Photo by Fabian Blank on Unsplash The monthly money supply numbers are out. I have bad news and good news.The bad news is that the contraction in the money supply appears to be over. That’s not bad news per se (see below), but it’s bad in that the anti-inflationary work that was happening is coming to an end before it’s […]

Image Source: Pixabay What is Nvidia (NVDA)? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other products. It originally specialized in making products for the video game industry, that assisted in 3D rendering. If you were a committed gamer, you probably owned their products. If you weren’t, you might not have […]

The Canadian Dollar (CAD) is broadly softer on Wednesday, paring back recent gains and falling back against most of its major currency peers as one of the worst-performing currencies for the mid-week market session. Canadian Retail Sales flubbed forecasts, declining in February and kicking the legs out from beneath the CAD. Canada is absent from the economic calendar for […]

Image Source: Pixabay BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. JUST IN: BRICS exploring the creation of a crypto stablecoin for international trade settlements. pic.twitter.com/3RzV7G2BEM — BRICS News (@BRICSinfo) April 23, 2024 BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, […]

Let‘s jump right into the stock market commentary, first from this European morning and 10 min after the opening bell, together with the reason for late and brief analysis today (everything fine and resolved, just two more visits ahead later this and then next month). More By This Author:That Oversold BounceHow About This Bounce?Failing Bounces