by jessefelder Just about a year ago, I noted here that corporate insiders were betting heavily on a reversal in the relative downtrend in value versus growth. At the time, executives at companies outside of the most popular sectors in the market were buying shares of their own stock in the open market in size. Since then, … Read more
by confoundedinterest17 Well, the data for pending home sales is for February (the dead of winter). But US pending home sales MoM fell -10.60% and -2.70% on a YoY basis. As mortgage rates start their long-predicted rise. Let’s hope that March is better. And UCLA beat Michigan in NCAA basketball (March Madness), so things are looking … Read more
by confoundedinterest17 The Treasury markets are getting blasted like in Thunderdome from Mel Gibson’s Mad Max Beyond Thunderdome. (Bloomberg) — The popularity of one Federal Reserve overnight deposit facility has surged as investors look for shelter from negative rates in short-term markets, which are under unusual pressure over quarter-end thanks to the flood of cash in the system. … Read more
(Bloomberg) — From his perch high above Midtown Manhattan, just across from Carnegie Hall, Bill Hwang was quietly building one of the world’s greatest fortunes. Even on Wall Street, few ever noticed him — until suddenly, everyone did. Hwang and his private investment firm, Archegos Capital Management, are now at the center of one of … Read more
DOJ OFFICIAL EXTORTS GAETZ FOR $25 MILLION
Trust me, DC and state govs will fritter the investment away and your taxes will soar: https://archive.ph/4NFjl
Steve Penny with Patrick V. on SBTV Steve Penny: 7-Month Rally in Gold Coming to Complete Cup and Handle Pattern We are joined on Metal Money by Steve Penny, founder of SilverChartist.com. If the 7-month correction in the gold price drew half of the handle in gold’s cup-and-handle pattern, Steve expects the other halve of the handle to be … Read more
