The Power Grid Expansion, Part 2: A Longer-Term View
The Power Grid Expansion, Part 2: A Longer-Term View Authored by Michael Lebowitz via RealInvestmentAdvice.com, This article follows Part One, which discusses the massive investment dollars that will be spent expanding and modernizing the power grid to facilitate demand from AI data centers and EV users. With the macro investment theory laid out, we explore which […]
Nasdaq Breaks 17,000 Mark, S&P 500 Slightly Up, Dow Drops Amid Rising Yields
The Nasdaq closed above 17,000 for the first time on Tuesday, driven by Nvidia’s 7% surge and gains in semiconductor stocks. The S&P 500 saw slight gains, while the Dow dropped as rising Treasury yields impacted the market. The tech sector led gains, while healthcare and industrials declined. Afternoon trading saw stocks lose ground due […]
Expectations for Student Debt Forgiveness Climb in Latest NY Fed Poll
A survey by the Federal Reserve Bank of New York reveals that Americans increasingly expect more federal student debt forgiveness, with the perceived likelihood rising to 39% in April from 28.7% in December. Expectations are particularly high among older Americans. Despite some debt relief measures under President Biden, including partial forgiveness for over 10% of […]
Gold Dips as Market Awaits Federal Reserve Clues from Inflation Data
Gold prices fell on Wednesday as U.S. Treasury yields increased and investors awaited a key inflation report expected to influence the Federal Reserve’s policy decisions. Spot gold dropped 0.82% to $2,341.53 per ounce, while U.S. gold futures fell 0.6% to $2,342.30. Rising Treasury yields and a stronger dollar have made gold less appealing. The market’s […]
Gaza Pier Operations Suspended Indefinitely After It Breaks Apart By Heavy Seas
Gaza Pier Operations Suspended Indefinitely After It Breaks Apart By Heavy Seas The US-constructed pier off Gaza is officially done – for the time being at least. It is out of commission indefinitely after a series of problems and setbacks, the latest being inclement weather and heavy seas which have literally broken it apart. The […]
Navigating Gold's Volatility: The 2024 Surge and Its Implications
The price of gold has risen 16% since February 2024, but this surge doesn’t guarantee future increases or a solid long-term investment strategy. Gold’s historical performance shows significant fluctuations, with long periods of decline followed by recovery, making it an unpredictable and often volatile investment. While gold has offered some gains over centuries, its average […]
BlackRock Adds Own Bitcoin ETF To Income And Bond Funds
BlackRock Adds Own Bitcoin ETF To Income And Bond Funds By Brayden Lindrea of CoinTelegraph BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin exchange-traded fund (ETF) in the first quarter, regulatory filings show. BlackRock’s Strategic Income Opportunities Fund (BSIIX) snapped up $3.56 million worth of the iShares Bitcoin […]
Missiles Pound Bulk Carrier Twice In A Day In Chaotic Red Sea; Brent Crude Moves Higher
Missiles Pound Bulk Carrier Twice In A Day In Chaotic Red Sea; Brent Crude Moves Higher A bulk carrier in the southern Red Sea was struck by missiles for the second time this week, according to an X post by the UK Maritime Trade Operations. These highly contested waters near the Bab al-Mandab Strait are controlled by Iran-backed […]
Zero-Percent-Down Mortgages Return, What Can Go Wrong?
Zero-Percent-Down Mortgages Return, What Can Go Wrong? Authored by Mike Shedlock via MishTalk.com, It’s a perfect time to do something really stupid, like offering zero percent down payments on mortgages. Case-Shiller national and 10-city indexes via St. Louis Fed, OER, CPI, and Rent from the BLS Perfectly Stupid Timing Morningstar reports One of the Biggest U.S. […]
Futures Slide As Bond Yields Spike To 3 Week High
Futures Slide As Bond Yields Spike To 3 Week High US futures are weaker with tech and small caps underperforming after the NDX made a new ATH yesterday on the back of the relentless Nvidia meltup. The weakness has been driven by surge in yields, a result of the latest batch of hawkish Fed remarks, […]