollipop & USD
USD drops as a tepid May Payrolls report eases inflation fears further May payrolls expanded, but not as much as anticipated. Click graphic, get report
Inflation Cools (for now), Stag Awaits
To maintain the inflation, a cooling of inflation was needed That is one of those Alice in Wonderland-like statements, like the one I’ve got tattooed
Semi Chip Making Capacity Initiative
Calls for funding US chip production The market will show me to be wrong if the likes of AMAT and LRCX break down. I hold
Jobs +266K, Yields Pull Back
All in the service to playing a game of ‘Hide the [inflationary] Cheese’… April’s expected hiring boom goes bust as nonfarm payroll gain falls well
An Inflationary Slingshot
Cost-push inflation could break out (and a note on gold) Before beginning the post a little context is in order. We (NFTRH) anticipated the current
Asia Rising, US the Land of the Setting Sun?
US now finds itself on outside of two massive Asia-Pacific blocs From Nikkei Asia: Five RCEP takeaways: Asia cements grip as free trade torchbearer In
It’s Not Just the U.S. Pulling Back From the Global Economy
China’s Politburo is not sitting idly by while Trump pushes them around. From the Nikkei Asian Review… Why China’s ‘dual circulation’ plan is bad news
Surprise!
In Friday’s post about the Stock/Economy Pumper-in-Chief we also noted regarding economic ‘experts’ AKA economists: Of course the ‘experts’ were wrong. They are usually wrong.
Not Only Was He Tweet-Pumping the Stock Market the Other Day…
…but today he’s vigorously pumping the Jobs number. His Twitter is littered with the stuff. What a spam artist. Of course the ‘experts’ were wrong.