July payrolls from BLS: +943k Click image, get report... The number is a little more than what the media says the markets expected, but all in all not a surprise.…
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 too hot, not too cold…
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 from the top down will…
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, materials, etc. During those times,…
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 from BLS. Here's the graphical…
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 on my left forearm: "Contrary-wise,…
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 both of them because while…
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 short of estimates Here's the…
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 pause in long-term Treasury yields…
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 my opinion at exactly the…
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 for everyone else Rebalancing in…
The data sets at Yardeni.com are fabulous. You should keep it on watch and rummage through when you have spare time if you want to nerd out. The current backdrop…
When I used to publish other peoples' stuff at biiwii.com one of my favorites was the Daily Shot Brief. So this post is just a reminder that The Daily Shot…
