Metal Markets Report For Wednesday, Dec 18
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:05More By This Author:Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17Metal Markets Report For Monday, Dec 16
Stock Market Sells Off On New Fed Rate Policy
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: PexelsToday’s Federal Open Market Committee (FOMC) decision to cut interest rates has had a negative effect on today’s stock market. Those record highs we had been seeing in the Nasdaq and elsewhere my perhaps something we won’t be speaking about much in the near future. Fed Cuts 25 bps to Lowest Rate in 2 Years, Markets […]
Playing By The Rules: The Importance Of Import Regulation On Managing Domestic Steel Supply
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: DepositPhotos In any blockbuster action movie, we may watch as good cops, bad cops, terrorists, spies and more chase one another through mazes of shipping containers in dark, secretive port scenes. This “bad guys assemble here” vision of global commerce is accentuated for audiences, but not all port problems are fictional plots in […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Dec 18
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: PexelsWe started the week with a “moon shot” and today we had a “moon drop.” Actually, I’ve read that some traders have labeled the type of pattern we’ve had building since Monday a “Matterhorn.” I’ve updated the charts accordingly and go into some depth as to what in my opinion created the “Matterhorn drop” […]
Fed Rate Cut Triggers Elliott Wave Primary Wave 4: S&P 500, NDX, DAX, FTSE & ASX Outlook
Dec 18, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Elliott Wave Analysis: Fed Rate Cut Sparks Potential Primary Wave 4 DowntrendThe Federal Reserve lowered interest rates by a quarter point, triggering a sharp market drop. Elliott Wave analysis now hinges on whether this initial decline forms a three-wave correction or a five-wave impulsive move. If it’s impulsive, we’d expect a corrective rally […]
Fed Confirms A Slower And Shallower Rate Cut Story For 2025
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: PexelsWe got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirms that the Fed is going to be much more cautious next year with sticky inflation and President Trump’s policy mix meaning a higher hurdle is required to justify rate cuts in 2025. 25bp from the Fed, but […]
Business Cycle Indicators As Of Mid-December
Dec 18, 2024
Jeremy Parkinson
Finance
Industrial production -0.9% vs. +0.1% consensus (m/m). Here are some key indicators followed by the NBER’s BCDC, plus monthly GDP. Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold light green), manufacturing and trade sales […]
3 Consumer Staples Stocks For Long-Term Dividend Growth And Income
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay The consumer staples sector is home to some of the world’s most well-known dividend growth stocks. In fact, the consumer staples sector has the most Dividend Aristocrats of any individual market sector.Consumer staples stocks also appeal to risk-averse investors as defensive industries such as food and beverage and personal care products see steady demand, even during recessions.The […]
Solana meme coin Fartcoin hits $1 billion market cap
Dec 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Fartcoin reaches $1 billion market cap in under two months, entering the top 10 meme coins by market cap. Truth Terminal’s Infinite Backrooms discussions fueled Fartcoin’s rise amid broader market downturns. Share this article Fartcoin, the meme coin fueled by discussions in Truth Terminal’s “Infinite Backrooms” chatrooms, has reached a $1 billion market […]
Why Don’t EU Firms Innovate? The Hidden Costs Of Failure
Dec 18, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay A simple-minded view of a business trying to innovate might go like this: You spend some money, hire some workers, give it a try–and if it fails to produce revenue, you take your losses, close the books, and shut it down. But what if the act of shutting something down imposes additional future […]