October 2024 - Page 52 of 244 -

If The Official Inflation Rate Is Correct, The Real Policy Rate In Russia Is Now 12.4%

Oct 25, 2024 Jeremy Parkinson Finance 0

Image Source: PexelsThe Central Bank of Russia today raised the policy rate from 19% to 21%.That’s assuming (1) adaptive expectations, and (2) the inflation rate is accurately measured. (h/t Anders Aslund) One might suspect that y/y inflation through September was actually higher than the reported 8.6%, but who knows. (The Central Bank has an October estimate […]

Stocks Break Six-Week Win-Streak, Gold Hits Record High As ‘Trump Trade’ Takes Off

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe theme for the week was the good (macro outperformance), the bad (dovish rate-cut expectations plunging), and the ugly (Kamala Harris victory expectations gagged as markets bet on Trump).The ‘good’ news this was that macro data continued to outperform expectations…Source: Bloomberg…raising ever more doubts about the pace of The Fed’s new easing cycle as rate-cut expectations tumbled this week – especially for 2025 (because […]

S&P 500, Nasdaq Rise Sharply Ending 3-Day Losing Streak; Viking Therapeutics Surge, While Capri’s Shares Slump

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash S&P 500 and Nasdaq rise sharply on Friday as Treasury yields slide. Shares of Viking Therapeutics surged on Friday after the company beat its third quarter earnings expectations. Crude oil prices head for weekly gains on geopolitical tensions after dropping 7% last week. US benchmark equity averages rose on Friday as the market […]

Previewing Big Tech Earnings

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Tesla (TSLA – Free Report) kicked off the Q3 reporting cycle for the Magnificent 7 companies in style, with significant gains on the margins front raising hopes that competitive pressures may have started to ease. Tesla’s issues have always been unique, not providing any read-through to the five Mag 7 peers that are coming out […]

Stocks And Precious Metals Charts – Locus Of The Bubble

Oct 25, 2024 Jeremy Parkinson Finance 0

Gold, silver, and the Dollar rallied.VIX rose.Stocks meandered, finishing weakly for the most part.The locus of the bubble, big cap tech, made a decent showing. But it is mostly forshow, with little substance as of yet.There will be an option expiration for the precious metals on the Comex next Monday the 28th. Have a pleasant weekend. […]

How Much Do G7 And BRICS Countries Rely On The Taiwan Strait?

Oct 25, 2024 Jeremy Parkinson Finance 0

G7 vs. BRICS Reliance on Taiwan Strait With China continuing to conduct military drills near Taiwan, as well as recently reaffirming that use of force will always remain an option to bring Taiwan under its control, concerns have grown over how potential Chinese actions in the region could impact global trade through the Taiwan Strait.This graphic visualizes the share […]

AskSlim Market Week – Friday, Oct. 25

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 00:39:02More By This Author:AskSlim Market Week – Friday, Oct. 19AskSlim Market Week – Friday, Oct. 4AskSlim Market Week – Friday, Sep. 27

Bitcoin Steady At $67K Amid Ripple, Tether And Binance News Crypto news stories Crypto price wrap

Oct 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Crypto prices fluctuated heavily over the week as Bitcoin price swung to above $69K and back under $65K before regaining some ground to trade above $67K on Friday evening.Most altcoins swung sharply too, with meme coins seeing huge gains before paring them.Meanwhile, in the broader industry, top news over the week included a […]

Good Trading Is About To Get Better

Oct 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The S&P 500 and Dow are closing out the week with losses, despite a few up days here and there. The Nasdaq on the other hand is up… oooh… a whopping 0.35% in the past five days. As I’d say on any given morning, “massively unchanged!”Most of that Nasdaq gain is because Tesla (TSLA) kicked […]

Nvidia, Rising Rates And Recession Risk

Oct 25, 2024 Jeremy Parkinson Finance 0

Here are some things I think I am thinking about this weekend: 1) NVIDIA Versus the World.Jason Zweig posted this incredible figure on Twitter the other day which shows the market cap of Nvidia (NVDA) versus the entire market cap of different countries. Nvidia is bigger than the Canadian, UK, French, German and Italian stock […]