Hotter Than Expected Inflation Is Causing Rates To Soar
Dec 13, 2024Jeremy Parkinson0
Image source: Pixabay The market was essentially flat today, but that’s a distorted picture. Currently, this is the Bloomberg 500, which serves as a proxy for the S&P 500. When we break it down, Broadcom rose 24% today, adding almost nine points to the index. Without Broadcom’s big move, the equity market wouldn’t have performed nearly […]
Got Copper Or Miners? Watch Out.
Dec 13, 2024Jeremy Parkinson0
Copper, silver, and gold quite often move together, especially during the big moves.And this is currently very helpful.Given gold’s recent decline and a much bigger decline in silver and mining stocks, one might wonder whether miners’ and silver’s weakness are telling the truth about the precious metals market’s outlook, or if it’s gold that’s been […]
Solana Price On The Rise: Key Resistance At $235 Could Spark Major Breakout
Dec 13, 2024Jeremy Parkinson0
Image Source: Pexels Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226. Despite this recent dip, experts believe that a successful breach of the $235 resistance could signal a […]
Fed Interest Rate Cuts Are Hurting Long-Term Bonds And Mortgage Rates
Dec 13, 2024Jeremy Parkinson0
Data from US Treasury, Chart by MishYields through December 12 are end-of-day from the US Treasury. December 13 is a current real-time quote.Today, the yield on the 10-year note is up 8 basis points (0.08 percentage points). The yield on the 30-year long bond is up 7 basis points, and the yield on the 3-month […]
Dow, S&P 500 Fall For The Week; Nasdaq Rides Broadcom Wave
Dec 13, 2024Jeremy Parkinson0
Stocks were a mixed bag Friday. The Dow logged its seventh consecutive daily loss and a weekly drop, while the S&P 500 snapped a three-week winning streak. Elsewhere, the Nasdaq finished the week higher, the only index to do so thanks to Broadcom (AVGO) crossing the $1 trillion market cap.With inflation data in the rearview mirror, Wall […]
A “Spectacular Implosion” In Stocks Is Due Once The Euphoria Ends
Dec 13, 2024Jeremy Parkinson0
Image Source: Pexels As we prepare to enter a new year, there’s a revived optimism on Wall Street.Excited in part by the pro-business policies of the incoming Trump administration, stocks are back to trading at record highs and investor and business confidence is rising.But that said, the average American household is still struggling under a high […]
BTC Report: Institutional Interest Grows As Bitcoin Hits Yearly High Amid Market Shifts
Dec 13, 2024Jeremy Parkinson0
Image courtesy of 123rf.com Bitcoin (BTC), the leading cryptocurrency, continues to capture the attention of investors and analysts alike as its price hovers around the $100,000 mark. Recent market movements have shown steady but cautious optimism, with Bitcoin’s price experiencing a slight increase to $100,305.48. Despite the ongoing fluctuations, the cryptocurrency has reached new heights this […]
Trump’s Economic Policies: The Good, The Bad, And The Uncertain
Dec 13, 2024Jeremy Parkinson0
Image source: Pixabay The US economy is ultimately driven by millions of people working hard to create and trade goods and services, but the US federal government can impact the economy in three main ways: 2) fiscal and regulatory policy: impacts production and who benefits and loses; 2) foreign policy and war: impacts production, life, and […]
Leading Indicators: A Look At The FSWM Stimulus Index And Rebounding Sentiment
Dec 13, 2024Jeremy Parkinson0
Chris Puplava analyzes recent consumer and manufacturing data, highlighting a rise in consumer confidence and auto sales. Combined with insights from the Financial Sense Wealth Management Stimulus Index, this points to a potential manufacturing rebound through 2025, driven by lower energy costs and easing interest rates. Many of our previous guests have speculated on the […]
The U.S. Is Now On Track For A $3.5 Trillion Deficit In 2025
Dec 13, 2024Jeremy Parkinson0
Image Source: Pexels According to the latest monthly statement from the Treasury Department, the US government spent $668 billion in November, the second month of the 2025 fiscal year. That’s in addition to October’s spending total of $584 billion, for a total of $1.25 trillion in spending so far this year. All that spending is a drain on […]