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Proposal To Move Bank Regulation Goalposts Signals Underlying Problems In Financial System 
                    
What Is the SLR and Why Do They Want to Change It?
What Would a Change to the SLR Mean in Practice?
Trouble in the Banking System?

Proposal To Move Bank Regulation Goalposts Signals Underlying Problems In Financial System What Is the SLR and Why Do They Want to Change It? What Would a Change to the SLR Mean in Practice? Trouble in the Banking System?

By Mike Maharrey, Money Metals Exchange If a formula spits out a number you don’t like, just change the formula so you get a better number!That’s exactly what the Bureau of Labor Statistics did to the Consumer Price Index formula in the 1990s. Because the CPI kept indicating price inflation was too high, the BLS tweaked […]
Are You Ready For The Second Wave Of Inflation?

Are You Ready For The Second Wave Of Inflation?

Our latest theme is that the U.S. Central Bank called the Federal Reserve, or the Fed for short, is NOT politically independent, but is in fact a highly partisan organization that leans left.The above items are not some conspiracy theory. The Fed’s own actions support this view.By quick way of review…1) The Bernanke-led Fed launched […]
Three Stocks That Are Set Up For A Great Second Quarter Of 2024

Three Stocks That Are Set Up For A Great Second Quarter Of 2024

Image courtesy of 123rf.com The S&P 500 ended the first quarter of the year on a high note, rising over 10%. Of the magnificent seven, two seem to have dropped out of the running, with Apple (Nasdaq: AAPL) and Telsa (Nasdaq: TSLA) noting a tough start to the quarter. Nvidia (Nasdaq: NVDA), along with other AI-synergy stocks, has continued gaining strength […]
Commodities Poised To Rally As Interest Rates Set To Decline: Goldman

Commodities Poised To Rally As Interest Rates Set To Decline: Goldman

In a recent report, Goldman Sachs highlights the potential for commodities to rally when interest rates decline. This insight is particularly relevant now, as a number of major financial institutions predict a series of rate cuts this year, perhaps as many as three, though some Federal Reserve officials are reportedly questioning the appropriateness of that number given […]
Fib-Tickler

Fib-Tickler

Image Source: Pexels Here’s an interesting tidbit: the Russell 2000 almost perfectly tagged its Fibonacci sequence on Friday. This is a major resistance level, and if we can break that ascending trendline, the small caps have a real chance of finally ending this insane mega-rally that started last October. More By This Author:Dazzling Dogecoin: Triple-Digit Surge […]
Visualizing The Revenue Of The Big Four Accounting Firms

Visualizing The Revenue Of The Big Four Accounting Firms

The Big Four accounting firms – Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and KPMG – have solidified their positions as global industry leaders, boasting a combined revenue exceeding $200 billion in 2023.Together, these firms audit the majority of publicly traded companies worldwide.This infographic details the revenues of the “Big Four” accounting firms for the fiscal year […]
Manufacturing ISM Inches Positive After 16 Months Of Contraction

Manufacturing ISM Inches Positive After 16 Months Of Contraction

ISM chart and excerpts below by permission from the Institute for Supply Management® ISM®Please consider the March 2024 Manufacturing ISM® Report On Business®  emphasis mine. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: The U.S. manufacturing sector expanded in March, as the Manufacturing PMI® registered […]
Imagine If We Could Annualize This Quarter…

Imagine If We Could Annualize This Quarter…

Image Source: Unsplash Many years ago, a very intelligent and experienced colleague made a classic mistake about annualization. We made a tweak to our trading model in the hope that this minor change would yield marginally better daily trading results. And on the first day, it worked even better than we’d hoped. I don’t remember the […]
Fed To Offer Every Household $1 Million From Its New Discount Window

Fed To Offer Every Household $1 Million From Its New Discount Window

Image Source: Pexels The Federal Reserve announced a new program today that offers every American household a $1 million loan from its new Household Discount Window at 2% interest. Before you start planning how to spend the $1 million, there’s one catch: the $1 million can only be used to buy US Treasury bonds, notes and bills. […]
Understanding Commodities In Today’s Economy 
                    

Economic Significance of Commodities

Commodities and Inflation: A Historical Perspective

Spot vs. Futures Price:

The Essence of Spot and Futures Prices

The Role of Speculators and Hedgers

Exchange-Traded Commodities (ETCs)

Market Dynamics

Accessing Markets through ETFs

ETF Structures

Navigating Contango and Backwardation in Commodity Markets

Understanding Commodities In Today’s Economy Economic Significance of Commodities Commodities and Inflation: A Historical Perspective Spot vs. Futures Price: The Essence of Spot and Futures Prices The Role of Speculators and Hedgers Exchange-Traded Commodities (ETCs) Market Dynamics Accessing Markets through ETFs ETF Structures Navigating Contango and Backwardation in Commodity Markets

Image Source: Unsplash Commodities, the backbone of the global economy, have long been overshadowed by the dazzling performance of equities and fixed-income markets. The 2010s, in particular, saw commodities facing significant challenges, largely due to various macroeconomic headwinds. However, the landscape has shifted dramatically in recent years. With equities and bonds reaching new highs amidst stretched […]