Category Archive: Finance, No picture
Facing Fiscal Reality: Navigating The End Of The Debt Supercycle
Image Source: Unsplash The past decade has seen unprecedented levels of deficit spending and debt accumulation by the US government. According to the data, this unsustainable path will eventually lead to fiscal and economic crises if left unaddressed. As the eventual problems come into clearer focus, prudent Americans would be wise to understand the challenges and […]
Microsoft And Meta To Use New AMD Chip As An Alternative To Nvidia
Image Source: Unsplash Advanced Micro Devices Inc (Nasdaq: AMD) ended slightly down on Wednesday even after Meta Platforms Inc (Nasdaq: META) and Microsoft Corp (Nasdaq: MSFT) said they’ll use its latest AI chip as an alternative to Nvidia Corp (Nasdaq: NVDA). Is MI300X comparable to Nvidia’s H100? Instinct MI300X – a new accelerator that AMD says will […]
Eurozone Retail Trade Ticks Up Slightly In October
The 0.1% increase in retail trade means that volumes have been broadly unchanged since August. After two years of declining retail volumes, we are reluctant to call a change in trend just yet though. That said, we do expect improvements in 2024.Image Source: Unsplash Retail volumes have fallen for about two years in a row now. […]
Fund Movement + Friday WASDE Surprise. The Corn & Ethanol Report
We kicked off the day with MBA 30-Year Mortgage Rte. MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.m., ADP Employment Change at 7:15 A.M., Trade Balance, Exports, Imports, Nonfarm Productivity QoQ Final, and Unit Labour Costs QoQ Final at 7:30 A.M., EIA Energy Stocks at […]
Hey Mr. Market – Tell Me What You Want, What You Really, Really Want
Image Source: Unsplash(No musical link today despite the obvious reference. I’ve never liked the song)I’ve been wrestling with what appears to be an obvious conundrum regarding the stock market’s mentality. Equity investors say that they are hopeful for a soft landing for the economy yet seem to relish signals of more overt weakness. Stock markets have […]
OPEC+ Skepticism Causes Trading Crude Oil Slide
Image Source: Unsplash In the early hours of Wednesday’s Asian trading session, trading crude oil experienced a decline, reflecting ongoing skepticism surrounding the effectiveness of OPEC+ production cuts. The market also responded to growing concerns about China’s economic outlook. This pushed both Brent crude and US WTI crude futures to their lowest levels since July 6. […]
Analytical Overview Of The Main Currency Pairs – Wednesday, Dec. 6
Image Source: Unsplash The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0834 Prev Close: 1.0795 % chg. over the last day: -0.36 % The US dollar found support on Tuesday amid increased demand for safe-haven housing after Moody’s Investors Service downgraded China’s credit outlook from stable to negative due to rising debt. Euro weakness also supported […]
Chart Of The Day: Informatic – Artificial Intelligence Software
Photo by Maxim Hopman on Unsplash The Chart of the Day belongs to the artificial intelligence software company Informatic (INFA). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature […]
Uranium Still Hot – Get In Now
Photo by Dan Meyers on Unsplash Nuclear energy remains controversial as a power source—to say the least. Some say it is the solution to our energy needs while meeting zero-carbon targets. Others say it only adds another type of problem for our environment.Meanwhile, in the world of markets, uranium has been the hottest commodity so […]
Oil Prices Drop As Increased US Supply Offsets OPEC+ Cuts
Oil prices failed to capitalize on recent production cuts as the market prices in unprecedented US exports. Crude Benchmarks Drop to 6-Month LowOil prices edged lower on Wednesday as markets reacted to the fresh supply released by the US, which reduced the effectiveness of a recent OPEC+ cut extension.According to the latest ship-tracking data, the US […]
