Renewed Peace-Deal Optimism Sparks Oil, Dollar, & Bond Yield Plunge; Gold & Stocks Soar
"Say whatever you want about President Trump, but admit he's really good at jawboning the oil market. Bigly good at it..."
"Say whatever you want about President Trump, but admit he's really good at jawboning the oil market. Bigly good at it..."
Meanwhile Pakistan: final agreement formula may be announced within hours...
Professor chaos strikes again...
"the stock had a good run recently, positioning stretched, long weekend ahead, numbers will be solid and stock will fade as it has on 4 of 5 prints T+1…. NVDA hasn’t really delivered an outsized T+1 move on a print since May’22" - Goldman
The order requires banks to identify red flags tied to patterns of payroll tax evasion by employers, among others...
Sen. Bill Cassidy (R-La.) joined three GOP colleagues in backing the resolution, casting the decisive vote...
The order could come as soon as this week...
In one modeled scenario, the Energy Information Administration projects server electricity consumption in 2050 will be more than 16 times what it was in 2020
If oil disruptions continue into 2H of this year and inflation expectations rise further, there is a real risk of a speed bump for equity markets...
FOMC Minutes confirm a deeply-divided Fed with a hawkish bias as "majority" saw hike likely warranted, and "many" preferred removing easing bias...
"Environmentalists" are pushing for delays as the project continues to progress...
Making sense of the numbers.
"But your chicken has to be good..."
Overall, this was a solid 7Y auction and one which had no problem finding buyers despite, or perhaps because of the recent surge in yields which today has reversed modestly thanks to lower oil prices.
The charges are related to the shooting of two humanitarian planes in 1996...
Areas along the East coast will experience the largest increases in residential prices, with average annual growth as high as 7% for the next two years
Markets will look to see how broad support was for removing the easing bias, particularly after Powell said more officials now view a hike just as likely as a cut