NFTRH; On Rates, Gold, Miners and Stocks

An email from a subscriber prompts this mini update here at T-minus 1 day to FOMC. In response to this morning's rate cut probabilities post Mark asked my thoughts about…

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Rate Cut Probabilities Have Dropped Significantly

While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…

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CME Group Rate Cut Probabilities

Da boyz on da CME is still cuttin' da rate... 93% say 1/4 point in September. That one seems - and is - rather obvious. October has 56% of the…

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Inflation Gauges

It's probably not a coincidence that this is doing this... While these are doing this... The above are all still trending down (i.e. technically, bouncing only) but if they continue…

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2 for the Bears

[edit] Thanks again Wordpress for the weird title saving glitch at the time of posting. It's starting to piss me off. I was invited to join an email group by…

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Why Again is Powell So Weak on the Funds Rate?

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…

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Yet Another Case for the Long Bond

In this post Steve Saville shows the long-term correlation between the 30yr bond and the Gold/Commodities ratio. Revisiting the Age-Old Relationship Between Interest Rates and Prices Almost as if Steve's ears…

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The Fed Has Not Overshot

Donald Trump throws tantrums over the Fed's persistent (and correct) course of tightening on the Fed Funds rate (FFR). But this chart states that the Fed is in no imminent…

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