Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Nov 28
Image Source: PixabayToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:46More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Australia: Current Low Inflation Likely To Unwind
Image Source: PixabayThe latest October monthly inflation figures for Australia delivered a 2.1%YoY inflation rate, lower than expected. But markets weren’t particularly moved by the numbers, focussing more on core rates and the prospects that some helpful factors may be about to sunset. There is some good news on inflation… At 2.1%YoY, the October headline inflation […]
3 Stocks Not Named Nvidia To Buy For AI Exposure
Photo by Mohamed Nohassi on UnsplashArtificial intelligence (AI) is Wall Street’s new obsession, with companies discussing the technology in a snowballing fashion and helping to keep market sentiment positive.The robust quarterly results we’ve received from NVIDIA over the last year have added further fuel to the fire, with the company flexing the scorching-hot demand it’s been witnessing regarding […]
Six Measures Of Core Instantaneous Inflation
Image Source: PixabayWith the core PCE deflator, we have these measures of what’s happening to core.Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), services supercore (light green), PPI core (red), and PCE core (green), per Eeckhout (2023), T=12, a=4. Source: BLS, BEA, Pawel Skrzypczynski, and author’s calculationsMore By This Author:Business Cycle Indicators For […]
Financial Markets Report For Wednesday, Nov 27
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 27.Video Length: 00:11:40More By This Author:Metal Markets Report For Tuesday, Nov 26Financial Markets Report For Tuesday, Nov 26Metal Markets Report For Monday, Nov 25
Hedging Existential Risk From AI And Other Calamities
Photo by Steve Johnson on UnsplashHow should you invest if you believe that artificial intelligence will trigger the collapse of human civilization? Some people have that fear. The optimists challenge the pessimists by asking if they are short the stock market. Tyler Cowen related a conversation in which the pessimists explained, “There is no way to short the apocalypse.”People often, […]
WTI Steadies Above $68.50 Amid Large Surprise Crude Draw
Image Source: Pixabay WTI price remains steady near $68.65 in Thursday’s early Asian session. Israel agreed to a ceasefire agreement with Lebanon’s Hezbollah militants, effective Wednesday. US crude stocks fell by 1.844 million barrels last week, according to the EIA. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.65 on Wednesday. The WTI […]
EUR/USD Gains Ground, But Recovery Remains Limited
Image Source: Pixabay EUR/USD bounced back toward the 1.0600 handle on Wednesday. Markets have stepped away from broad Greenback bidding pressure. Volumes and trading flows set to be crimped through the rest of the week. EUR/USD caught a broad-market bid on Wednesday, taking a new run at the 1.0600 handle during the midweek market session. Fiber’s […]
Gold Recovers, Boosted By Soft US Dollar After US Inflation Data
Image Source: Pixabay XAU/USD gains over 0.13% on Wednesday, rebounding from a weekly low of $2,605 due to a weaker US Dollar and declining US Treasury yields. US economic data show strength with the second GDP estimate for Q3 and strong labor market data. The core Personal Consumption Expenditures (PCE) Price Index aligns with expectations yet […]
Ares Commercial Real Estate: Problems Lurk For This 13.7% Yielder
We last looked at Ares Commercial Real Estate (Nasdaq: ACRE) nearly two years ago. At that time, its 12% dividend yield received an “A” rating for dividend safety.This was one of the rare times The Safety Net got an “A” rating wrong. But to be fair, the blame lies more with Ares Commercial Real Estate execution than with the […]
