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Here’s Why Treasury ETFs Are Scaling New Highs

Here’s Why Treasury ETFs Are Scaling New Highs

Image Source: PixabayTreasuries have been witnessing strong momentum in recent weeks, buoyed by Fed rate cut speculations. The latest inflation data signals confirmed bets that the Fed will cut rates next week, pushing up Treasury ETFs to new highs. Notably, the 10-year yields dropped to a 30-month low of 6.82%, while 2-year yields are hovering near […]
The Next China For Silver

The Next China For Silver

Image Source: PixabayChina’s dominance of the solar manufacturing industry runs to the tune of +80%, so it’s not surprising that country dominates silver headlines.But investors need to take stock of India’s growing influence on silver markets. Long known as precious metals afficionados, Indians have been storing their wealth in gold and silver for a very long […]
Triple Pain

Triple Pain

Image Source: PixabayUntil about twenty-seven hours ago, I couldn’t get enough of this market. As it is now – – yuck! My only salvation is my 40% cash position and the fact my options are all 2025/2026 expirations.This week has had three rallies. The first (red arrow) I completely expected and was prepared for. The second, is blue, was the Jensen Huang rally, was a shocker […]
Silver Set For A Breakout? A Detailed Look At The Bullish Case For Silver

Silver Set For A Breakout? A Detailed Look At The Bullish Case For Silver

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives deep into pattern recognition and its crucial role in both ice hockey and investing. Drawing fascinating parallels between the two, Maharrey highlights how goalies rely on pattern recognition to make split-second decisions, a technique that can also be applied to the financial world. While […]
The “Return Of Inflation” And How To Profit From It

The “Return Of Inflation” And How To Profit From It

Image Source: PixabayPPI data came in above expectations today, but still, in the grand scheme of things, below levels that would give the Fed heartburn – if they even get heartburn.Today we’re going to look at how crude oil, Texas tea, impacts that same inflation data. What’s more, we’ll look at my charts and see what […]
Trump to launch DeFi protocol next Monday

Trump to launch DeFi protocol next Monday

Key Takeaways Trump’s World Liberty Financial DeFi project launches on September 16. The launch event will be live-streamed on Twitter Spaces. Share this article Former President Donald Trump announced plans to launch “World Liberty Financial,” a decentralized finance (DeFi) protocol, next Monday, September 16, at 8 pm via Twitter Spaces. .@WorldLibertyFi pic.twitter.com/rHEGQXl4jL — Donald J. […]
YIelds Hit Session High After Tailing 30Y Auction

YIelds Hit Session High After Tailing 30Y Auction

Image Source: PixabayAfter two stellar auctions, where both Tuesday’s 3Y and yesterday’s 10Y sale may have been two of the best auctions in history for the respective tenors, moments ago the Treasury concluded the week’s coupon issuance when it sold $22BN in 30Y paper in a decidedly uglier sale.The auction stopped with a high yield of […]
A Rate Cut Friendly Producer Price Index Report Follows The CPI Report

A Rate Cut Friendly Producer Price Index Report Follows The CPI Report

Image Source: PexelsThe PPI rose 0.2 percent, in line with expectations. The BLS revised the July PPI lower to 0.1 percent.The BLS report the Producer Price Index Rose 0.2 percent in August.PPI Final Demand Key Detail Month-Over-Month PPI: +0.2 Percent Services: +0.4 percent Goods: +0.0 Percent Excluding Food and Energy: +0.1 Percent Food: +0.1 percent Given the Fed’s […]
Instantaneous Core Inflation, With PPI And Nowcasted PCE Deflator

Instantaneous Core Inflation, With PPI And Nowcasted PCE Deflator

Image Source: PixabayWith the PPI release, and Cleveland Fed PCE nowcast as of today:Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), services supercore (light green), PPI core (red), and PCE core (green), per Eeckhout (2023), T=12, a=4. August observation for PCE deflator is nowcast as of 9/12/2024 (yoy measure). Horizontal red […]
Carbon Taxes Vs. Regulation

Carbon Taxes Vs. Regulation

Image Source: PexelsBloomberg has an article on electric cars, which illustrates some of the advantages of carbon taxes over regulation: New Breed of EV Promises 700 Miles per Charge (Just Add Gas) It runs on batteries 95% of the time, but a gasoline engine can recharge them for longer hauls, easing range anxiety. EV sales growth has […]