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Stocks & Bonds Slammed Ahead Of J-Hole As FedSpeak Slows Rate-Cut Euphoria

Stocks & Bonds Slammed Ahead Of J-Hole As FedSpeak Slows Rate-Cut Euphoria

Image Source: UnsplashAs the world and his pet-rabbit awaits tomorrow’s words from Jay Powell (which is largely moot now given the FOMC Minutes), today’s market action (stocks, bonds, and gold down; dollar up) was brought to you by notably less sanguine FedSpeak (walking the market back from four cut expectations) and disappointing macro data (reviving growth scares).Continuing […]
Gold: The Ultimate Hedge Against Soaring U.S. Debt

Gold: The Ultimate Hedge Against Soaring U.S. Debt

Image Source: Unsplash James Connor sits down with Rick Rule, Founder and CEO of Rule Investment Media, to uncover why gold remains the ultimate defense against reckless government spending and skyrocketing federal debt. Rick explains how the staggering U.S. debt load is unpayable and can only be eroded away through inflation, positioning gold as the best […]
SunPump tops Pump.fun in 24-hour memecoin revenue

SunPump tops Pump.fun in 24-hour memecoin revenue

Key Takeaways SunPump generated $567,000 in revenue from 7,531 memecoins on a single day. SunPump’s daily earnings surpassed PumpFun’s by a significant margin. Share this article SunPump, a Tron-based memecoin generator, recently surpassed Pump.fun in daily revenue, marking a significant milestone in the memecoin market. On Wednesday, SunPump generated approximately 3.65 million TRX, equivalent to […]
$10,000 In Gold

$10,000 In Gold

In today’s “$10,000 in…” series, we’re taking a look at the gold ETF (GLD). The SPDR Gold Trust (GLD) began trading nearly 20 years ago in November 2004. It marked the first time that investors could easily allocate funds to gold in a brokerage account. When GLD began trading on 11/18/2004, it had total assets […]
The Stock Market May Have Made A Pivotal Turn

The Stock Market May Have Made A Pivotal Turn

Stocks were lower today, with the S&P 500 dropping 89 basis points. The decline could have been slightly worse without a 19 basis point gain on a one-minute candle at 3:59 PM.I was somewhat surprised by today’s market on close (MOC) orders. Not only were they for sale, but they were also relatively small, totaling less […]
Does The Fed Have The Backbone To Go Big ?

Does The Fed Have The Backbone To Go Big ?

Image Source: Unsplash U.S. stocks wilted on Thursday as the countdown to the week’s main event—a potential comeuppance from Federal Reserve Chair Jerome Powell at Jackson Hole—tick-tocked closer. The S&P 500 lost 0.9%, marking its worst day in over two weeks, while the Dow Jones dipped 0.4%, and the Nasdaq stumbled, dropping 1.7%. Treasury yields cranked […]
Eurozone Wage Growth Drops Drastically, Paving The Way For A September Cut

Eurozone Wage Growth Drops Drastically, Paving The Way For A September Cut

The decline in eurozone negotiated wages from 4.7% to 3.6% in the second quarter was more than expected. While there could still be upside surprises to wage growth later in the year, today’s wage growth reading makes a September cut by 25bp even more likely.Image Source: Pixabay While economic activity has remained sluggish and forecasts have moved in […]
Could The Fed Cut Rates By 50 Basis Points In September?

Could The Fed Cut Rates By 50 Basis Points In September?

Image source: Wikipedia On the latest edition of Market Week in Review, Chief Investment Strategist for North America, Paul Eitelman, discussed the minutes from the U.S. Federal Reserve’s (Fed) July policy meeting as well as key watchpoints for investors at the annual Jackson Hole, Wyoming, economic symposium. He also shared the overarching themes from the latest […]
Treasury Yields, Powell Speech In Focus As Stocks Stumble

Treasury Yields, Powell Speech In Focus As Stocks Stumble

Stocks retreated this afternoon, with the Dow suffering a 177-point drop, brushing off the week’s earlier gains as investors turn their attention to Fed Chair Jerome Powell’s long-awaited speech tomorrow. Ahead of the Jackson Hole Economic Symposium and especially after Wednesday’s July Fed minutes supported a September rate cut, investors are eager for more insight into the […]
Stocks And Precious Metals Charts – Powell’s Speech Tomorrow

Stocks And Precious Metals Charts – Powell’s Speech Tomorrow

Stocks were weak today and went out near the lows.Gold and silver were hit hard.The Dollar rose, taking back the .50 it recently lost.Powell’s speech tomorrow from Jackson Hole *might* be notable.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – What Sorrow Awaits The Shepherds Of Lawlessness Stocks And Precious Metals […]