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We Are In A Soft Recession Right Now

We Are In A Soft Recession Right Now

Image Source: UnsplashThat is Stephen Moore, on June 27, 2022. He further notes: “Moore pointed to the GDP data on Monday, noting that the “first six months of the year have been negative for growth.” Here are the data around that time.Figure 1: Nonfarm Payroll employment incorporating preliminary benchmark (dark blue), civilian employment (orange), industrial production (red), personal […]
Yen & UST Yields Tumble After BoJ’s Mixed Messages, But…

Yen & UST Yields Tumble After BoJ’s Mixed Messages, But…

Image Source: UnsplashThe market was well prepared for action from the Bank of Japan (BoJ) tonight after Nikkei reported the central bank’s intent to consider another tweak to its yield curve control (YCC) policy.Having moved from 0.25% to 0.5%, then to 1%, the Nikkei report prompted speculation that the central bank would raise the limit again, rather than abandoning YCC […]
Elliott Wave Technical Analysis: BTCUSD – Tuesday, Oct. 31

Elliott Wave Technical Analysis: BTCUSD – Tuesday, Oct. 31

Elliott Wave Analysis TradingLounge Daily Chart, 31 October 23, Bitcoin/U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave((3)) Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: Impulse’s five-wave rise. Bitcoin/U.S. dollar(BTCUSD)Trading Strategy: The increase continues the Impulse pattern. We are now in wave […]
Asia Morning Bites For Tuesday, October 31

Asia Morning Bites For Tuesday, October 31

Image Source: UnsplashGlobal Macro and Markets Global markets: US stocks bounced off recent lows on Monday. Both the NASDAQ and S&P 500 gained more than a per cent ahead of this week’s expected no-change FOMC meeting. Equity futures suggest that today’s open may take back some of these gains. Chinese stocks also had a reasonable day. The […]
Economics For Everyone: 2023 Nobel Prize In Economics – Goldin’s Gender Gap

Economics For Everyone: 2023 Nobel Prize In Economics – Goldin’s Gender Gap

Claudia Goldin, a Harvard University professor, was awarded the Nobel Prize in economics this year for her pioneering research on women’s earnings and labour market participation through the centuries. Her work exposed the causes of deeply rooted wage and labour market inequality between men and women. Goldin’s 1990 book “Understanding the Gender Gap: An Economic […]
Financial Markets Report For Monday, October 30

Financial Markets Report For Monday, October 30

Image Source: UnsplashIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, October 30.Video Length: 00:12:20More By This Author:Metals Report For Monday, October 30 SPDR ETF Report For Friday, October 27Financial Markets Report For Friday, October 27
A Tenth Life?

A Tenth Life?

Caterpillar (CAT) reports on Tuesday morning. It certainly seems to have had the excess wrung out of it recently.We’ve caused a teeny-tiny bit of damage to the trendline above. If it break it tomorrow, that could open the door open to a much bigger fall to a more substantial trendline. I have NO position in this.  More […]
New Sarepta DMD Data Leads To Old Debates

New Sarepta DMD Data Leads To Old Debates

Image Source: UnsplashSarepta (SRPT) released the results from the phase III EMBARK trial of ELEVIDYS in DMD and the trial failed to show a statistically significant benefit in NSAA (the primary endpoint). Of course, it is never simple with Sarepta, and I want to hearken back to my previous analysis of the briefing documents. I noted “I […]
EMBARKNG On A New Label? New Sarepta DMD Data Leads To Old Debates

EMBARKNG On A New Label? New Sarepta DMD Data Leads To Old Debates

Image Source: UnsplashSarepta (SRPT) released the results from the phase III EMBARK trial of ELEVIDYS in DMD and the trial failed to show a statistically significant benefit in NSAA (the primary endpoint). Of course, it is never simple with Sarepta, and I want to harken back to my previous analysis of the briefing documents. I noted “I […]
Don’t Miss These Year-End Financial Moves To Make Right Now

Don’t Miss These Year-End Financial Moves To Make Right Now

Image Source: PexelsIt seems like we just rang in the new year and here we are almost at the end of 2023. My dad told me the older I got, the faster things would go, and he wasn’t wrong. So, with the time left before the end of the year, there are some financial matters you […]