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Want To Cut Federal Workers? Just Cut Spending.

Want To Cut Federal Workers? Just Cut Spending.

Elon Musk’s so-called Department of Government Efficiency (DOGE) has been making a lot of noise about all the federal employees it plans to fire. The DOGE people have framed total federal employment as something of a proxy for the total size of the federal government.  Cutting the federal workforce is all well and good, but […]
Stocks And Precious Metals Charts – Rate Cuts Will Be Slower And Shallower

Stocks And Precious Metals Charts – Rate Cuts Will Be Slower And Shallower

Stocks rallied to new all time highs.The Fed is signaling that rate cuts will be slower and shallower because the economy and inflation are resisting their latest mechanisms.Gold and silver edged higher, as the Dollar chopped sideways.VIX moved higher even as stocks hit a crescendo.Have a pleasant evening.  More By This Author:Stocks And Precious Metals […]
3 Stocks Trading At A Steep Discount In December 2024

3 Stocks Trading At A Steep Discount In December 2024

Image courtesy of 123rf.com Across thousands of stocks and peculiarities of each industry sector, it is a daunting task to pick the right equity exposure at the right time. For investors with medium to long time preference, these stocks have solid potential to return substantial profits. Unlike penny stocks, they are on a more secure track, limiting possible risk. […]
Rates Spark: The Ratchet Lower In Yields Is Far From Done

Rates Spark: The Ratchet Lower In Yields Is Far From Done

US Treasuries continue to drift lower, and we continue to eye 4% as both a target and a floor. The 2yr could go through. The 10yr could too, but shouldn’t. In the eurozone, markets are refraining from pricing in more near-term ECB cuts and are instead focusing increasingly on the landing point, potentially bull flattening […]
Long Bonds TLT: Agony And Ecstasy

Long Bonds TLT: Agony And Ecstasy

Today, the Chairman of the Federal Reserve, Jerome Powell spoke.Some highlights U.S. BUDGET IS ON AN UNSUSTAINABLE PATH; REVENUE AND SPENDING NEED TO BE BETTER ALIGNED CENTRAL BANK CANNOT TAKE DEBT AND DEFICITS INTO ACCOUNT IN SETTING RATES; NEEDS TO FOCUS ON INFLATION THE FED IS FAR FROM A SITUATION OF FISCAL DOMINANCE, USES ITS […]
Bitcoin Nears Record High As Trump Nominates Crypto-Friendly Paul Atkins To Replace Gensler As SEC Chair

Bitcoin Nears Record High As Trump Nominates Crypto-Friendly Paul Atkins To Replace Gensler As SEC Chair

With the departure of the most corrupt and incompetent – not to mention most hacked – SEC chair in history, Gary Gensler, is finally out. And, as we predicted, President-elect Donald Trump has nominated pro-crypto Paul Atkins to replace Gensler as the new chief of the Securities and Exchange Commission (SEC)… and BTC exploded higher on the news… As CoinTelegraph’s Vince Quill reports, […]
Marvell Stock Analysis: Overvalued Or Undervalued?

Marvell Stock Analysis: Overvalued Or Undervalued?

  ↵Image Source: Pixabay Marvell Technology Inc (Nasdaq: MRVL) says continued strength in its custom AI chips business helped it beat Street estimates in its third financial quarter.Shares of the semiconductor behemoth have more than doubled since early August – but Wall Street remains convinced that they still haven’t gotten ahead of themselves.Analysts expect Marvell stock to extend its […]
3 Dividend Kings You’ve Never Heard Of

3 Dividend Kings You’ve Never Heard Of

Image Source: Pixabay Dividend Kings are stocks that have grown their dividends for at least 50 consecutive years.Many of the stocks that comprise the Dividend Kings are global conglomerates. These industry giants are also mega-cap stocks with market caps above $200 billion.But there are many smaller Dividend Kings that fly under the radar for most investors, […]
Wall Street Logs Record Closes As Tech Stays Hot

Wall Street Logs Record Closes As Tech Stays Hot

Stocks resumed their uptrend today, with the all three major benchmarks each scoring record closes. The Dow logged its first-ever close above 45,000, while the tech-heavy Nasdaq marked its eighth win in the last nine sessions. Optimism on Wall Street rang so high today that investors mostly shrugged off comments from Fed Chair Jerome Powell, who […]
The 2024 Destruction Of Small Business Employment In Pictures

The 2024 Destruction Of Small Business Employment In Pictures

Data from ADP, chart by Mish Please consider the ADP® National Employment Report for November 2024. While overall growth for the month was healthy, industry performance was mixed. Manufacturing was the weakest we’ve seen since spring. Financial services and leisure and hospitality were also soft. The focus of this report is on small businesses. I believe part of […]