A hub for independent voices and hard truths
The Fed has been clear that 2% is their inflation target. Now, we have inflation rising again and hovering near the 3% mark. Will the Fed raise their inflation target or will they finally get it under control? Follow us …
via Mike Shedlock For July, the BLS reports 187,000 jobs vs the Bloomberg Econoday consensus estimate of 200,000. ADP reported gain of 324,000. Last month, ADP reported a stunning jobs gain of 497,000 vs a BLS report of 149,000 private …
https://t.co/L7Cj8NMaIm — Win Smart, CFA (@WinfieldSmart) August 3, 2023 Good Morning Everyone! Billionaire hedge fund manager Bill Ackman is making a bold move! He's shorting 30-year Treasury bills using options, and he predicts yields could skyrocket to 5.5% 'soon'. His …
or worse, you could be this guy. hard to believe people pay him to invest their money. https://12ft.io/proxy?q=https://seekingalpha.com/article/4584656-apple-dead-money-for-3-more-years h/t Goldenbird666
So far, Q2 profits from S&P 500 companies are down about 8% from a year ago, according to a blend of reported results and consensus estimates. But 80% of companies have so far topped Wall Street profit expectations, a slightly …
by confoundedinterest17 Fridays are always fun in the market. Bitcoin is up 3.23% as The Fed took a pause yesterday. Note that bitcoin and gold are moving together since March 2023 as the US Dollar deteriorates. And expectations of Fed …