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Disinflation Accelerates In France

Disinflation Accelerates In France

Image Source: Pexels  The slowdown in price growth was marked in March. The data indicate that a return to 2% inflation during 2024 is likely, although a rebound in inflation is expected in the second quarter.  Slower than expected CPIIn March, consumer price inflation in France came in at 2.3%, a lower figure than that expected […]
EUR/USD Holds Steady As Core PCE Meets Expectations

EUR/USD Holds Steady As Core PCE Meets Expectations

The EUR/USD remains barely unchanged on thin trading after the US Bureau of Economic Analysis (BEA) revealed the Federal Reserve’s preferred gauge for inflation, the Core Personal Consumption Expenditure (PCE) price index for February was aligned with estimates. That said, the EUR/USD trades at 1.0788, posting minuscule gains of 0.02% EUR/USD posts minimal movement after US inflation dataThe BEA revealed […]
Case-Shiller National Home Price Index Hits New Record High

Case-Shiller National Home Price Index Hits New Record High

Case-Shiller updated is home price data for January this week. Here are the key charts and a discussion of why it’s hard to tell if prices are rising or falling.Case-Shiller, OER and CPI data from St. Louis Fed, chart by Mish Chart Notes National and 10-City Case-Shiller home prices hit new record highs in August. […]
Christopher Waller The Fed’s Biggest Hawk Is Turning Dovish

Christopher Waller The Fed’s Biggest Hawk Is Turning Dovish

In a speech last Thursday, Fed Governor Christopher Waller showed how even the most hawkish Fed members are turning dovish. The transformation from a hawkish to a dovish Fed began last October. In late summer and early fall of 2023, the Fed talked about rate increases and was steadfast about beating inflation. At the November […]
Is Now The Time To Buy A Nvidia Dip?

Is Now The Time To Buy A Nvidia Dip?

Nvidia Corporation (NVDA) is a well-known American technology company primarily known for designing graphics processing units (GPUs) for the gaming, professional visualization, data center, and automotive markets. Nvidia has been at the forefront of technological innovation in various sectors, and its products and technologies have had a significant impact on industries ranging from gaming to […]
Bitcoin Price Slips Below $70000 In Search Of Support

Bitcoin Price Slips Below $70000 In Search Of Support

Bitcoin chart analysisThe price of Bitcoin rose to $71,587 on Thursday. We failed to move above the $72000 level again. A new bearish consolidation and pullback below $71000 was initiated from the new resistance. This morning, we also broke below that support and continued below $70500.In the zone around $70200, we come across the EMA50 […]
General Dynamics Dividend Stock Analysis

General Dynamics Dividend Stock Analysis

Image Source: Unsplash  Linked here is a detailed quantitative analysis of General Dynamics (GD). Below are some highlights from the above linked analysis:Company Description: General Dynamics is the world’s fourth largest military contractor, and also one of the world’s biggest manufacturers of corporate jets.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these […]
Today Most Financial Markets Are Closed Due To The Good Friday Holiday

Today Most Financial Markets Are Closed Due To The Good Friday Holiday

Image Source: DepositPhotosAs of Wednesday’s stock market close, the Dow Jones Index (US30) was up 0.12%. The S&P 500 Index (US500) added 0.11%, setting an all-time high. The NASDAQ Technology Index (US100) closed negative 0.14%. Stocks received some support from Thursday’s upwardly revised fourth-quarter GDP report. In contrast, the core PCE price deflator was revised downward, reinforcing the prospect of a soft […]
March Recap: 5 Largest Canadian Cannabis LPs Up 65%, On Average

March Recap: 5 Largest Canadian Cannabis LPs Up 65%, On Average

Image Source: Unsplash  A historic vote in Germany in March decriminalizing the sale of cannabis there sparked a rally in shares of Canadian cannabis LP stocks by 64.6% during the month.Below is how each of the 5 constituents in the munKNEE Canadian Cannabis LP Stocks Index performed in March and how well they have performed YTD: Canopy […]
United States GDP Expanded In Fourth Quarter By 3.4% 
                    
Market Reaction – US Dollar Steady, Stock Markets Shrug 
 

United States GDP Expanded In Fourth Quarter By 3.4% Market Reaction – US Dollar Steady, Stock Markets Shrug   

Image Source: DepositPhotosUS GDP grows 3.4% in Q4 2023, with consumer spending and investment up. Dollar steady, stocks unmoved. Canada’s GDP rebounds, hinting at solid 2024 start.US GDP rises 3.4%, Canada GDP rebounds; US dollar steady, while stock markets show little movement following the announcement.United States GDP for fourth quarter 2023, released earlier today, indicated that the […]