Instantaneous PCE Core Inflation At 2.6%
Core PCE now-cast hit 2.9%, showing inflation remains sticky and above target, adding uncertainty to Fed rate-cut expectations.
Ratio Charts Review
Ratio charts reveal metals surging, equities weakening, and valuations stretched. Gold, silver, and palladium lead as stock indexes look fragile.
Gold Sinks Slightly As Silver Skirts Sixty
Silver’s explosive rally pushes the Gold/Silver ratio near its long-term mean as traders debate whether the white metal’s run is over. Gold wavers ahead of the Fed decision, with markets watching for a rate cut that could propel both metals higher.
Nouriel Roubini's ETF Is Doing Well
A look at USAF: an all-weather ETF using gold, T-bills, options, and defense exposure to mimic AGG without the rate sensitivity.
Week Ahead: Fed To Cut But RBA, SNB, And Bank of Canada Set To Hold, And Market Thinks They Are Done
Lucky Or Good: 2 Month Netflix Short
Let's see how Netflix’s failed bounces, bearish weekly structure, and a new $83B Warner Brothers acquisition pushed the stock straight into key monthly support, while Spotify mirrors the same weakness with a target near its 100-week level.
