Politics Breeds Conflict While The Market Brings Peace
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Once again, the presidential selection process has given us a contest between two people who agree on the pressing need to expand the entire welfare-warfare state. They can argue about priorities, but they agree on the overall goal. With the campaign lacking serious issues, something tells me that the great American obsession over race is […]
A Natural Hedge For All The Mayhem
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Today, we’re continuing our energy series with Jan Stuart, who last joined us on Global Macro Update over a year ago.I’ve been eager to speak with Jan again for months, especially since we added two US oil and gas producers to the Macro Advantage portfolio. Jan, as you might recall, is a global energy economist at Piper Sandler. Prior […]
NASDAQ Analysis & NASDAQ Forecast – Saturday, September 21
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Today you will see GBPUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for GBPUSD. What to expect where the price will breakout for the GBPUSD based on the supply and demand zones.Video Length: 00:03:49More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
A New Inflation Phase: SchiffGold Friday Gold Wrap – Saturday, September 21
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Gold closed the week at $2,621 (up $43 since last week) and silver at $31.15 (up $0.44). This episode explains in-depth the massive Fed interest rate cut announcement. A new phase of higher inflation and metal prices begins now.Video Length: 00:19:55More By This Author:US Jobs DisasterA September Sell-Off?: Gold Wrap for Friday, Aug 30Gold Above […]
The Fed Rate Cut Is A New Beginning
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Mortgage rates are down! Inflation is less inflation-y More By This Author:Money Talks: How to Make the Next WordleMoney Talks: The United States Is Doing Retirement WrongThe Rent Is Still Too Damned High
Coinbase confirms plans to bring cbBTC to Solana
Sep 21, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase’s cbBTC, backed 1:1 by Bitcoin, expands to Solana to access DeFi platforms. Solana’s fast transactions and low fees could attract more Bitcoin holders through cbBTC. Share this article Coinbase has confirmed plans to expand its wrapped Bitcoin token cbBTC to the Solana blockchain. This move follows the successful launch of cbBTC on […]
Bank Of England Holds Rates Steady While The Fed Cuts
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels The U.S. Federal Reserve kicked off the easing cycle with a jumbo-sized 50-bps rate cut The Bank of England left interest rates unchanged, citing elevated services inflation U.S. equities soared in the wake of the Fed’s rate decision On the latest edition of Market Week in Review, Director of Investment Strategies, Shailesh Kshatriya, […]
As Fed Lowers Rates, Advisors Urge Shift From Cash To Higher-Risk Investments
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The Federal Reserve cut the federal funds rate by a significant 50 basis points. Investment advisors are recommending that clients reconsider large cash positions. Money-market funds have long been attractive due. Investment advisors are now recommending that clients reconsider large cash positions as the Federal Reserve begins its anticipated easing of interest rates.With […]
The Broad Rate Downturn
Sep 21, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsSeems to me that interest rates are going to be falling for years. Sounds like good news, right? It won’t be. More By This Author:MegatrendsAbsolutely, PositivelyTesla Gap Nearly Sealed
Nowcasts Rising
Sep 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsHere’s a snapshot of nowcasts and forecasts as of today:Figure 1: GDP (bold black), Summary of Economic Projections median (inverted light green triangle), GDPNow as of 9/18 (light blue square), NY Fed nowcast as of 9/20 (red triangle), FT-Booth as of 9/14 (blue square), and August median SPF (tan), all in bn.Ch.2017$ SAAR. Levels calculated […]