Bond yields and the US dollar rose in response to second-tier US economic data (jobless claims, inflation expectations). Australian yields rose in response to RBA Governor Bullock’s speech but AUD slipped to 0.6540. Today we see November PMIs in the Eurozone and UK while US markets are closed for Thanksgiving. Yesterday Major currencies were mostly […]
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Rate cuts? Rate hikes? Another pause? Federal Reserve Bank of Chicago President Austan Goolsbee said all these options over interest-rate policy are on the table at the central bank right now. “I don’t see how Read more…
The surprisingly stable April jobs report just made incoming Federal Reserve Chair Kevin Warsh’s cues from the White House to slash interest rates next month a good deal more difficult to execute. Despite rising energy Read more…
Nvidia (NVDA) is a semiconductor giant and artificial intelligence king. It makes GPUs, CPUs, AI inference accelerators, and networking solutions (which are becoming increasingly more important). The company divides its revenue sources into five end Read more…