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Asia Open: A Busy Week As The Fed Goes Dark
Article By:
Stephen Innes
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Sunday, April 21, 2024 9:36 PM EDT
As the Federal Reserve enters a self-imposed communications blackout ahead of the next policy gathering, many in the market find it a welcome relief from the constant barrage of hawkish rhetoric.
Gold Targets $3,000 Amid Geopolitical Tensions
Article By:
Muhammad Umair, PhD
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Sunday, April 21, 2024 2:40 PM EDT
Recent escalations in geopolitical tensions in the Middle East have spurred increased demand for gold as a haven asset. These tensions are impacting investor sentiment, and this is starting to reflect in the gold market’s price actions.
In this article: GLD
Things To Think About #1
Article By:
Claus Vistesen
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Sunday, April 21, 2024 11:00 AM EDT
Assuming for a moment, that central banks are able to make a transition towards either a 2% inflation target with wiggle-room, or a more implicit commitment to “low inflation” and “price stability” what will this look like?
People Who Rent Will Decide The 2024 Presidential Election
Article By:
Mish Shedlock
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Sunday, April 21, 2024 9:30 AM EDT
Immigration won’t decide the election. Polls have not yet captured what will. This may come as a surprise, but the top issue housing. More explicitly, it’s shelter costs.
Shipping Industry Pleads With UN For "Enhanced Military Presence" As Maritime Choke-Point Chaos Spreads
Article By:
Tyler Durden
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Sunday, April 21, 2024 7:14 AM EDT
One week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated.
Reform Is A Luxury Good
Article By:
Scott Sumner
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Sunday, April 21, 2024 6:26 AM EDT
Several decades of neoliberal economic reforms brought about the greatest global reduction in poverty ever achieved, by far. But success brings laziness, and many countries began to take their achievements for granted.
Weekly Commentary: World-Wide De-Risking/Deleveraging
Article By:
Doug Noland
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Sunday, April 21, 2024 4:32 AM EDT
Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same cannot be said for the beginning of WW2D (World-Wide De-Risking/Deleveraging).
Fed Panic Signal To Watch For
Article By:
readtheticker
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Sunday, April 21, 2024 3:40 AM EDT
The canary warning for a possible risk off market will come from higher unemployment, with a bond market sell off, followed by a significant FED rate cut.
USD/JPY Price Analysis: Consolidated Around 154.60 On Japanese Intervention Fears
Article By:
Christian Borjon Valencia
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Saturday, April 20, 2024 3:20 PM EDT
The USD/JPY currency pair consolidated at around the 154.60 area on Friday after diving to a four-day low of 153.59, courtesy of heightened geopolitical tensions spurred by the escalation of the Israel-Iran conflict.
Truflation Claims Inflation Is 2.06 Percent, Anyone Believe That?
Article By:
Mish Shedlock
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Saturday, April 20, 2024 11:38 AM EDT
Would you believe believe year-over year inflation is barely over two percent? That’s the Truflation claim as of April 17, 2024.
Market Correction & Powell's "Higher For Longer"
Article By:
Lance Roberts
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Saturday, April 20, 2024 11:13 AM EDT
While it took longer than expected, that correction process arrived last week and continued earnestly, with the market falling to the 100-DMA.
3 Signs Of Developing US Economic Slowdown
Article By:
ForexCycle
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Saturday, April 20, 2024 5:18 AM EDT
It’s all well and good to announce positive economic news. Yet, consumers of such news may not be getting the full story.
In this article: UUP
The Not So Impervious US Equity Market
Article By:
Stephen Innes
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Friday, April 19, 2024 8:55 PM EDT
The seemingly impervious US equity markets have reached their limit this month in terms of quickly absorbing both the repricing of rates and geopolitical tensions.
The IMF Warns About U.S. Budget Deficits
Article By:
Timothy Taylor
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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.
China Is Dumping U.S. Treasuries And Buying Gold
Article By:
Stefan Gleason
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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