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?”
September 30, 2019 * Currencies and Gold get sold in the overnight markets * Will the Administration put a choke hold on Capital Flows to China? Good Day…. And a Marvelous Monday to you… A Monday that brings us the new Central Division Champions in the NL this year…. My beloved St. Louis Cardinals… They … Continue reading “U.S. Data Prints Bad… Dollar Rallies… What Gives?”
September 26, 2019 * The dollar climbs back into the lead chair… * Draghi to give farewell speech… One more chance to diss the euro! Good Day… And a Tub Thumpin’ Thursday to you! I did a 180 yesterday, and came back around to feeling human again… And just in time for the weekend, YAHOO! … Continue reading “Fed Head Brainard Says, “It’s Just A Simple Imbalance”…”