Rocktober 21, 2019 * No ironed out BREXIT Deal yet, but sterling keeps rallying! * Have traders decided to sell dollars outright? Good Day… And a Marvelous Monday to you! Oh, woe is me… What a horrible weekend, sports wise, for me this past weekend… Both my Missouri Tigers and St. Louis Blues lost on … Continue reading “Negative Data Prints Sends The Dollar To The Woodshed…”
Rocktober 16, 2019 * Dollar gets sold, currencies rally… * There’s a BREXIT deal on the table! Good Day… And a Tub Thumpin’ Thursday to you! Congratulations to the Washington Nationals, who will play in their very first World Series… They swept my Cardinals on Tuesday night, and ran them out of the stadium… It … Continue reading “Is the Fed Lying to us, or… Just being Disingenuous?”
Rocktober 15, 2019 * All the euphoria on Friday, turns to gloom on Monday! * If it quacks like QE, walks like QE, and talks like QE, well…. Good Day… And a Tom Terrific Tuesday to you! Another beautiful fall day here yesterday… I’ve always contended that autumn was the best weather we experience here … Continue reading “China Says, “Not So Fast Tim!” To The Tentative Agreement…”
Rocktober 14, 2019 * Currencies fight back to gain VS the dollar… * Gold takes a spin on Mr. Toad’s Wild Ride… Good day… And a Marvelous Monday to you! Today is a holiday for a lot of the U.S. as we celebrate Columbus’s discovery of the West Indies… (SIC) So, this will be shorter … Continue reading “A Trade War “Tentative Agreement”!”
Rocktober 9, 2019 * Currencies remain in tight ranges once again… * More talk about Repos and interest rates… Good Day… And a Wonderful Wednesday to you… Well, they finally got around to shipping me my new meds for treating my leg wound yesterday… I had lost patience waiting, and called to check on it, … Continue reading “Markets Are Finding Out That Deficits Do Matter!”
Rocktober 8, 2019 * Currencies trade in tight ranges on Monday… * Fed keeps pumping Billions into the repo market… Good Day… And a Tom Terrific Tuesday to one and all! I’m a little giddy today, because my beloved Cardinals came back late, tied the game and then won it in the 10th, with a … Continue reading “Hello, Angela? This is Boris… And We Have No Deal!”
Rocktober 7, 2019 * Currencies try to rally but it gets stalled out! * Chuck takes issue with elected officials, so what else is new? Good Day… And a Marvelous Monday to you! A good weekend for yours truly, event wise, unfortunately though, not so good for my beloved Cardinals, who are down to the … Continue reading “U.S. Jobs Jamboree Disappoints, But The Markets Don’t Care….”
Rocktober 2, 2019 *dollar gets sold, gold gains, bonds rally… * RBA cuts rate below 1% for first time in history! Good Day… And a Wonderful Wednesday to you! I would bet that the good money was on the Washington Nationals last night to win the wild card game… And they would be out a … Continue reading “The Markets Get A Glimpse Of The Recession Train…”
Rocktober 1, 2019 * Currencies get sold again in the overnight markets… * Apparently Investors don’t really like negative yielding bonds! Good Day… And a Tom Terrific Tuesday to you! And welcome to Rocktober! No baseball for me last night, so I read, but not research stuff, I’m currently in the middle of the … Continue reading “Is China’s Golden Week To Blame For The Gold Selling?”