Buy High, and Hope to God it Goes Higher
Just as the supply chain fiasco that has developed over the past year hit commodities, the metals market is virtually no different. Although, as Goldman has alluded to, prices of … Read More
As the algos were awaiting a lower PCE print to send markets trending higher this week, PCE came in as expected, both on a MoM (0.2%) & YoY (4.9%) basis. … Read More
With mortgage rates going absolutely nuclear in an absolute cry for help, that hasn’t stopped home prices from reaching astronomical highs. The median sale price for existing homes reached $391,200 … Read More
Despite a rather “robust” (jury is still out) labor market, the likes of the tech sector have certainly seen better days. Over the past few weeks, tech companies have been … Read More
A U.S. investing division of Allianz SE pleaded guilty to securities fraud, and as a result agreed to pay $6 Billion in restitution and penalties to investors who were unfortunate … Read More
What once was a flourishing and thriving credit market, Asia’s junk-bond market debt issuance has slowed to a grindings halt, thanks specifically to defaults en masse from Chinese property developers. … Read More
Although U.S. inflation closed at its fastest rise in four decades, we are in the beginning of stages of a downward trend. The Labor Department reported Wednesday that inflation had … Read More
TerraUSD, a “stablecoin” with its value pegged (ha ha) to that of the U.S. dollar, is trading in uncharted territory. Stablecoins are meant to trade relative to the U.S. dollar, … Read More
In one of the most epic bull runs in the history of the universe, the housing market is finally giving credence to the age old adage of “what goes up, … Read More
In their efforts to curb their reliance on Russian energy, Europe is absolutely loading up on non-Russian oil & natural gas ahead of tighter sanctions they will impose upon the … Read More
