Gold to benefit from Uncertainty thanks to Twitter and UK elections
Gold hits five-week highGold to benefit from Uncertainty thanks to Twitter and UK electionsReaches $1,273.74/oz, highest since April 25thSterling recovers after UK polls point towards a hung...
View ArticleWhy trusting in the bigger picture gives you trust in gold
Trump pulls out of Paris Climate AccordWhy trusting in the bigger picture gives you trust in goldGold pauses ahead of non-farm payrolls dataIn Gold We Trust 2017 releasedReports on the ‘Everything...
View ArticleBond Rout Fades With Futures Flat Ahead Of Payrolls; Pound, Yen, Oil Tumble
S&P futures are little changed following yesterday's rout even as Asian and European markets continued selling; the pound slid on poor factory data, the yen tumbled after the BOJ intervened to...
View ArticleIn Fiscal Dire Straits, Connecticut Showers State Disability Workers With...
Judging by muni spreads, Illinois is widely considered the most financially troubled state in the country. However, preppy Connecticut, which has the highest per-capita income in the country and whose...
View ArticleFutures Flat As Payrolls Loom, Dollar Slide Continues
It took stocks only a few minute to "price in" the latest political shock out of Washington, and as of this morning Emini futures no longer care that Mueller has a grand jury, trading 0.08% in the...
View ArticleAugust Payrolls Preview: Prepare For Disappointment
If there is one common theme across sellside previews of tomorrow's nonfarm payrolls number, expected at 180K after a surprising jump to 209K in July, it is to brace for disappointment, or in Wall...
View ArticleWhy it's nearly impossible to trade Currencies with success
(Elite E Services) — 9/1/2017 — As we have explained in our book Splitting Pennies – trading FX is nearly impossible; or at least, it may be possible for some time, but in the long run, it’s a near...
View ArticlePreviewing The September "Hurricane-Disrupted" Jobs Report
Tomorrow's hurricane-affected September jobs report will be... confusing. That is the (lack of) consensus from Wall Street analysts, who expect an average print of 80,000 (down from the 3-month average...
View ArticleJobs Report Preview: Here's What Wall Street Expects
What a difference a year makes: last December, just as the ECB was about to shock the market with the announcement of its first €20 billion QE tapering, macroeconomic data mattered, especially since...
View ArticleStockman Slams "Bubble Finance And The Era of No-See-Um Recessions"
Authored by David Stockman via Contra Corner blog,Today's single most dangerous Wall Street meme is that there is no risk of a stock market crash because there is no recession in sight. But that...
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