Independent thinking for complex markets and current events
China’s silver imports exploded in March.They jumped +78% month-over-month to a record ~836 tonnes.That’s +173% above the normal 10-year seasonal average for March.Big surge came from retail investors buying silver bars plus solar panel makers stocking up before tax rebates ended. China is clearly hoarding silver hard right now. h/t daddysgirl794
Note: “Weak consumer spending” refers to store expectations before the season started. Consumer spending ended up being high which is why Black Friday set a new record No paywall: https://finance.yahoo.com/news/seasonal-hiring-offers-little-reprieve-for-labor-market-woes-110044972.html Plenty of Americans are expected to pour into stores and fill online carts this holiday shopping season. Fewer may be able to pick up seasonal work …
Moderna Analyst Day Highlights Pipeline Progress and Business Strategy Updates Announces three-year business strategy and commercial growth drivers, targeting up to 10% revenue growth in 2026 Expects to expand seasonal vaccine franchise from three to up to six approved products by 2028 Over the next three years, we expect to build a large seasonal vaccine …
“Seasonal adjustments are like food additives: cheap shortcuts intended to make the data prettier and more attractive to consume for folks who aren’t chefs meanwhile providing zero nutritional value.” “Seasonal adjustments are like food additives: cheap shortcuts intended to make the data prettier and more attractive to consume for folks who aren’t chefs meanwhile providing …
