Tag Archive: Featured

USDCAD finds willing sellers versus the high from last week and backs off.

2024-03-05

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Although there are willing sellers against the eye from last week, the price remains above its 100-day moving average and 50% midpoint of the move down from the November 2023 high. Buyers and sellers battle it out.

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Kickstart the FX day for March 5 with a technical look at the EURUSD, USDJPY and GBPUSD

2024-03-05

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The market is quiet to start the US session for March 5. What are the technical bias, the risk and the targets for the major currency pairs.

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The New Manhattan Toll Rates: Efficient Policy, or Just Another Boondoggle?

2024-03-05

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2024-03-05

The Metropolitan Transportation Authority in New York (MTA) has announced a set of tolls for vehicles on streets south of Central Park.Passenger vehicles: $15Small trucks: $24Large trucks: $36Motorcycles: $7.50Taxi drivers: $1.25 per rideUber, Lyft, other ride-shares: $2.50 per rideThe economic reasoning for charging tolls in Manhattan is simple; open access to the roads of Manhattan leads to a Tragedy of the Commons. The ability of everyone to use...

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Valuation Metrics Suggest Investor Caution

2024-03-05

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Economic Data releases and Fed speeches today will resonate with a rising commentary of no rate cut(s) this year, thanks to sticky inflation. Target's earnings show the consumer is still spending; markets continue in 4-month advance, longest since 1970. Preceding a correction? Markets are operating in a narrow trend channel, with money rotating out of Magnificent Seven Stocks and into meme stocks. Markets are in the midst of bullish exuberance;...

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Bailing Out For A Buck

2024-03-05

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2024-03-05

Further evidence of the crash in office property values comes from news that the Canadian Pension Plan Investment Board (CPPIB) with $436.9 billion in capital sold its 29% stake in Manhattan’s 360 Park Avenue South for $1 to its partner Boston Properties Inc., which agreed to assume CPPIC’s share of the property’s debt. It was only in the third quarter of 2022, CPPIB committed $83.6 million as part of a tri-party venture with Boston Properties and...

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Klima “Aktivisten” drehen völlig durch!

2024-03-05

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Sie hassen den Kapitalismus! Und die Freiheit! Darum machen sie das und aus keinem einzigen anderen Grund! Meine Depotempfehlung 3,9 % Tagesgeld-Zinsen und 5,3% für Einlagen in USD https://link.aktienmitkopf.de/Depot* 📊 Tracke deine Dividenden mit dieser App http://myfinances24.de/mydividends24 Bildrechte: By Martin Kraft - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=141675395 📒 Mein Buch! Der Rationale Kapitalist...

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Help Us Celebrate Human Action’s 75th Anniversary!

2024-03-05

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2024-03-05

Investor and author Doug Casey recently wrote that most economists “are political apologists masquerading as economists.” He says they are like witch doctors pretending to be neurosurgeons.

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Federal Reserve Responsibility for Consumer and Government Debt Crises

2024-03-05

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2024-03-05

According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to 17.5 trillion dollars. A recent survey by Clever Real Estate found that three in five Americans have credit card debt and that 23 percent of Americans increase their credit card debt every month. The survey also found that 48 percent of Americans (including 59 percent of millennials) use credit cards for essential living...

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Forex Becalmed with the Greenback Mostly Firmer in Narrow Ranges

2024-03-05

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2024-03-05

(Business trip will interrupt the commentary over the next few days.  Check out the March monthly here.  Back with the Week Ahead on March 9. May have some comments on X @marcmakingsense.) Overview: Outside of the Australian and New Zealand dollars, which are off by 0.20%-0.25%, the other G10 currencies are little changed and mostly softer in narrow ranges. A firm Tokyo CPI, mostly on base effects and softer rates helped keep the US dollar below...

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The Heroic Joe Sobran

2024-03-05

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2024-03-05

In these times of war in the Middle East, I often think of my late friend, the great and brilliant Joe Sobran.  If Joe could be with us today, it’s clear what he would be saying. Why does the US support Israel uncritically? How is doing so in our national interest? What about the rights of Palestinians to their land?How do we know he would say these things? Because this is exactly what he did said in 2002.“In my 21 years at National Review, I had a...

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How Would US States Actually Declare Bankruptcy?

2024-03-05

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2024-03-05

Stephen Anderson, in his Mises Wire essays of February 1 (“Are Bankruptcies of Some US States in the Future?”) and February 23 (“US States Have a Long History of Defaulting”), worries that some US states may be on the precipice of bankruptcy.

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Valuation Metrics And Volatility Suggest Investor Caution

2024-03-05

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2024-03-05

Valuation metrics have little to do with what the market will do over the next few days or months. However, they are essential to future outcomes and shouldn’t be dismissed during the surge in bullish sentiment. Just recently, Bank of America noted that the market is expensive based on 20 of the 25 valuation metrics they track.

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Enthüllt: Deutschland im geheimen Krieg mit…

2024-03-05

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Kostenfreies Video-Training (Durch Trading in 2024 absichern) 👉 https://oliverklemmtrading.com/casestudy-1?utm_source=youtube&utm_medium=social&utm_campaign=tradingcoacholi&utm_term=morning-news&utm_content=1 Klicke hier, um dich direkt gemeinsam mit Oli unabhängig zu machen 👉...

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Vorwort des Buches « L’Humanité vampirisée ». Philippe Bourcier de Carbon (version Allemande)

2024-03-05

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2024-03-05

Philippe Bourcier de CarbonIngenieur der Hochschule Polytechnique, DemographGründungsvorsitzender von AIRAMA, « Internationale Allianz für die Anerkennung der Beiträge des Nobelpreisträgers Maurice Allais »

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Hayek Explains Emergency Powers

2024-03-05

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2024-03-05

In this morning's Mises Wire article, I mentioned that the true nature of the ruling class tends to be revealed in times of emergency. Moreover, it is during declared "emergencies" that it becomes clear that ordinary constitutional limits on state powers—such as the much touted "balance of powers" tend to do little to actually restrain regime power. Not all constitutional systems are equally bad in these situations, of course,...

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Stock market technical analysis update for 05 Feb, 2024

2024-03-05

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Check out https://www.forexlive.com/technical-analysis/stock-market-technical-analysis-es1-at-5140-watching-5170-and-then-watch-out-20240304/

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“Wir werden niemals grünen Stahl produzieren”!

2024-03-05

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Habecks Wasserstoff-Strategie geht für Arcelor Mittal nicht mal mit Milliarden an Subventionen auf! Meine Depotempfehlung 3,9 % Tagesgeld-Zinsen und 5,3% für Einlagen in USD https://link.aktienmitkopf.de/Depot* 📊 Tracke deine Dividenden mit dieser App http://myfinances24.de/mydividends24 Bildrechte: By Martin Kraft - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=141675395 📒 Mein Buch! Der Rationale Kapitalist...

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USDJPY Technical Analysis

2024-03-05

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#usdjpy #forex #technicalanalysis In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market. ---------------------------------------------------------------------- Topics covered in the video: 0:00 Fundamental Outlook. 1:20 Technical Analysis with Optimal Entries. 2:56 Upcoming Economic Data....

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The Paramedic who Helped Police Kill Elijah McClain Is Sentenced to Five Years

2024-03-05

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2024-03-05

On Monday, Aurora, Colorado paramedic Peter Cichuniec was sentenced to five years in prison (for criminally negligent homicide) for his part in the killing of Elijah McClain. McClain was an Aurora resident who had been walking home on the night of August 24, 2019. After police received a call about an unarmed person who looked "sketchy," police stopped and confronted McClain. McClain was doing nothing illegal and had given police no...

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Luzerner KB steigt in den den Handel und die Verwahrung von Kryptowährungen ein

2024-03-05

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2024-03-05

Die Luzerner Kantonalbank AG (LUKB) ermöglicht ihren Kundinnen und Kunden seit Anfang März 2024 den Handel und die Verwahrung von Kryptowährungen. Das neue Angebot ist technisch nahtlos in das Kernbankensystem und das E-Banking (Mobile und Desktop) der LUKB integriert. Aktuell stehen drei Kryptowährungen zur Wahl: Bitcoin, Ethereum und USD Coin. Die LUKB hat sich seit dem Jahr 2020 mit dem Thema Digital Assets bzw. Kryptowährungen befasst und nach...

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