China Stimulus Update: Debt Swap Program Underwhelms Investors What’s in China’s debt package? What are the potential market impacts? The bottom line
The last three months have seen bursts of excitement that the Chinese government was about to open the floodgates of stimulus, followed by disappointment as follow-on announcements have lacked detail on the actual scale of measures. The chart below shows this, with the MSCI China Index surging in late September on reports of more stimulus, before falling throughout […]
Silver Funds Add Over 100 Million Oz Since March
Image Source: Pixabay The Silver Institute put out an update on Tuesday where they increased the deficit they expect in the silver market in 2024.Which makes sense, as the silver funds have added over 100 million ounces of silver since March. Well ahead of the Silver Institutes projections from earlier this year.Video Length: 00:22:14More By This […]
Might The FOMC Spike The Ball Before The End Zone?
Image source: Pixabay This morning we received the latest report on inflation. In October, the Consumer Price Index (CPI) rose by 0.2% on a headline basis and 0.3% excluding food and energy. The readings were in-line with market consensus, but this was the third month in a row that the core rose by 0.3%. That annualizes […]
How Inflation Will Likely Play Out Under A 2nd Trump Term
Image courtesy of 123rf.com On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index (CPI) report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a monthly basis. Annually, the consumer prices for all items increased 2.6% vs 2.4% in September, which is in line with […]
Small Stocks Surging
Image Source: Pexels Small cap stocks are outperforming with post election strength.Video Length: 00:08:01More By This Author:Trump Tariffs And Global Trade Weekly Recap & DARP Update – Friday, Nov. 8 Kennedy Impacting Pharma Stocks
Cava Stock: What Could Drive Future Gains After A 300% Year-To-Date Rally?
Image Source: Pixabay Cava Group Inc (NYSE CAVA) chief executive Brett Schulman expects the company’s stock price to push further up as long as his team keeps its “head down and focus on the mission to bring heart, health, and humanity to food”.Shares of the Mediterranean fast-casual restaurant chain are already up 300% versus the start […]
Equity Exuberance And Fixed Income Foreshadowing
In the immediate aftermath of the 2024 presidential election, U.S. equities soared on Wednesday, November 6, with the S&P 500® up 3%, while small caps surged even higher, with the S&P SmallCap 600® up a substantial 6%. Subsequently, on Thursday, November 7, the much-anticipated Fed rate cut of 25 bps came to fruition. With two previously uncertain […]
CPI Rises 0.2 Percent But Another Hot Month For Shelter
Data from the BLS, Chart by Mish The BLS reports the Consumer Price Index rose 0.2 percent in October. CPI Month-Over-Month Details The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis. The index for shelter rose 0.4 percent. Rent of primary residence rose 0.3 percent and owners’ equivalent rent […]
Could This Really Indicate A Top For Stocks, Copper, And Gold?
We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook.Since yesterday’s comments on gold, silver, miners, and the USD Index remain up-to-date, today, I’ll focus on something else that might have a critical impact on […]
The Stock Market: Easy Version
Image Source: DepositPhotos The Stock Market: Easy Version The Narrative and Market Signals: BFF There are many factors to account for the sustained rise in US equities chief among them: · Rising corporate profits · Easy money Thus far, concerns about easy money and how it has been provided (activist US central bank, government fiscal spending) […]
