Archives by Month:

Archives by Year:

Optimism to unlock $56 million in tokens today, OP slides 2%

Optimism to unlock $56 million in tokens today, OP slides 2%

Key Takeaways Optimism will unlock over 31 million OP tokens in the next few hours. The previous unlock caused a temporary price dip, but recovered slightly within a week. Ethereum layer 2 blockchain Optimism is set to unlock $56 million worth of OP tokens today. Ahead of the anticipated increase in supply, the price of […]
Consumers Don’t Like Inflation, Will Be Cautious

Consumers Don’t Like Inflation, Will Be Cautious

Image Source: PixabayConsumer sentiment has dropped sharply since the first of the year, according the University of Michigan’s survey. The Conference Board’s Consumer Confidence measure did also. Inflation is probably the culprit.President Biden’s supporters have argued that people should enjoy the current economy. Alan Blinder’s view ran with the headline, “The Economy Is Good. Why Don’t People Know It?” The argument […]
July 2024 Monthly

July 2024 Monthly

Image Source: PexelsJuly is about the Olympics and reaping what was sown in June. The UK and France will have new governments. There will be a new European Commission. China will hold its Third Plenum session, out of which many expect new measures to support the economy.The Bank of Japan may announce a plan to reduce […]
Amazon’s Satellite Internet Service Delayed While Elon Musk’s SpaceX Leads Space-Race

Amazon’s Satellite Internet Service Delayed While Elon Musk’s SpaceX Leads Space-Race

Image Source: UnsplashAmazon’s rival to Elon Musk’s Starlink, Project Kuiper, is running into delays. The company now anticipates Kuiper’s first batch of low-Earth satellites will be launched late in 2024, versus the early projection of the first half of this year. Customer testing is not expected until 2025. “We expect to ship our first completed production satellites this summer, and we’re targeting […]
The Fed-Induced Housing Crisis

The Fed-Induced Housing Crisis

Image Source: UnsplashWhile the Federal Reserve’s inflationary policies are publicized as protecting the American people, they are causing the American dream of homeownership to slip away. By raising the federal funds rate to combat their self-inflicted inflation, the Fed has driven up mortgage costs, making it harder for aspiring homeowners to secure a place in the […]
Energy Shorts

Energy Shorts

One of the very few assets which has swan-dived on the post-debate day has been crude oil.Although energy stocks were very strong early today, particularly pre-open, based on the debate results, I’m still very enthusiastic about the prospects for specific bearish energy plays such as APA…………….and SLB:   More By This Author:Draft Kings Puts Yield 70% Gain In […]
Supreme Court Views On Price Stability And Full Employment

Supreme Court Views On Price Stability And Full Employment

Image Source: PexelsIn the wake of the SCOTUS decision regarding Chevron deference, I investigate this issue. Here is a summary of academic research on Supreme Court views on these topics, separate from whether fiat money as currently established in the United States as unconstitutional (e.g., see here). I also defer discussion on whether the Federal Reserve is constitutional. […]
Dow Jones Analysis & Dow Jones Week Ahead Forecast – Saturday, June 29

Dow Jones Analysis & Dow Jones Week Ahead Forecast – Saturday, June 29

Today you will see US30 price prediction based on the technical analysis. What is the support and resistance on the daily time frame for US30. What to expect where the price will breakout for the US30 based on the supply and demand zones.Video Length: 00:03:16More By This Author:GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast […]
EUR/USD Drifts Into Familiar Midranges After Friday Goes Nowhere

EUR/USD Drifts Into Familiar Midranges After Friday Goes Nowhere

EUR/USD pivoted into a sideways grind on Friday, wrapping up a flat trading week after Fiber traders found little reason to push the pair meaningfully in either direction. German import prices and labor figures broadly miss the mark, and US Personal Consumption Expenditure Price Index (PCE) inflation failed to spark a meaningful bid despite printing at forecasts.German Unemployment […]
The Confidence Dichotomy

The Confidence Dichotomy

Last week, we did an in-depth discussion of the worsening breadth of the market. However, the critical point was that investors make two mistakes regarding such data. To wit: “The first is overreacting to these technical signals, thinking a more severe correction is coming. The second is taking action too soon. Yes, these signals often […]