Especially over the next two months or so, make sure you specify "which inflation" when asked where #inflation is going. It is not just about CPI, PCE. etc. I suspect that we will see significant dispersion within each of these, be it monthly versus annual or core versus headline
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Why crypto is like Seinfeld.. at 6
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Soldiers on Kinmen, a Taiwanese-controlled island just off the Chinese city of Xiamen, shot at a Chinese drone for the first time on Tuesday afternoon, highlighting the risk that Beijing’s military pressure on Taipei could lead to actual conflict. ‘According to procedure, we warn, report, try to expel with measures such as flares, and if that fails, we fire shots,’ said Major General Chang Jung-shun, spokesman for the Army Kinmen Defence Command. The more assertive approach comes as Taipei seeks to balance the risk of sparking outright conflict against its desire to block China from demonstrating effective control over nearby waters and airspace or even Taiwanese territory. Tap the link in our bio to read the full story. 📸: An Rong Xu/Getty Images #financialtimes #Taiwan #China #geopolitics #drone #technology #military
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US corporate credit spreads are significantly underpricing the risk of a recession, with current levels implying a 25% chance of a recession, compared to UBS’s forecast of a 55% chance: UBS strategists https://t.co/ao1chACAjG
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It's an incredible time to be a trader right now. If you're not performing it's time to review the WHY. Stop holding on to what you think SHOULD work and start looking at what IS working. Market has been consistently providing the same opportunities over and over for months.
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Please retweet and join me in wishing a verrrrrry happy birthday to the GOAT Warren Buffett who turns 92 years young today! Worth $100 billion and still humble AF...and in his honor the $DIA $SPY $QQQ are getting wrecked, thus making everything cheaper just like Warren prefers :) https://t.co/y6PIMYg0nu
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BofA clients last week were net sellers of U.S. equities for a second consecutive week, led by hedge funds. Clients sold shares across most sectors, particularly industrials and energy. They bought stocks in the technology, health care and utilities. https://t.co/KmPe2Tw2Jo
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After a 20%+ drop from highs in January, the S&P saw a big rally off its mid-June lows but stalled at its 200-DMA and is now breaking back below its 50-DMA. https://t.co/guAHrRPPvF
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The Secret to Success: - Show Up Everyday - Have a Great Attitude even When you are Tired - GET YOUR WORK DONE! Every morning I do things I don't want to do, but I know they have to be done for the day to run smoothly. Success isn't easy which is why it is rewarding!
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More young, middle-class Americans flock to dollar stores, seeking a refuge from inflation https://t.co/YqvT3gbaMW
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Hopefully it'll help one trader to take that step back and review their trades. There are markets to SWING. Markets to think BIG picture. Markets to be a TRADER. Every day we're blessed with so much range minimal (if any at all) over night exposure is needed. Trade well 💪
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August will be the third month this year that the Nasdaq was both up 4%+ and down 4%+ MTD on a closing basis. The only years with more occurrences were 2000 and 2009 (four each).
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2022 has been the worst year for markets (so far) in at least 50 years https://t.co/aoHnKwVgUZ
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