Archives by Month:

Archives by Year:

Clearpool unveils RWA yield chain built on Optimism

Clearpool unveils RWA yield chain built on Optimism

Key Takeaways Clearpool launches Ozean, the first RWA yield chain built on Optimism, enabling native on-chain yield. Ozean features USDX stablecoin, ozUSD yield-bearing token, and innovative liquidity layer Oxygen. Share this article Clearpool has launched Ozean, an app chain built on Optimism focused on yield over real-world asset (RWA) tokens. Ozean aims to integrate RWAs […]
Lowe’s Cuts Full-Year Outlook On “Challenging Macroeconomic Backdrop” Hitting Homeowners

Lowe’s Cuts Full-Year Outlook On “Challenging Macroeconomic Backdrop” Hitting Homeowners

Home improvement retailer Lowe’s beat second-quarter earnings expectations but fell short on sales, slashing its full-year outlook due to “lower-than-expected DIY sales” in a “pressured macroeconomic environment.” Lowe’s and other industry peers like Home Depot have warned about an uncertain outlook as housing market trends slow amid high interest rates and elevated inflation, impacting low/mid-tier consumers. Goldman’s Kate […]
Sensex Today Ends 378 Points Higher; Nifty Above 24,650

Sensex Today Ends 378 Points Higher; Nifty Above 24,650

After opening the day on the higher, Indian benchmark indices continued the trend as the session progressed but ended the day higher.Benchmark indices maintained their winning ways on Tuesday aided by a strong rally in financial and information technology (IT) shares.At the closing bell, the BSE Sensex stood higher by 378 points (up 0.5%).Meanwhile, the NSE Nifty closed higher […]
Corn Bearish Trend On Last Legs. The Corn & Ethanol Report

Corn Bearish Trend On Last Legs. The Corn & Ethanol Report

Image Source: Unsplash  We kickoff the day with Redbook YoY at 7:55 A.M., NY Fed Treasury Purchases FRN’s 0 to 20 yrs. At 9:30 A.M., 42-Day Bill Auction at 10:30 A.M., Fed Bostic Speech at 12:35 P.M., Fed Barr Speech at 1:45 P.M., and API Energy Stocks at 3:30 P.M.The Conference Board Leading Economic Index for […]
LEI Following PMI Into Irrelevance

LEI Following PMI Into Irrelevance

It seems we keep adding more “non-financial” indicators to these measures, and as we do, they become less reliable.  It’s always said, “Emotions are the enemy of investors”. If this is true, why do investors rely on emotional measures from other people to make macro decisions? Maybe this is why macro investing is so hard, […]
Is Consumer Spending Or Services Really Two-Thirds Of The Economy?

Is Consumer Spending Or Services Really Two-Thirds Of The Economy?

Despite popular myth (and reporting), the answer is no. Let’s discuss how people arrive at these numbers and why they are wrong.GDP components from the BEA, chart by Mish.GDP consists of Personal Consumption Expenditures (PCE) plus Residential and Nonresidential Investment plus Government Spending plus CIPI.CIPI (not shown) stands for change in private inventories. It is […]
Linea welcomes Status as first contributor to open-source L2 rollup project

Linea welcomes Status as first contributor to open-source L2 rollup project

Key Takeaways Status is the first to contribute to Linea’s open-source L2 rollup project. The partnership focuses on scaling Ethereum with zero-knowledge tech. Share this article Linea, an Ethereum layer-2 scaling solution, has announced Status as the first contributor to its open-source L2 rollup project. This partnership marks a significant milestone in Linea’s decentralization roadmap […]
S&P 500 And Nasdaq Continue To Recover To New Highs

S&P 500 And Nasdaq Continue To Recover To New Highs

S&P 500 chart analysisYesterday, we saw a continuation of the S&P 500’s bullish trend from last week. The index got new support at 5550.0; after the check, a bullish consolidation was started up to the 5600.0 level. During this morning’s Asian session, the movement of the index was slowed down in the range of 5600.0-5620.0. There are […]
Gold Analysis: Gold Hovering Near All-Time Highs

Gold Analysis: Gold Hovering Near All-Time Highs

As trading began this week, gold traded around and above the psychological resistance of $2,500 per ounce, hovering near its all-time highs, driven by strong demand for safe-haven assets as financial markets assessed the Federal Reserve’s monetary policy expectations. Additionally, geopolitical tensions in the Middle East have contributed to the uncertainty, further supporting the demand […]
S&P 500 Breaks 5,600 – Is There Any Fuel Left?

S&P 500 Breaks 5,600 – Is There Any Fuel Left?

Stock prices extended advances once again. Are the getting closer to a local high?Monday marked another day of gains for stocks, with the S&P 500 index rising 0.97% and retracing more of its sell-off from July to early August. The market continues to climb following the brief Yen crisis at the start of August, surprising […]