A partial digest — Many markets did not fare well this past week, the DOW and gold in particular. Premature bets continued to be placed, which is to say that many people, traders, investors, however we refer to them, have been gambling, far and wide. …

A partial digest — Which market didn’t seem to care about the big bad “inflation” wolf? US Treasuries. Yields have been falling as if because of the latest CPI data, 5% YoY. In turn, the NASDAQ and similar gained for the week ending June 11, while gold fell. It is possible that, (gasp!), the…

A partial digest — All assets reacted to the jobs data at the end of the week and what it says about economic support and any recovery. The health of the labor market, as discussed here week after week, is central to all else. …

A partial digest — Quick wrap for the week ending May 28: Yields finished slightly down after a volatile week. The DXY was flat. Oil rose. CALL: No change; near to semi-intermediate term, prices could rise further given supply shocks, OPEC+ micromanagement, inflation expectations, "recovery," and more fiscal spending, among other things. …

A partial digest — The crypto market imploded, then imploded again in spectacular fashion. At one point, more than $1 trillion market cap had vaporized. The hits just kept on coming. If buying the dips, extreme caution is advised. The space is facing multiple headwinds, including the investigation of the Binance exchange (one of…

A partial digest — There is a simple factor contributing majorly to the steep inflation number of 4.2% for the 12 months (UA) ending April 2021; oil prices were negative one year ago April, and the industry was cratering. The energy category, along with its subcategories, had the highest numbers in the BLS’s latest…

A partial digest — The current US administration is entering a predicament phase, facing the conundrum of seeking to spend more without the comfort of knowing that it can easily borrow more to do so. …

A partial digest — A partial digest: Thursday was day 100 of the Biden-Harris administration. Meanwhile, another stimulus package is being floated. US GDP grew at an annualized rate of 6.4%. PCE was high at 10.7%, while the PCE price index came in at 3.5%. One should remember that these figures were facilitated by stimulus checks, and…

A partial digest — Friday was day 94 of the Biden-Harris administration. There is a proposal to raise capital gains taxes a significant amount to the highest the rate has been post WWII, but only for a very small percent of wealthier individuals. Raising the top marginal income tax rate is being floated, as…