Category Archive: Finance, No picture
Rates Spark: Long-End Rates Look Too Low Post The FOMC
Noteworthy here is the upside shift in the market expectation for the effective fund rate for end-2025. It’s essentially flat to the current 10yr SOFR rate. Something is mis-priced here. Most likely, long tenor rates are too low. Compared to the Fed, the ECB has more flexibility to cut rates if needed, posing downside risks […]
How Competitive Is China?
Image Source: Unsplash This probably seems like a silly question, but it’s actually a hard one to answer quantitatively.The standard measure is the CPI deflated trade weighted exchange rate, but this uses prices relevant to consumers, not producers. And not cost of production. As discussed in Chinn (2006), unit labor costs (ULC) would be the most appropriate. […]
Fed cuts rates by 25 basis points as crypto market extends losses
Key Takeaways The Federal Reserve reduced its benchmark interest rate by 25 basis points amid mixed economic signals. The crypto market experienced declines with Bitcoin dropping 4% and Ethereum and Solana seeing larger losses. Share this article The Federal Reserve cut its benchmark interest rate by 25 basis points to a target range of 4.25%-4.5%, […]
Ohio lawmaker pushes for state-backed Bitcoin reserve
Key Takeaways Ohio is considering a Bitcoin reserve to hedge against the dollar’s devaluation. Similar state-level initiatives for Bitcoin reserves are underway in Texas and Pennsylvania. Share this article Ohio State Representative Derek Merrin has introduced legislation to create a state-backed Bitcoin reserve. The proposal involves investing surplus funds in Bitcoin as a hedge against […]
Here’s What Wall Street Is Saying About Micron Ahead Of Earnings
Image Source: Unsplash Micron Technology (MU) is scheduled to report results of its fiscal first quarter after the market close on Wednesday, December 18, with a conference call scheduled for 4:30 pm ET. What to watch for: GUIDANCE: Along with its last report, Micron guided for Q1 earnings per share of $1.66-$1.82 on revenue of $8.5B-$8.9B. Analysts at the […]
Expect Fed Last Cut For Some Time. The Corn & Ethanol Report
We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Building Permits Prel, Building Permits MoM Prel, Current Account, Housing Starts, and Housing Starts MoM at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., 17-Week Bill Auction […]
Trump-backed World Liberty Financial adopts sUSDe stablecoin in DeFi expansion
Key Takeaways World Liberty Financial is integrating the sUSDe stablecoin into its DeFi ecosystem with Ethena. WLFI’s portfolio expansion includes $500,000 investment in Ethena and $250,000 in Ondo. Share this article Donald Trump-backed crypto project World Liberty Financial (WLFI) is partnering with Ethena to integrate the sUSDe stablecoin as a core collateral asset in WLFI’s […]
Level Up Your Trading: Inside The 4-Pillar Strategy Behind Triple-Digit Returns
Market Insights and Top Picks: As markets brace for the Federal Open Market Committee (FOMC) decision today, December 18th, traders find themselves in a precarious yet opportunistic environment. While recent weeks have provided significant gains, including stellar performances from key picks, cautious optimism prevails. Watch our full pre-market prep video here for detailed insights.Below, we summarize […]
Younger Teens Disappearing From Ranks Of U.S. Workers
In November 2024, the number and percentage of younger teens with jobs in the U.S. fell to its lowest level since March 2021.The number of U.S. teens Age 16 and 17 with jobs in the U.S. workforce declined to a seasonally-adjusted 1,927,000 in November 2024, some 280,000 below the 2,207,000 young teens recorded with jobs […]
Oversold Alert! Could This Be The Start Of The Next Big Move?
Image Source: Unsplash Watch the video from the WLGC session on 17 Dec 2024 to find out the following: Is the current market consolidation setting up for a breakout or further retracement What key indicators should traders watch for confirmation of a trend reversal How to use the short-term market breadth oscillating level to anticipate the […]
