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Treasury To Borrow $776 Billion In The Fourth Quarter

Treasury To Borrow $776 Billion In The Fourth Quarter

Image Source: Unsplash CNBC’s Steve Liesman and Mike Santoli join ‘Closing Bell’ to report on the U.S. government’s borrowing needs in the last quarter.Video Length: 00:04:53More By This Author:American Airlines Posts Third-Quarter Loss And Trims 2023 Profit Forecast Morgan Stanley Tops Profit Estimates On Better-Than-Expected Trading Results Cathie Wood On “Spot Bitcoin” Approval
Why Funds Are Buying Gold & Selling Silver

Why Funds Are Buying Gold & Selling Silver

  ↵Image Source: Unsplash Gold once again crossed the $2,000 per ounce mark on Friday (and has remained over that level this morning), and in today’s show, Vince Lanci talks about why the funds have been buying gold and selling silver.During times of war the funds often buy gold due to the geopolitical risk, and look to […]
Bitcoin ETFs And The Path To Mainstream Adoption

Bitcoin ETFs And The Path To Mainstream Adoption

Image Source: Pixabay It’s not a matter of if, but when.I’m talking, of course, about the long-awaited approval of a U.S.-based spot Bitcoin exchange-traded fund (ETF). Analysts at Bloomberg Intelligence now estimate there’s a 90% chance that the Securities and Exchange Commission (SEC) will give the go-ahead to such an investment product by January 10, 2024.Many presenters at […]
Wall Street Scores Big Rally To Start Week

Wall Street Scores Big Rally To Start Week

Wall Street staged an impressive comeback to start the week, with outsized gains for all three major indices. The S&P 500 gained some separation from correction territory to clock its best single-day percentage jump since Aug. 29. The Nasdaq, looking to exit correction territory as well, jumped triple digits on the back of an outperforming communications sector.Elsewhere, the […]
These Three Blue-Chip Stocks Are Trading At A Steep Discount

These Three Blue-Chip Stocks Are Trading At A Steep Discount

Image Source: Pexels In the last three months, the S&P 500 (SPX) went down 9.63% as the benchmark of the stock market. This is unsurprising, as the Dollar Strength Index (DXY) went up 4.42% during the same period. Although not always, these indices tend to be inversely proportional. Concerns about the USG’s financial health have sent the […]
“Hearing A Lot More ‘I Cannot Afford This'” – Sinking Dallas Fed Survey Signals “The Economy Is Slowing”

“Hearing A Lot More ‘I Cannot Afford This'” – Sinking Dallas Fed Survey Signals “The Economy Is Slowing”

Perceptions of broader business conditions continued to worsen in October, according to The Dallas Fed Manufacturing Survey.The general business activity and company outlook indexes remained largely unchanged at -19.2 and -17.1, respectively. Source: Bloomberg This is the 18th straight month of negative readings for the headline sentiment signal.The outlook uncertainty index remained elevated but retreated from 27.0 to […]
Bank Stocks Testing Critically Important Price Support

Bank Stocks Testing Critically Important Price Support

Image Source: Pexels For the first time in his tenure as JPMorgan Chase president, Jamie Dimon sold some shares on Friday.Does he know something that we should know? Are bank stocks in trouble??Well, it’s time to look at the banks… above is a “weekly” chart of the Bank Index (BKX).As you can see, BKX is testing important […]
Fiat Demise

Fiat Demise

Image Source: Unsplash TRANSITION FROM DEBT DEFAULT AND DOLLAR DEMISE TO A DIGITAL BRIDGE CURRENCY RECOVERY  Over recent years much has been broadcasted, written, and u-tubed about an impending global fiat currency collapse resulting from excessive debt, likely central banking loss of control over monetary systems manifested by increasing volatility of interest rates, rise and expansion of […]
A Change In Market Regime For The S&P 500?

A Change In Market Regime For The S&P 500?

Image credit: Bing Image Creator. Prompt: “A colorful painting of a growling grizzly bear in the style of Kelsey Rowland”. The scary season for October 2023 is living up to its moniker for investors.The S&P 500 (Index: SPX) fell 2.5% during the trading week ending on Friday, 27 October 2023. The index closed the week at 4117.37.That puts […]
A Golden Bull…

A Golden Bull…

What matters, as I say, is the background, not the foreground because the foreground is where everyone is looking. What matters in financial markets -and in life? -is not what you see straight ahead but what you glimpse out of the corner of your eye. ~ John Percival “The Way of the Dollar” In this week’s Dirty Dozen […]