A common theme in my work over my career is that American living standards are better than they’ve ever been, and people don’t seem to know it.

Both gold and silver prices fell lower on Tuesday. The gold futures declined $28 to $3,330.

Stocks did a fairly impressive 'pop and flop' today,' as the rally lost steam at new highs and then properly folded like a house of cards, finishing unchanged or in the red.

Inflation-adjusted wages fell in June. A decline in hours worked makes it worse.

It was the first real bearish day in a while, but one bearish day is not something to get too concerned with. For the Russell 2000 there was a sizable bearish engulfing pattern at overbought momentum.

Stocks finished mostly lower today, and it could have been far worse if not for Nvidia. The S&P 500 declined by 40 bps, while the equal-weight RSP fell sharply by 1.4%.

The USD/CAD pair trades with mild losses near 1.3720 during the early Asian session on Wednesday.

GBP/USD shed weight for the eighth straight session on Tuesday.

Gold price tumbled on Tuesday, down more than 0.40% following the release of the latest inflation report in the United States (US), which boosted the US Dollar to the detriment of the precious metal.

This is, after all, a forward-looking machine—part seismograph, part crystal ball. Markets don’t wait for inflation to show up in full regalia; they react to the rustle of its cape.

Brazil has opened a 3.5% buffer, which can expand to 5% should the Fed cut. That paves the way for 200bp of cuts, but that can be under or over shot depending on how the fiscal deficit is dealt with. 

Cardinal Energy’s combination of an above-average dividend yield and a monthly dividend makes it an attractive option for individual investors. But there’s more to the company than just these factors.

All-time highs occur during bull markets, so it makes sense that stocks continue to rise after a new high. Bull markets don’t last indefinitely, of course, but they can last a while – often longer than anyone expects.

UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%.

Month-over-month and year-over-year the CPI rose 0.3 percent.

NVDA is at $171.30, up over 4.5% today. Trump OK'd an export license to sell its powerful H20 AI chips to China after Nvidia's CEO, Jensen Huang, met with President Trump.

Nvidia receives approval from the Trump administration to sell its advanced H20 computer chips used to develop artificial intelligence to China.

Cotton was a little higher yesterday as futures continue to slowly rally despite export hopes that remain less and as growing conditions are generally good.

A slightly softer-than-expected June core inflation reading keeps alive the chances of a September Federal Reserve interest rate cut, but the risk is that we get less benign prints for July and August.

US CPI hits 2.7% YoY, reinforcing Fed's hawkish stance amid inflation concerns.