Sentiment Extremes
We appear to be at/near peak optimism about the US stock market and the US dollar, peak pessimism about the US T-Bond market, and peaks in the expected effects of Trump’s policies on US economic growth and inflation.
Why Deflation Is Good For The Economy
Contrary to the popular view, deflation is good for the economy. Thus, when prices are declining in response to the expansion of wealth, this means that individuals’ living standards are rising.
Financial Markets Report For Tuesday, Jan 7
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, January 7.
Meta Ends Fact-Checking Efforts As It Aligns With Incoming Trump Administration
META, the tech giant behind Facebook, Instagram, and Threads, announced a seismic shift in its content moderation policies on Tuesday.
Invest Like A Man
Young men are increasingly being economically marginalized. The percentage of men aged 25 to 34 who are not in the labor force is nearly double what it was in 2000.
USD/CAD Holds Positive Ground Above 1.4350 On Bullish US Dollar, FOMC Minutes In Focus
The USD/CAD pair posts modest gains near 1.4360 during the early Asian session on Wednesday.
Rates And Inflation Swaps Surge As Stocks Tumble On Hot Economic Data
There’s a lot to discuss today, with markets moving quite violently in all directions—it’s hard to know where to begin—the economic data triggered much of today’s movement.
Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Jan 7
Today, I updated the EW labeling in both markets and the Preferred and Alternate counts in both the ES and NQ.
EUR/USD Flubs Key Technical Levels And Backslides Once Again
EUR/USD turned tail and swooned against the Greenback on Tuesday, shedding four-tenths of one percent after a failed recovery of the 1.0400 handle fizzled out completely.
Gold Surge Stalls After JOLTs Data, FOMC Minutes Awaited
Gold price advanced late in the North American session on Tuesday yet retreated from daily highs on solid United States (US) economic data and US President-elect Donald Trump’s press conference remarks.