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Archives by Year:
Discord access restricted in Turkey after Russian ban
Key Takeaways Turkey’s ban on Discord was influenced by similar actions in Russia and concerns over child safety. The ban could negatively affect the operational efficiency of crypto projects relying on Discord. Share this article Turkey has banned Discord, mere hours after Russia’s communications watchdog, Roskomnadzor, blocked the messaging platform due to non-compliance with content […]
No Recession In 2022H1: Edition MMMXXVII
Image Source: PexelsReader Steven Kopits writes: Two down quarters in 2021. Typical definition of a recession. I don’t believe I have declared a recession since. No negative quarters in 2021. I think Mr. Kopits meant 2022. No two consecutive quarters of growth in 2022 (which was Mr. Kopits’ assertion, as late as January 2023, after repeated declarations).Here the data, […]
Conor Sen On Fed Policy
Image Source: PexelsMatt Yglesias recently directed me to this tweet:Conor Sen may well be correct about the need for further rate cuts. But I worry about a Fed policy that focuses more on the unemployment rate than the GDP growth rate. (Sen may have been referring to real GDP growth, but I’ll focus on NGDP growth, which […]
Canadian Dollar Falls Further As Canadian Trade Balance Contracts
Photo by Michelle Spollen on Unsplash The Canadian Dollar lost another quarter percent on Tuesday. Canada saw a steeper-than-expected contraction in trade balance figures. Fed Meeting Minutes to reveal further details about Fed’s latest rate moves. The Canadian Dollar (CAD) shed another quarter of a percent against the Greenback on Tuesday, trimming lower slipping back against the US […]
Should Investors Buy JPMorgan Stock Ahead Of Q3 Earnings?
Image Source: UnsplashJPMorgan Chase (JPM – Free Report) will kickstart third-quarter results from big banks this week as investors look for insight into the effect rate cuts will have on the broader banking industry.To that point, banks can experience benefits and drawbacks from interest rate cuts with loan demands likely to rise although profit margins might decrease.That said, let’s […]
Australian Dollar Soft On Chinese Outlook, Dovish RBA Minutes
Image Source: Unsplash AUD/USD declines as Chinese stimulus concerns weigh on market sentiment. Risk-perceived currencies are also under pressure due to rising Oil prices and the Israel conflict. RBA Meeting Minutes gave some dovish insights on the RBA’s stance. The AUD/USD declined by 0.60% to 0.6725 in Tuesday’s session, influenced by China’s uncertain economic outlook. A leading Chinese […]
Gold Slides As US Yields Rise, Middle East Conflict Eases
Image Source: Pixabay Gold drops to a daily low of $2,604 amid truce hopes between Israel and its neighbors. Safe-haven demand weakens as Hezbollah supports ceasefire efforts, while rising US Treasury yields further weigh on Bullion. Traders adjust Fed rate cut expectations with focus shifting to upcoming US inflation data, jobless claims and consumer sentiment. Gold […]
Why I’m Near-Term Cautious On Silver
Image Source: PixabayYou won’t be surprised to hear that I’m a long-term precious metals bull.Still, that doesn’t mean I think these metals go up in a straight line. Almost nothing does.I’ve been saying for some time that silver and gold were due for a correction. We may be getting one now.Here’s a chart of the silver […]
Stocks And Precious Metals Charts – The Aftermath Of The Non-Farm Payrolls
So the aftermath of the Non-Farm Payrolls report is playing out, but with a little delay for a change up.It’s nice to see that they still care enough to try and hide it, at least in the financial markets.In politics, not so much. Their lies are becoming increasingly transparent and sloppy. Our erstwhile Administration functionaries lie like […]
HBO documentary leak suggests ex-Bitcoin dev Peter Todd is Satoshi
Share this article A leaked video clip shared by Twitter user BlockCitizen from HBO’s highly anticipated documentary ‘Money Electric: The Bitcoin Mystery’ shows Peter Todd, a prominent Bitcoin Core developer, allegedly claiming to be the mysterious Satoshi Nakamoto. This video makes me almost 99% sure that HBO is revealing Peter Todd as #Satoshi . pic.twitter.com/0r0RPpji8P […]
