June 11, 2017 * A tourniquet was wrapped around the bleeding currencies yesterday * What’s up with the rising 10-year Treasury yield? Good Day… And a Tom Terrific Tuesday to you! I had a dear reader send me a note last week that was dripping with sarcasm… he said, “I just heard that Tom Brady … Continue reading “Well, Is There A Meeting At G-20, Or Not?”
June 10, 2019 * Currencies and metals rally on Friday… * But then get turned around on the Mexico Trade deal announcement… Good Day… And a Marvelous Monday to you! Well, we had the opportunity last night to put the finishing touches on the Stanley Cup Finals… But it was not to be… I say … Continue reading “Come On BLS Can’t You Give Us The Real Jobs Numbers?”
June 6, 2019 * The dollar bugs fought back on Wednesday… * ECB meets today.. Will they see the writing on the wall? Good Day… And a Tub Thumpin’ Thursday to you! It’s also D-Day… Yes, on June 6, 1944, the largest seaborne operation was put into place on the beaches of France… If you’ve … Continue reading “RBA Cuts Rates For The First Time In 3 years!”
June 5, 2019 * Currencies and metals take a pause for the cause Tues. * Jeopardy James, loses!!!! How’d that happen? Good Day… And a Wonderful Wednesday to you! A day of catching breaths was the order of the day on our Tom Terrific Tuesday… The Blues had won on Monday night, so all the … Continue reading “Venezuela Defaults on Swap With Deutsche Bank…”
June 4, 2019 * Currencies and metals continue to move higher VS the dollar * A hedge fund refuses redemptions… Got Gold? Good day… and a Tom Terrific Tuesday to you! Another beautiful day here yesterday, too bad they weren’t playing baseball here last night! For tonight the weather people say that we’ll see T-Storms … Continue reading “Bullard’s Comments Sends The Dollar To The Woodshed!”
June 3, 2019 * FSOC meeting spooks the markets and sends the dollar reeling… * An addition Trade War begins with Mexico… Good Day… And a Marvelous Monday to you! And Welcome to June! Pfennig Tradition calls for: June is busting out all over, all over the meadow and the fields…. Wow! What a … Continue reading “Dollar Bugs Head For Cover!”
May 31, 2019 * Dollar bugs bask in the sunlight of a flight to safety… * German Unemployment rises in May for first time since 2013… Good Day… And a Tub Thumpin’ Thursday to you! Our Blues evened the best of 7 series known as the Stanley Cup Finals last night… YAHOO! An overtime … Continue reading “China To Suspend Rare Earth Minerals To The U.S…..”
May 29, 2019 * The dollar recovers its losses from Friday… * Midwest rains are cause for concern… Good Day… And a Wonderful Wednesday to you! Our Blues get back on the ice tonight in Boston, and try to tie up the best of seven series that is the Stanley Cup Finals… I misspoke yesterday … Continue reading “JPMorgan Says U.S. Economy Is Deteriorating…”
May 28, 2019 * Currencies rebound on Friday, but give back some gains yesterday! * Durable and Capital Good Orders both print negative in April… Good Day… And a Tom Terrific Tuesday to you! I hope you all had a wonderful weekend, that ended yesterday with our Memorial Day… Andrew, Rachel and Braden spent the … Continue reading “Cold Hard Facts Of The Problems With A Trade War…”