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Stocks And Precious Metals Charts – Their Dream, Our Nightmare

Stocks And Precious Metals Charts – Their Dream, Our Nightmare

Image Source: UnsplashExceptionalism in any guise, whether it be for a race of people, a religion, an organization, or a nation, often turns toxic, and is the catalyst for aggressive war, ethnic cleansing, and mass murder. The Non-Farm Payrolls report came in fairly hot this morning, but after some wild swings the Street decided that they could […]
Why The Fed Sends Mixed Messages On Rate Cuts

Why The Fed Sends Mixed Messages On Rate Cuts

The Fed’s Federal Open Market Committee released the minutes to its December meeting yesterday, and the minutes further strengthen the view held by many Wall Street investors and observers that the Fed plans to implement rate cuts by the middle of 2024. Specifically, the most recent Fed survey of market participants “suggested that the first reduction in […]
Six Measures Of NFP Employment

Six Measures Of NFP Employment

Image Source: PexelsNFP growth beats Bloomberg consensus by 46K (private NFP by 36K). Looking at several measures of NFP (total, private) suggests continued growth.Figure 1: Private nonfarm payroll employment from CES (blue, left scale), from ADP (tan, left scale), total nonfarm payroll employment from CES (bold black, right scale), NFP adjusted for preliminary benchmark by author (red, […]
Central Banks Continued To Gobble Up Gold In November

Central Banks Continued To Gobble Up Gold In November

Image Source: Pixabay Central banks globally continued to gobble up gold in November, adding another net 44 tons to their reserves, according to the most recent data compiled by the World Gold Council.Turkey was the biggest gold buyer in November, increasing its reserves by 25 tons as it continued to unwind the big sales it made […]
Key Watchpoints For U.S. Q4 Earnings Season

Key Watchpoints For U.S. Q4 Earnings Season

• Assessing U.S. recession risks for 2024• What to pay attention to during U.S. earnings season.• What does the latest economic data suggest about growth in China?Video Length: 00:07:24More By This Author:Capital Gain Distributions: Still Not Your Friend. But Now, Interest Is Frenemy Too Is A U.S. Recession Still Possible In 2024? 2024 Global Market […]
Macro: ISM Services

Macro: ISM Services

Image Source: Pexels The index is down from 52.7% in November to 50.6% in December. While current activity registered a jump to 56.6% from 55.1%, the composite is being held down by employment, inventories, trade and new orders. Employment — 50.7 in Nov to 43.3 in Dec, down 7.4% Inventories — 55.4 in Nov to 49.6 […]
European Golden Cross

European Golden Cross

Like their peers in the US, European stocks enjoyed quite a rally over the last two months of the year. In early December the STOXX 600 broke out above the resistance of the summer highs, and while momentum has slowed in the last couple of weeks, earlier this week the index experienced a golden cross […]
These 3 Companies Have A Monopoly On Custom Designed AI Chips

These 3 Companies Have A Monopoly On Custom Designed AI Chips

Photo by Mohamed Nohassi on Unsplash What Is Electronic Design Automation (EDA) Software? Chips contained thousands of transistors in the 1970s but they contain more than a hundred billion today so it’s impossible to create these designs manually like it was done back then. That’s where electronic design automation (EDA) software comes in – a category of tools […]
Government + Social Assistance Accounted For Nearly 60% Of All Jobs In 2023

Government + Social Assistance Accounted For Nearly 60% Of All Jobs In 2023

Jobs data from the BLS, chart by MishWelfare State Surge 2022 vs. 2023 Government: 5.74% 2022 vs 24.92% 2023 Social Assistance: 16.31% 2022 vs 34.11% 2023 Government + Social Assistance: 22.04% in 2022 vs 59.02% in 2023 Government employment and Social Assistance at the state level is surging. Much of it can be attributed to the […]
U.S. Fall Corn Demand Is Up, But 2023’s Hefty Crop Jumps Stocks

U.S. Fall Corn Demand Is Up, But 2023’s Hefty Crop Jumps Stocks

Image Source: Unsplash Market Analysis This year’s larger US corn crop & lower cash prices has boosted both the US & overseas demand during the 1st quarter of this crop year. However, 2023’s expanded US plantings and a 10.6% larger corn output substantially increased the available US feedgrain supplies for the coming year. The world’s coarse […]