Article By:
Sheraz Mian
Friday, April 19, 2024 6:43 PM EDT
The hope appears to be that robust results from the Mag 7 companies reporting this week will help restore confidence in the market’s fundamental underpinnings and offset some of the Fed-centric worries.
In this article: MSFT, TSLA, XLK, META, GOOGL
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Article By:
Timothy Taylor
Friday, April 19, 2024 5:59 PM EDT
When the pandemic hit, deficits go up everywhere, but among high-income countries are largest in the U.S.
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Article By:
Stefan Gleason
Friday, April 19, 2024 5:20 PM EDT
China offloaded another $22.7 billion in U.S. Treasuries in February, according to the latest data from the Federal Reserve. That dropped its total holdings to $775 billion.
In this article: GLD
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Article By:
Mish Shedlock
Friday, April 19, 2024 4:59 PM EDT
Let’s go over the rate cut possibilities and the market expectations. Importantly, who is to blame for wildly wrong rate cut projections?
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Article By:
Tyler Durden
Friday, April 19, 2024 4:30 PM EDT
The latest data from the futures market shows that cocoa prices in New York surged above the $12,000 per ton level today as the pace of processing in factories remains robust.
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Article By:
SchiffGold
Friday, April 19, 2024 4:21 PM EDT
With the AI boom and green energy push fueling fresh copper demand, and with copper mines aging and not enough projects to match demand with supply, the forecasted copper shortage has finally arrived in earnest.
In this article: COPX
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The transition to a new Green Economy is not progressing as well as hoped. Green energy planners have missed the point that our physics-based economy favors low-cost producers.
Fiscal dominance, whereby the Federal Reserve must help the Treasury fund their debts at reasonable costs, is upon us.
The S&P’s 20-day average is still comfortably above its 50- and 100-day counterparts.
Put/Call ratio moves into extremes, which can be supportive for the stocks like in the past cycles.
WH Group Ltd is a holding company and the world’s largest vertically integrated producer of pork and related packaged meat products. Over the past year, WH Group’s share price rose about 21% from $11.46 to $13.88 as of Thursday’s market close.
The halving of Bitcoin mining rewards is set to happen this Saturday. Such action has been associated with heightened investor interest and major price increases.
A heavy tape was interrupted by a modestly soft 'Beige Book', but the latest threats from Iran suppressed that, which implies the Fed has reason to be nervous.
