Moderated De-Rate
Oct 10, 2024
Jeremy Parkinson
Finance, No picture
Image Source: PexelsAs you all know, Powell made quite a scene with his 50 bps cut last month although, oddly, rates have been going UP lately, I suppose because of the fact that the U.S. will be healthy, prosperous, and able to pay back its debts with interest isn’t exactly something you can put in the […]
USD/CAD Extends Upside To Near 1.3750 Ahead Of US PPI, Canadian Job Report
Oct 10, 2024
Jeremy Parkinson
Finance
Photo by Michelle Spollen on Unsplash USD/CAD trades in positive territory for eight consecutive days near 1.3745 in Friday’s early Asian session. The US CPI inflation was hotter than expected in September; Jobless Claims jump to a year-high The Canadian Unemployment Rate is estimated to rise from 6.6% in August to 6.7% in September. The USD/CAD pair extends […]
Key Charts And Insights For Q4
Oct 10, 2024
Jeremy Parkinson
Finance
Image source: Pixabay Mish and Dave talk about next big trends to watch.Video Length: 00:28:28More By This Author:Key Index And Sectors Are Inside Last Week’s Range Massive Market Consolidation Turnaround Tuesday – Rocking October Volatility
Global Real Estate Bubble Risk In 2024
Oct 10, 2024
Jeremy Parkinson
Finance
In many major cities, real home prices have declined as high interest rates are dampening demand.Simultaneously, property markets are slowing due to tough financing conditions and rising construction costs. As a result, housing bubble risks have eased in cities like Hong Kong, London, and New York. However, strong demand in the luxury market and a […]
CPI And CPI Core Surprise On Upside
Oct 10, 2024
Jeremy Parkinson
Finance
CPI m/m at 0.1% vs. 0.1% consensus (Core 0.3% vs. 0.2% consensus). Here are snapshots of instantaneous inflation rates for September headline, core, supercore, and services supercore CPI, headline and core PPI and HICP and headline and core PCE deflator for August. Figure 1: Instantaneous inflation for CPI (bold blue), PCE deflator (green), PCE deflator – […]
Why Basic Materials Are The Smart Move Right Now
Oct 10, 2024
Jeremy Parkinson
Finance, No picture
↵Image Source: Unsplash Today’s CPI report came in a little higher than expected, which was enough to spook the bulls – and remind everyone that inflation is still a force for traders to reckon with. We’ll be reckoning with it again tomorrow morning when PPI is released ahead of the cash open.So long as inflation is […]
Silver’s Potential Amid Economic Shifts
Oct 10, 2024
Jeremy Parkinson
Finance
Image Source: Pixabay In this week’s Money Metals Midweek Memo, host Mike Maharrey provides insightful commentary on the state of precious metals, the economy, and the importance of sound money in times of uncertainty. As a hurricane threatens his Florida home, Mike emphasizes the critical need for physical money during natural disasters when power and internet access […]
Stocks And Precious Metals Charts – A Minsky Moment
Oct 10, 2024
Jeremy Parkinson
Finance
Stocks wobbled but did not fold today, posting a small loss.Gold and silver rallied strongly from a short term oversold condition. Gold bounced off its 50% Fibonacci retracement for this recent chart movement.Let’s see if they can continue to build on this, or if they will go back down to retest support.VIX wallowed.Something wicked this way […]
Traders Much Less Enthusiastic Now Versus 2021
Oct 10, 2024
Jeremy Parkinson
Finance
This week we got an update from the Schwab Trading Activity Index, also called the STAX. We initially covered this data in Tuesday’s Closer for subscribers, but we also wanted to highlight it here on Think BIG. Whereas most investor sentiment readings like the AAII survey directly ask investors how they feel about the market, indicators like the STAX are […]
Mainstream Financial Plan: Double Or Nothin’
Oct 10, 2024
Jeremy Parkinson
Finance
This morning, US data showed a larger-than-expected increase in people applying for jobless benefits—258k for the week of October 5, versus 230k expected—a 14-month high.There was also a .2% month-over-month increase in headline CPI, double the .1% expected by the consensus. Fewer jobs and a higher cost of living remain an increasing challenge for households […]