Authord by Lance Roberts via RealInvestmentAdvice.com,
On election night, my friend Jessica and I were standing in the studios of Fox News in Houston as the ready to provide “color commentary” as the Presidential election proceeded. The newsroom was highly electric with reporters rushing back and forth grabbing the latest data as it poured in.
Yeah, this happened...
And so did this...
So this...
April was a volatile month in markets - bonds, bullion, and stocks higher; crude, copper, and base commodities all tumbled
Via Birch Gold Group,
Earlier this month, Richmond Fed President Jeffrey Lacker was forced to resign after admitting that he leaked confidential information to the financial press. And Fed Vice Chairman Stanley Fischer just gave a closed-door meeting to high level industry insiders.
Are Fed officials brokering info under the table? If so, what does that mean for Americans?
Accidentally On Purpose
With global equity markets enjoying the biggest weekly inflow since the election on what BofA described was rising expectations of a Trump tax deal, the obvious question is "what is the probability of the Trump tax deal getting done." And, as it turns out, that is also the wrong question, because as Morgan Stanley shows, the outcome from Trump's tax proposal is not binary. In fact, there are nine distinct possible results, depending on how the various binomial outcomes pan out.
Authored by Bryce Coward via Gavekal Capital blog,
Since the beginning of 2017, the US dollar has struggled against nearly every major currency, calling into question the idea that the US dollar is still in a bull market. Indeed, since the dollar made its cyclical high on the first day of 2017 trading, it has put in a series of lower highs and lower lows no matter how you measure it (chart 1).