Crypto Market Outlook: VanEck Issues 10 Predictions, Including Bitcoin Nearing $200,000
Image Source: Pexels As speculation swirls around the future trajectory of Bitcoin (BTC) and the broader cryptocurrency market, asset management firm VanEck has released a set of predictions that bolster optimism for continued upward momentum. VanEck Forecasts Bitcoin Soaring To $180,000 VanEck predicts that the crypto bull market will reach a “medium-term peak” in the first quarter of […]
The Fed Could Be Creating A Disaster For The Market
Image source: Pixabay This week, the 10-year Treasury rate surged by 24 basis points, marking one of the largest one-week gains in over a decade. This development comes just a week before the Federal Reserve is expected to cut interest rates by 25 basis points. Currently, the market assigns a 94% probability that the Fed will […]
Federal Reserve Poised For Third Consecutive Rate Cut Amid Persistent Inflation And Robust Economic Growth
DepositPhotos A 25bps rate cut appears nearly certain for the December 18 meeting, marking the Fed’s third consecutive reduction. Markets have already priced this in, shifting attention to the Fed’s forward guidance for 2025. The rise in inflation to 2.7% in November suggests ongoing inflationary pressures, keeping the Fed vigilant despite the easing cycle. Policymakers will likely communicate caution in […]
Biden And Trump Are Both Wrong On US Steel Nippon Merger
President Biden will block the merger of US Steel (X) and Nippon based on alleged national security risks. It’s really the opposite. Image courtesy of the Pittsburgh Post-Gazette US Steel Drops as Biden Set to Block Nippon Steel DealOn December 10, Bloomberg reported US Steel Drops as Biden Set to Block Nippon Steel Deal President […]
Why Trump’s America First Doesn’t Require A $1 Trillion National Security Budget
If Donald Trump’s “America First” focused foreign policy means anything at all, it’s that the current $1 trillion national security budget is double the size that a muscular homeland defense shield actually requires. Indeed, it is no exaggeration to say that in relentless pursuit of its own self-serving aggrandizement, the military/industrial/intelligence complex has massively inflated […]
Northvolt’s Failure: A Wake-Up Call For Green Policy In Europe And The U.S.
A recent Financial Times article highlighted the challenges faced by Northvolt, once considered Europe’s flagship battery manufacturing startup, and underscores broader concerns about the green industrial transition in Europe. However, those same lessons are applicable for the U.S. as it seeks to compete in a space dominated by China. Systemic Challenges in Green Transition Northvolt’s […]
Weekly Commentary: Monitoring For Peak Bubble Excess – Q3 2024 Z.1
Image Source: DepositPhotos Non-Financial Debt (NFD) expanded at a seasonally adjusted and annualized rate (SAAR) of $3.642 TN, up from Q2’s SAAR $3.471 TN for the strongest expansion in a year. For perspective, NFD expanded $2.534 TN in 2007 – an annual record that held all the way to pandemic 2020’s historic $6.797 TN. Treasury […]
The Real Purpose Of Government
In the logic of democracy (combined with the magic of a fake currency) political parties compete for power by promising voters more of other peoples’ money. It leads them into debt and inflation. The larger the size of the state, the more freedom and property are curtailed. Javier Milei Image Source: DepositPhotos Why […]
Invesco Launches New Climate ETF With Record-Breaking $2.4 Billion Investment
Global asset manager Invesco announced the launch of the Invesco MSCI North America Climate ETF (KLMN), a new exchange traded fund aimed at helping investors to reduce exposure to greenhouse gas emissions and gain exposure to companies with science-based emissions reduction targets.The new ETF is being launched with a $2.4 billion investment by Finnish pension insurer, Varma, […]
CoT And The Future Thru Futures: What We’re Gleaning From The Latest Report
Following futures positions of non-commercials are as of December 10, 2024.10-year note: Currently net short 875.7k, down 16.2k.The futures market is now factoring in a 96-percent chance of a 25-basis-point reduction when the FOMC meets next week. In recent days, various FOMC members too have telegraphed that they are comfortable with a cut in the year’s […]
