Blogs

<ul><li>Fed's can cut rates when confident inflation moving to 2%</li><li>Fed will need restrictive policy stance for some time</li><li>Outlook still uncertain, rate decision to be made meeting-by-meeting</li><li>Rare decisions will be driven by totality of data</li><li>Risks to econo

<p>The price of crude oil futures is settling at $71.37. That is day $0.87 or -1.20%.</p><p>The low price for the day reached $71.01. The high price was at $73.59.</p><p>The weekly EIA inventory data showed larger-than-expected builds in crude, gasoline, and distillates. That helped to push the price lower and in doing

<p>A twitter user <a href="https://twitter.com/sadvalueinvestr/status/1744813824656511401" target="_blank" rel="nofollow">posted </a>returns for some big hedge funds in 2023 and once again only about 20% of them outperformed the 24% gain in the S&amp;P 500 (congrats to Light Street and Whale Rock,

<p>There was a lively debate yesterday about whether the tweet was sent in error, pulled from the drafts or created by a hacker. The early communications from the SEC left that open to interpretation but now they're explicitly saying the tweets were NOT 'drafted or created' by the SEC.</p><p>They're still inves

<p>The major stock indices are trained to new session highs. In the process, the S&amp;P index is now within about 12- 13 points of its all-time high closing level of 4796.57. The high-priced just reached 4784.73. The high-priced reached near the end of December reached 4793 close to that all-time high, but the price backed […]

<p>It has been a barren week on the economic data calendar to this point but it picks up on Thursday with the release of the US consumer price index report for December.</p><p>In my view, the market has largely moved on from the inflation debate and it's increasingly clear that we're back in a 2010s style […]

<ul><li>A "quality escape" allowed the unsafe 737 Max -9 plane to fly</li><li>This issue is specific to the 737 max 9. We don't do this on any other plane. </li><li>Was devastated and emotional when I first saw the images of the Alaska Air incident</li><li>Company is now in a moment whe

<p>All signs continue to point to an imminent approval of a bitcoin ETF.</p><p>The latest is that Fidelity's trading app shows tickers for the prospective spot ETFs, though they're not yet available to trade. </p><p>Other reports are highlighting a Cboe filing that says it's approved the application for

<ul><li>High-yield 4.024%</li><li>WI 4.019%</li><li>Tail of 0.5 basis points versus 6-month average of 0.8%</li><li>Bid to cover 2.56X versus 6-month average of 2.51X</li><li>Dealers 15.15% vs 6-month average of 14.5%</li><li>Directs 18.74% versus six month average of 18.8%<

<p>The USDCAD has chopped lower in trading today. The move to the downside comes after yesterday's run higher stall against the holy of a swing area between 1.3397 and 1.34144. </p><p>However, today's low found the support buyers against its rising 100-hour moving average. That moving average comes in at 1.3367.</p>