Sometimes it is vital to widen our perspective from the day-to-day trek through the trees of investing decisions and market data to take in the entire landscape. This morning, I take a couple of minutes to do that. Let’s look at the big picture.
(Note: Captions are automatically generated and subject to error. The French impressionist artist I mentioned at the beginning is Camille Bombois.)
We examine some statistical evidence that may be helpful in estimating the future price of gold using a present set of variables.
These are the moves: More short-term T-bills. Shorten US Treasury debt maturity. Try to force interest rates lower.
Trump has nominated Kevin Warsh for Federal Reserve chair — fine, but the administration’s attacks on the Fed need to stop. Here’s my quick take.
We thank Michael Drury, Chief Economist at McVean Trading, for permission to share some of his views on the K-shaped economy and the outlook. Discussion follows.
David would love to hear from you. Please Feel free to reach out and send an email.