Posts
Will Rate Cuts Matter?
I've been thinking over a lot of the pressure Jerome Powell's been getting to cut interest rates, and I've been wondering: If the federal reserve cuts its benchmark, is there anything really stopping bond buyers from refusing to buy at those rates and keeping yields where they are? Would we …
FTSE 100 Breaks Record with 15-Day Winning Streak Amid Trade War Tensions.
London's FTSE 100 index 🇬🇧 has increased more than 5% since the beginning of the year and increased by 1.25% on Friday. This is a 15-day consecutive increase, the longest increase in the history of this index in the context of the trade war.
i guess there's no recession
job report still good. earnings still good. guidance may be a bit grey but not too bad china and US seem to make progress on tariffs deal US and Ukraine making a deal i mean what could possibly make the market go down? at this pace Q2 ER won't be …
The market isn’t irrational
Remember DOGE? The hack and slash task force here to cut government jobs and waste? According to the US governments own data releases, they have been increasing government jobs, not cutting. +19k in March, +10k in April. Source: https://tradingeconomics.com/united-states/government-payrolls So no job cuts there. Very positive. The opposite of what …
Trump Administration Proposes Cutting $6 Billion From NASA’s Budget
President Donald Trump’s proposed budget for next year calls for sweeping cuts to many of NASA’s programs, including a plan to phase out the agency’s Boeing Co.-made moon rocket, reduce crews and operations on the International Space Station and gut science initiatives. Trump’s funding request would decrease NASA’s budget by …
Trump Touts Economic Wins and Presses Fed for Rate Cuts Amid Market Rebound.
The S&P 500 is now back to where it was before President Trump announced a massive round of tariffs on April 2, despite concerns about a prolonged trade war and a recession. After a better-than-expected April jobs report, President Trump is again calling on the Fed to lower interest rates. …
USA mortgage rates enter "treacherous" territory, highest end hits 7.18% - Americans to pay $11b more in interest from 2024 to bank lenders
An analysis done by Tomo mortgage looked at 1 million mortgage agreements in the US from 1000 different vendors. They found two things. Rates are increasing and Americans are set to pay much more in interest to credit unions, banks, and other lenders. And more interestingly, the disparity and gap …
Good morning and Happy Friday.
The S&P 500 is up 8 days in a row for the first time since after the yen carry trade weakness of August '24. Hasn't been up 9 in a row since November '04. Hasn't been up 10 in a row since Sept '95. Long way till the close (and …
Trump claims Gas prices have fallen below 2 dollars, official numbers suggest otherwise
Trump: "Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs. Just like I said, and we’re only in a TRANSITION STAGE, just getting started!!! Consumers have …
Why do people think this isn't a crash situation? It follows the same pattern as a crash.
Hypothetically, we should be going up over the next few weeks/months, which is what happened in 2008. If you throw SPY Sept 2007 to Sept 2009 bottom, on top of SPY Sept 2024 to Sept 2026, you get this: [https://imgur.com/a/GKshxa8](https://imgur.com/a/GKshxa8) You can see that even one of the worst crashes …