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Hilarious Herd Hysteria, Gold Holds Its Own

Hilarious Herd Hysteria, Gold Holds Its Own

depositphotos  Let’s start with stocks, notably citing the hilarity of the FinMedia & Herd hysteria.  Not that we need be reminded, however this past Monday’s (05 August) selling underscored the stock market’s otherwise quintessential condition of complacency since any or all of the following stages (make your choice), courtesy of the “We Never Go Down Dept.”: Initial expectations […]
Mining The Latest CoT Report For The Movements Of Noncommercials, Hedge Funds, Futures

Mining The Latest CoT Report For The Movements Of Noncommercials, Hedge Funds, Futures

Following futures positions of non-commercials are as of August 6, 2024.10-year note: Currently net short 776.2k, up 47.7k.At 3.94 percent, the 10-year treasury yield remains under four percent but is substantially off Monday’s intraday low of 3.67 percent – a level that truly reflected the prevailing growth scare. That fear is not completely gone, but […]
Decoding The Japanese Carry Trade Tsunami

Decoding The Japanese Carry Trade Tsunami

The “markets” are busy shaking themselves apart on the one hand and being propped up and rescued by central banks on the other.  Which force will prove to be greater over the next few months? Our conversation with Paul Kiker.Video length 00:47:07 More By This Author:Why Your Wallet Feels Lighter & Tracking The Recession Inflation Is […]
Visualized: Company PAC Donations For The 2024 Presidential Election 
                    
Who Are The Biggest Public U.S. Companies Donating To?
Republicans Receive More Donations Than Democrats
Defense Companies Among Top Donors

Visualized: Company PAC Donations For The 2024 Presidential Election Who Are The Biggest Public U.S. Companies Donating To? Republicans Receive More Donations Than Democrats Defense Companies Among Top Donors

 Who Are The Biggest Public U.S. Companies Donating To?Political action committees, or PACs, rake in a lot of money from companies and individuals. In just the first 12 months of the 2024 election cycle, PACs have raised $3.7 billion.Companies and individuals seeking to support particular political parties or candidates often send their money to PACs, which […]
Okeanis Eco Tankers Corp Posts Better Than Expected Q2 2024 Results

Okeanis Eco Tankers Corp Posts Better Than Expected Q2 2024 Results

Image Source: UnsplashOkeanis Eco Tankers Corp. (ECO) has released its unaudited condensed financial results for the second quarter and six-month period ending June 30, 2024. The company reported revenues of $112.0 million for Q2 2024, a decrease from $119.8 million in Q2 2023. The net profit for this quarter stood at $39.6 million, down from $52.9 million in […]
Retail Earnings Loom: A Preview

Retail Earnings Loom: A Preview

Image Source: UnsplashWalmart (WMT – Free Report) shares held their own in the market’s recent turmoil, cementing its anchoring and defensive positioning. With the company on deck to report quarterly results on Thursday, August 15th, Walmart’s results will provide us with an important window into the health of the consumer economy. Worries about the economy and recession risks […]
Alibaba Stock Price Forecast: Key Levels To Watch Ahead Of Earnings

Alibaba Stock Price Forecast: Key Levels To Watch Ahead Of Earnings

depositphotos Alibaba shares have moved sideways in the past few months. The company will publish its financial results on Thursday next week. Analysts will focus on its retail and e-commerce growth. Alibaba (BABA) stock price continued lagging the financial market this year as investors remained about its growth and rising competition in key markets. The […]
High Frequency Recession Indicators

High Frequency Recession Indicators

Image Source: PixabayLewis/Mertens/Stock and Baumeister/Leiva-Leon/Sims weekly indicators, and Torsten Slok’s rundown.Figure 1: Lewis/Mertens/Stock Weekly Economic Index (blue), and Baumeister/Leiva-Leon/Sims Weekly Economic Conditions Index for US plus 2% trend (tan), all y/y growth rate in %. Source: NY Fed via FRED, WECI, accessed 8/10/2024, and author’s calculations.Growth by both indicators is around trend.What did these series look like for the […]
Three Things – Weekend Reading: Saturday, Aug 10

Three Things – Weekend Reading: Saturday, Aug 10

Image Source: PexelsHere are some things I think I am thinking about this weekend:1) The Panicky Emotions of Short-TermismWhat a wild week for the market. After closing down 2.5% on Monday following the panicky response to the previous Friday’s job report, the market ended the week…flat. If you’d been on vacation all week and just looked […]
Another Green Energy Company Declares Bankruptcy, Thank Biden’s Tariffs

Another Green Energy Company Declares Bankruptcy, Thank Biden’s Tariffs

Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Conflicting goals often leads to the worst of both outcomes. That’s what’s happening with solar panels and EVs.SunPower (SPWR) Went Bankrupt Despite Huge SubsidiesThe Wall Street Journal reports Another Green Energy Subsidy Bust The […]