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Boeing Cash Patch Will Be Ripped Off

Boeing Cash Patch Will Be Ripped Off

Image Source: UnsplashBoeing (BA) needs a lot of things, but what it needs most is cash. On Monday the $92 billion aviation giant said it would seek to fix that problem, registering a document with the U.S. Securities and Exchange Commission to raise up to $25 billion by selling debt and stock while also announcing a $10 billion credit agreement. […]
WTI Rallies After API Reports Across-The-Board Inventory Draws

WTI Rallies After API Reports Across-The-Board Inventory Draws

Image Source: PixabayOil prices dipped very marginally today (with WTI holding above $70), down for the fourth day in a row as traders focused on an uncertain demand outlook – particularly from China, the world’s largest crude importer.Additionally, traders have “largely priced in the Middle East tensions,” and the base-case scenario for many of them is that there […]
Fed Inflation Credibility Measured

Fed Inflation Credibility Measured

Image Source: PexelsHas the Fed lost credibility, as some people have argued (e.g., EJ Antoni)?One way to assess credibility is to see whether people’s expectations of inflation at the medium term (say 3 years) comes close to the implicit target. With a PCE y/y inflation target of 2%, this means a 2.45% CPI target. Using this, […]
EUR/USD Backslides To A Ten-Week Swing Low Ahead Of ECB Rate Call

EUR/USD Backslides To A Ten-Week Swing Low Ahead Of ECB Rate Call

Image Source: Pixabay EUR/USD withered further on Wednesday, sagging below 1.0900. ECB rate cut looms large around the corner, broadly expected to trim rates 25 bps. Final EU inflation figures are unlikely to move the needle on Thursday. EUR/USD is in freefall, plummeting to multi-week lows as the Euro continues to crumple ahead of the European […]
Buffett Hoards Cash – Is A Market Shift Coming?

Buffett Hoards Cash – Is A Market Shift Coming?

Image Source: Pexels James Connor welcomes Jonathan Wellum, CEO of ROCKLINC Investment Partners, to discuss Warren Buffett’s decision to build cash reserves, the overvaluation of tech stocks like Nvidia, and why precious metals might become key to protecting portfolios. Wellum also covers Buffett’s increasing exposure to energy stocks, concerns over baby boomers’ equity exposure, and the […]
USD/CAD Posts Modest Gains Above 1.3750, Eyes On US Retail Sales Data

USD/CAD Posts Modest Gains Above 1.3750, Eyes On US Retail Sales Data

Photo by Michelle Spollen on Unsplash USD/CAD trades with mild gains around 1.3755 in Thursday’s early Asian session.  The expectation of a slower pace of Fed rate cuts underpins the USD broadly. The BoC is expected to cut rates by 50 bps next week.  The USD/CAD pair posts modest gains to near 1.3755 during the early Asian session on […]
Bitwise updates XRP ETF filing with new S-1 submission

Bitwise updates XRP ETF filing with new S-1 submission

Key Takeaways Bitwise revises its XRP ETF filing, enhancing custody and trading structures. SEC’s decision on Ripple appeal crucial for Bitwise XRP ETF’s future. Share this article Bitwise has updated its submission for launching an XRP-based ETF by revising its S-1 registration with the SEC with a new filing released today. The latest filing refines the […]
WSJ October Survey: GDP On The Rise

WSJ October Survey: GDP On The Rise

Only one forecaster projects two consecutive quarters of negative growth.Here’s the WSJ mean forecast compared to nowcasts: Figure 1: GDP (bold black), WSJ October survey mean (tan), GDPNow as of 10/9 (light blue square),NY Fed nowcast as of 10/11 (red triangles),St Louis Fed news nowcast as of 10/11 (pink x), Goldman Sachs tracking as of 10/9 […]
Why Central Banks Are Slashing Interest Rates: What It Means For You?

Why Central Banks Are Slashing Interest Rates: What It Means For You?

Image source: PixabayA report on the upcoming global interest rate cuts from Ira Epstein – EBC, Canada, and the like.Video Length: 00:05:25More By This Author:SPDR ETF Report For Tuesday, Oct 15 Financial Markets Report For Tuesday, Oct 15 Financial Markets Report For Thursday, Oct 10
Can Northwest Bancshares Afford Its 6% Yield?

Can Northwest Bancshares Afford Its 6% Yield?

Northwest Bancshares (Nasdaq: NWBI) has been around since the Grover Cleveland administration, having been founded back in 1896. The bank has 139 branches and drive-through centers in Pennsylvania, Ohio, Indiana, and New York.Its stock, a small cap with a $1.7 billion market cap, sports a juicy 6% yield.For banks, our measure of cash flow is net […]