July 3, 2018 * Currencies hit a roadblock yesterday… * It’s Our Independence Day Tomorrow! Good Day… And a Tom Terrific Tuesday to you! Are you staying cool? Because it’s going to be a hot one here for the 4th of July Independence day Holiday. I’m going to put something in the Big Green … Continue reading “The Tariffs Begin To Show Up In The Data…”
July 2, 2018 * Currencies continued to rebound on Friday * The price of Oil jumps higher, but Gold remains without a bid… Good Day… And a Marvelous Monday to you! And welcome to July! It’s Pfennig tradition that we being July like this: There I was on a July Morning, I … Continue reading “Asia Works Toward A Way Around Tariffs…”
June 28, 2018 * Currencies stop spinning and go into reverse! *it’s Alex’s Birthday! Good Day… And a Tub Thumpin’ Thursday to you! Today is my youngest son Alex’s birthday… So Happy Birthday, front and center this morning to the young man that 20 years ago, used to sit on my lap, during … Continue reading “The Canary In The Coal Mine… Emerging Markets”
June 27, 2018 * Currencies spin their wheels yesterday, but get sold overnight * Gold gets whacked again… But Oil jumps higher! Good Day… And a Wonderful Wednesday to you! Crazy weather day yesterday, with wild storms in the early morning, sun and warm weather midday, and then followed by wild storms again to end … Continue reading “China & The U.S. Rethink Their Heated Exchange Of Words!”
June 26, 2018 * Currencies rally, then fall back… * More warnings that a recession in near… Good Day… And a Tom Terrific Tuesday to you! How was your World Beatles Day? Mine was fine… not much going on, lots of reading. Had a nice phone conversation with good friend, Dennis Miller, who told … Continue reading “On Second Thought, Maybe A Trade War Isn’t A Good Idea!”
June 25, 2018 * Currencies rally on the Trade War news… * David Rosenberg visits the Pfennig again! Good Day, and a Marvelous Monday to you! Well, my oncologist gave me a high 5 last Thursday, and lowered the dosage on my chemo… It’s a start to being chemo free… At least that’s my hope! … Continue reading “Trade War Drums Beat Louder, and Louder!”
June 20, 2018 * The euro attempts to rebound, but is pulled back down * David Rosenberg on this Wonderful Wednesday! Good Day… And a Wonderful Wednesday to you! Another day of extreme heat in my area yesterday. I hear we are supposed to be receiving a break in this heat streak, but I … Continue reading “Russia Dumps 1/2 Of Their Treasury Holdings…”
June 19, 2018 * Euro gets thrown under the bus again by Draghi * Anything you can do, I can do better! Good Day… And a Tom Terrific Tuesday to you! It’s not quite a Tom Terrific Tuesday for the currencies, as they’ve been sold in the overnight markets. The Cardinals come back late, but … Continue reading “Mom, He’s Doing It Again!”
June 18, 2018 * Euro has biggest one day drop! * Gold gets whacked by $23 drop! Good Day, and a Marvelous Monday to you! I sure hope that all the “dads” had a fantastico Father’s Day yesterday… I know I did… It sure was hot here though… 98 degrees and the humidity was tough! … Continue reading “The Real Trade War Begins!”