It was another volatile day for the November natural gas contract, as after a cash-led rally each of the first three days of the week we saw the combination of pipeline approvals and a larger storage build as announced by
October 4, 2018
U.S. Trade Representative Robert Lighthizer thinks we have a “Paradigm-Shifting” model. The notion is laughable. The Wall Street Journal reports Trump Aims to Model New Trade Deals on Revised Nafta. U.S. Trade Representative Robert Lighthizer called the new North American trade
Having broken above its multi-decade trendline, 30Y Yields are starting to levitate faster than even the equity markets can handle… Following this week’s bond-market rout, DoubleLine’s Jeff Gundlach noted that the 30 Year Treasury yield “has broken above its multi-year base”
A good prosecutor aims to interrogate the witness with the goal of finding a hole in the story, by asking the same question in many different ways, until he gets a different story. This is what the market does daily, asking
The Fed was blamed for stopping yesterday’s US rally in equities and has had a similar effect in Asia. Jerome Powell commented that they are a long way from neutral and that hit the long end of the Treasury curve.
We regularly get questions from readers, as well as from viewers of our monthly webinars. Here are some recent ones. Question: “With crypto markets selling off recently, are you still bullish on blockchain?” Answer: The short answer is, Yes. But
Federal Reserve Chair Jerome Powell thinks the economy is awesome. And he has no problem telling us so. What Powell will never discuss, however, is the “way-too-low-for-way-too-long” stimulus that the central bank engaged in to get here. In particular, the Fed
Jay Powell is on the warpath, he thinks. Some aren’t so sure, though. At his last press conference, the one held on September 26 after the last “rate hike”, someone in the media actually asked him about the impact of
Data Courtesy of Trade Alert
China remains closed for Golden Week, but Offshore Yuan broke significant support and is pushing back down to its cycle lows… And Gold in Yuan bounced back to its relatively stable levels… We warned yesterday (courtesy of Bloomberg’s Cameron Crise)
