10-year rates increased yesterday by roughly four bps to close at 4.23% following a stronger-than-expected JOLTS report. The report overlooked healthy, in my view, with the layoffs in October lower...
The manufacturing sector contracted for the 8th straight month, with the November number coming in at 48.4 (anything below 50 is contracting). This was actually above the street estimate of 47.7 and...
Strong US Macro Statistics Limit Gold's Gains Gold (XAU/USD) rose by 0.17% on Tuesday but failed to hold above the important $2,660 level. It appeared that XAU/USD was on course to break above an...
The top 10% are the dog sipping a drink as the cafe burns down, saying "this is fine." What's the one thing we need to fix or nothing else matters? There are plenty of potential candidates:...
The coming Trump presidency is likely to be exciting, but a lot is unknown. Investors need solid tactics to handle commodities, the stock market, bonds, crypto, and of course supreme money...
Based on early Black Friday sales estimates, sales were strong, but shoppers were much more inclined to take advantage of online sales than go to the malls and stores in person. Mastercard...
Dollar rebounds on more tariff threads and better US PMIs. Euro feels the heat of France’s budget turmoil. S&P 500 and Nasdaq climb to fresh record highs. Trump’s threats continue, US data...
As families gathered to celebrate Thanksgiving last week, there was a morsel of good news for consumers: the cost of the traditional feast fell for the second year in a row. A classic Turkey Day...
The matrix below highlights the year-to-date percentage performance of each constituent of the S&P 500. The size of the cells is proportional to the market capitalization of each stock. Source:...
Gold Moves Sideways Ahead of US Economic Reports Gold (XAU/USD) decreased by 0.45% on Monday as the US dollar (USD) climbed on rising expectations the Federal Reserve (Fed) may not lower interest...