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Dow, Nasdaq Settle Over 400 Points Higher

Dow, Nasdaq Settle Over 400 Points Higher

Stocks extended their midday gains, with the Dow and Nasdaq both finishing over 400 points higher — the latter for its fourth-straight daily win alongside the S&P 500. A softer-than-expected PPI reading gave the market a boost, though investors are looking ahead to tomorrow’s highly anticipated CPI data for a clearer inflation picture. The Fed’s rate cut […]
Top 3 Defensive Dividend Stocks In August 2024

Top 3 Defensive Dividend Stocks In August 2024

Image courtesy of 123rf.com Although the CBOE Volatility Index (VIX) subsided from its yearly high last week, it is still at an elevated year-to-date level of nearly 20. In these periods of volatility, investors often pick dividend stocks to cushion potential losses.Over the last 30 days, the S&P 500 Index (SPX) yielded negative -4.36% returns. According to last […]
Election Sensitivities For Small Business

Election Sensitivities For Small Business

Among this morning’s economic releases was the NFIB’s Small Business Optimism index. The headline number came in above expectations, rising to 93.7 versus forecasts of an unchanged reading of 91.5. While that would still indicate that small business sentiment remains at the low end of its historical range, it did rise to the highest level […]
Is XRP The Next Multi-Bagger Token?

Is XRP The Next Multi-Bagger Token?

Image by WorldSpectrum from Pixabay  The summer of 2024 has been a rollercoaster for the financial markets, characterized by significant volatility. However, with volatility often comes opportunity. In the crypto world, this volatility can signal rotations that reveal potential high-return investments. The key question for crypto investors is which assets might offer substantial gains over the next 12 to 18 […]
One Year Ahead CPI Inflation Expectations Down In July For Consumers, Firms, Economists

One Year Ahead CPI Inflation Expectations Down In July For Consumers, Firms, Economists

Last one for August (from Survey of Professional Forecasters). Figure 1: Year-on-year actual CPI inflation (bold black), and expected inflation from University of Michigan (red), NY Fed (light green), Survey of Professional Forecasters (blue +), Coibion-Gorodnichenko SoFIE mean (sky blue squares), and unit cost growth rate (chartreuse), all in %. Source: BLS, U.Michigan via FRED, NY Fed, Philadelphia […]
Surging Silver Demand Could Deplete Global Inventories As Early As Next Year

Surging Silver Demand Could Deplete Global Inventories As Early As Next Year

Image Source: Pixabay Rapidly increasing industrial and military demand for silver could deplete global inventories by as early as next year.  Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this year.In 2023, the silver market charted a structural deficit of 184.3 million ounces. The projection is for an […]
Consumers No Longer Accept The Blame For Inflation 
                    
 
Unwillingness to Pay
 
Soft Landing?

Consumers No Longer Accept The Blame For Inflation   Unwillingness to Pay   Soft Landing?

During our recent experience with inflation, I frequently see and hear narratives about how a high willingness to pay helped to support inflationary pressures in the economy. A recent article from the AP, “Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike“, encapsulated this narrative as another […]
Precious Metals Market Update August 13th – No Peace This Week

Precious Metals Market Update August 13th – No Peace This Week

Image Source: Pixabay The US stock market has rebounded this week, driven by softer-than-expected Producer Price Index (PPI) inflation data. The PPI, which measures the average change in selling prices received by domestic producers of goods and services, rose by a modest 0.1% in July—below the 0.2% expected for the month. This puts PPI inflation at […]
These 7 Semiconductor/AI-Related Portfolios Are Down 9%, On Average, So Far In August

These 7 Semiconductor/AI-Related Portfolios Are Down 9%, On Average, So Far In August

 An IntroductionThere are hundreds of AI-related stocks trading on various exchanges around the world and that number has been reduced to 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and put into portfolios which are tracked on a weekly basis. What follows is a summary of these 7 portfolios’ performances so […]
Softs Report – Tuesday, Aug. 13

Softs Report – Tuesday, Aug. 13

COTTON General Comments: Cotton was higher in response to the USDA reports that showed less planted and harvest acres and less yield than trade expectations. The supply side of the reports was bullish for the trade. Demand was cut, but not as much as production and ending stocks were lower. It looks like futures are […]