easy does it
market vibes
October 16 … )
“I’m in with the in crowd. I go where the in crowd goes. I’m in with the in crowd and I know what the in crowd knows.” Ramsey Lewis
In the news
The dividend dude on X last night blogging on PLTR opined thus: “I don't think people actually understand how EXPENSIVE 39.21x sales actually is.” Ms. Harris is leading Trump in the latest Marquette law School poll (taken among curbside residents in downtown LA), by a margin of 48 to 47. Yanks lead the Guards 2-0 and the Mets won to even the series with LA.
In the markets
Irony doesn’t get better than this. Gold on the Comex is flirting with a new ATH as the barbarous bars make new all-time highs in Yen and Euros. The strong dollar is making gold go up.
Silver will not be denied its promised destiny, I think, despite its narcosis it goes up anyway.
This is what happens when you cut your benchmark interest rate by .50 basis points, and you over medicate USD FX because you’re terrified the Yen carry is going to eviscerate global TBTF-ers with serious trillies of carry swaps on the books.
In other markets, cloudy skies with a chance of meatballs.
