Independent thinking for complex markets and current events
Valuations this lopsided don’t last. DXY looks like it has much further to rise. pic.twitter.com/Aw1QxqXfwg — Michael J. Kramer (@MichaelMOTTCM) July 28, 2025 Where do you think the risk vs. reward is? The last (and only) time the % distance was above 100% was… guess when? December 1999. This shift is inevitable. pic.twitter.com/DTCEv1K3bP — Guilherme …
The trade deficit will find another level but the situation is actually worse once people step back and think about sht for more than a degenerate price tick. The underlying problem with this disorderly “Flood the Zone” manner in which the current ‘rebalancing’ of US trade is being conducted is that trade disruptions are happening …
Megyn Kelly is joined by Kevin O’Leary, chairman of O’Leary Ventures & Beanstox, to discuss the reality of Donald Trump’s tariff policies, why China is taking advantage of American businesses and stealing IP, the effects tariffs could have on the Canadian election, why there has been a record number of early votes, and more. h/t …
by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) in the first quarter was …
JPMorgan Chase & Co. projects real-money portfolios, including those of sovereign wealth and pension funds, will tilt back in favor of bonds to meet allocation targets, in the largest rebalancing flows to the asset class since the fourth quarter of 2021. Japan’s $1.5 trillion Government Pension Investment Fund or GPIF, the world’s largest pension fund, …