Today's topics include Trump gets Japanese trade deal, is 15% the new tariff floor?, a history lesson on political pressure on the Fed chair, Bessent swashes Powell removal, a check on valuations, how will the Fed address any tariff inflation that arises?, job switchers versus stayers, a new cohort of meme stocks, a list of other trade deal news, and electricity supply & AI demand
Q2 earnings are heating up. Through Monday, 62 companies have reported, and the year-over-year annualized quarterly growth rate stands at 3.22%, well below recent quarters.
Today's topics include global economy is more resilient than most thought, should Powell resign?, the shadow Fed trade, can equities handle a Mag 7 slowdown?, the surge of active ETFs, 24-hour trading?, targeting transshipping, and the prospects of stablecoins
The Commitments of Traders report allows investors to gauge position changes for different groups of traders/investors.
Today's topics include the Fed's path ahead, the state of the US economy, tariffs impact on earnings, index level momentum, economic minded versus consumer minded inflation, more commentary on Powell & Fed independence, Mag 7 stocks are diverging from themselves, Japanese election outcome & trade talks, and tech disruption across industries
Quantifying retail traders' share of equity market volume reveals the group has become a dominant market force.
Today's topics include commentary on Fed independence, Waller wants to cut rates, foreign Treasury holdings moved higher in May, ETFs are booming, Chinese rare earths, debating market reactions to EU's defense spending boost plans, and crypto surges on stablecoin bill passing
Copper imports are being pulled forward in an attempt to front-run potential tariffs. Could this have a similar impact on GDP as gold imports did earlier this year?