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Post by kingfisher on Mar 24, 2024 20:07:47 GMT -5
FRIDAY, MARCH 29
8:30 am Advanced U.S. trade balance in goods Feb. -$90.5B
8:30 am Advanced retail inventories Feb. 0.5%
8:30 am Advanced wholesale inventories Feb. -0.3%
8:30 am Personal income (nominal) Feb. 1.0%
8:30 am Personal spending (nominal) Feb. 0.2%
8:30 am PCE index] Feb. -- 0.3%
8:30 am Core PCE index Feb. 0.4%
8:30 am PCE (year-over-year) -- 2.4%
8:30 am Core PCE (year-over-year) 2.8%
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Post by kingfisher on Mar 28, 2024 21:18:25 GMT -5
Inflation data bond market closed...yikes
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Post by max on Mar 29, 2024 8:24:18 GMT -5
Inflation data bond market closed...yikes So is it good news or bad news —I am not sure what I read |
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Post by kingfisher on Mar 29, 2024 8:38:31 GMT -5
CPI PPI and PCE are all rising however were inline with expectation
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Post by kingfisher on Mar 29, 2024 8:38:44 GMT -5
Have a safe and happy Easter all!!
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Post by clinton on Mar 29, 2024 10:18:06 GMT -5
shorts might get killed this weekend  |
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Post by luckey on Mar 29, 2024 14:39:43 GMT -5
Now that Bitcoin is centralized and has been basically de nutted by the system. Why would people continue to pursue it and push it's value? It's completely tied up in market mechanics now. It never caught on as cash, atleast in the US. Trading it is extremely hazardous due to the bid ask spread. Everyone now expects that black rock will fund it's rise to 100k plus? Why would anyone want an ETF tied to a block chain that has no purpose? Assuming it's main purpose was to operate outside the system it was just chained to..
There has to be something better.
I've never been a big bit coin supporter. Only because I feel strongly that the government in which I am indebted to would never allow it to break away. Which appears to be correct. It continues to surprise me how many real world resources, and billions of dollars continue to be attracted to it.
Why? It's only for gambling?
Happy Easter weekend!
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Post by luckey on Mar 29, 2024 14:41:35 GMT -5
Inflation data bond market closed...yikes So is it good news or bad news —I am not sure what I read inflation is good now that the fed gave up. Just means inflatable margins.. that's my read on the situation. The market is in a forced Goldilocks for the time being. The poor people of the us are fucked. Middle class will be tested. Upper class plus are set. |
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