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Financial Markets Report For Thursday, March 14

Financial Markets Report For Thursday, March 14

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, March 14.Video Length: 00:12:13More By This Author:Metals Report For Wednesday, March 13Financial Markets Report For Wednesday, March 13Metals Report For Tuesday, March 12
Bonds Behaving Beautifully

Bonds Behaving Beautifully

Image Source: PixabayThe title says it all: as a chartist, I must stand up and salute TLT, as it is behaving absolutely As God Intended ™.The ultra-short on bonds, shown below, is doing great. Simply stated, the notion that interest rates are going to do nothing but fall from here is utterly empty-headed, and foolish.More By This Author:Adidas […]
Russian Growth Slows

Russian Growth Slows

Image Source: PexelsFrom BOFIT today (translated by Google): GROWTH IN TOTAL PRODUCTION HAS DECLINED IN RECENT MONTHS According to the monthly estimate published by the Russian Ministry of Economy, the annual growth of Russia’s GDP has clearly slowed down in recent months. The indicator describing the development of the five main production sectors of the statistics agency Rosstat […]
The Decline Of Economics

The Decline Of Economics

Image source: PixabayIn recent years, I’ve been bemoaning a new “dark age of macroeconomics”. I know less about current trends in micro, and thus was interested in these comments by Steven Levitt (from an interview by Jon Hartley): Steve: “Yeah, yeah, sort of everywhere. Every macro department feels a lot like heavily influenced by Chicago. And I think […]
AUD/USD Price Analysis: Consolidation Is On The Horizon As Hourly Indicators Reach Oversold Conditions

AUD/USD Price Analysis: Consolidation Is On The Horizon As Hourly Indicators Reach Oversold Conditions

Image Source: Unsplash The daily RSI remains in positive territory but took a big hit. The hourly chart shows strong selling pressure with RSI sitting in oversold territory. The pair may consolidate in the short term. The AUD/USD pair is currently trading at 0.6583, suggesting a noticeable and strong downturn. Regardless of the immediate selling pressure, the broad […]
Rates Spark: ECB Officials More Vocal About Summer Cuts

Rates Spark: ECB Officials More Vocal About Summer Cuts

While ECB speakers cement their expectations of rate cuts and stress their independence, US data shows a more blurry picture. Post CPI and PPI pop, even if market rates find an excuse from Friday’s data for the US 10yr to remain below 4.3%, the pressure can build in subsequent weeks for another attack on the […]
Gold Weakens Following US PPI And Retail Sales, Rate Cut Hopes Fade

Gold Weakens Following US PPI And Retail Sales, Rate Cut Hopes Fade

Image Source: Pixabay Gold sees partial retreat reacting to unexpectedly high US producer inflation and strengthening US Dollar. US Treasury yields and Dollar Index rise, reflecting a market reassessment of Federal Reserve’s monetary policy. Retail Sales and Initial Jobless Claims data underscore US economic resilience, weighing on Gold’s intraday prices. Gold prices trimmed some of their […]
Adidas – First Loss Reported In Three Decades

Adidas – First Loss Reported In Three Decades

Image Source: UnsplashSince Ecco is the only brand I wear, plus I’ve never jogged a single mile in my life, I’m not that hip to what the cool brands are for shoes. It seems, however, that Adidas (ADDYY) has fallen out of favor. Back when I was a kid, it was a widely-stated “fact” that the […]
SP500 & Nasdaq 100 Insights: Optimize Trades With Elliott Wave Analysis

SP500 & Nasdaq 100 Insights: Optimize Trades With Elliott Wave Analysis

Image Source: Unsplash Stock Market Report S&P 500,  NASDAQ 100,  RUSSELL 2000,  DAX 40,  FTSE 100,  ASX 200. Elliott Wave Technical AnalysisUpdate on Elliott Wave Analysis: A favorable Core PPI bodes well for the USD, leading to higher yields, lower bonds, and a stronger dollar which impacts various stocks either positively or negatively. Despite this, indices […]
Dot Plot Vs. Market Expectations

Dot Plot Vs. Market Expectations

For Econ 442 “Macroeconomic Policy”. A question was raised today regarding whether one could distinguish between the market’s expectations and the Fed’s, regarding the path of Fed funds rates. The short answer is yes, under certain assumptions.One can take the median projection from the Summary of Economic Projections (SEP) as a proxy for the Fed’s […]