The end of the Great Keynesian Experiment is upon us. Prepare accordingly.
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TFMR Podcast - Friday, September 6

With TF 9 Comments | 5 Likes What a crazy day this was. A horrible BLSBS. Truly horrible. All part-time jobs and no jobs for any native-born US citizens. Terrible. But that wasn't what drove the markets today. Instead, it was the growing realization (finally) that Jerry isn't (and never was) going to start his cuts with a full 50 basis points...

Sat Sep 7, 2024 01:28
Another BLSBS Friday

By TF 21 Comments | 11 Likes The long-awaited August jobs report is in and it shows a continuation of the worsening trend of the past few months (and years). Was it enough to make Jerry panic into a 50 basis point fed funds rate cut in two weeks? Maybe. But make no bones about it, this was another terrible report. The total number of new...

Fri Sep 6, 2024 17:12
TFMR Podcast - Thursday, September 5

With TF 10 Comments | 8 Likes Both Comex precious metals bounced back today and both are now slightly green on the week. That's nice. It's also meaningless when you consider that tomorrow is another BLSBS Friday and the fate of how sizable Jerry's first rate cut will be hangs in the balance. For today, just simple prep for what will be an...

Fri Sep 6, 2024 02:06
A Busy Bouncy Day

By TF 17 Comments | 5 Likes The Comex PMs are bouncing today after a steady stream of positive news since the JOLTS report of yesterday. Will this bounce continue through today's service sector PMIs and tomorrow's BLSBS? Maybe. IF it does, we'll be looking at finally breaking through that $2560 cap. To begin today, we might as well go back...

Thu Sep 5, 2024 17:31
The Jackass Cometh

With TF 7 Comments | 8 Likes Due to our semi-monthly Beer with TF happy hour, I was unable to bring you some fresh Jackass for your holiday weekend. We fix that issue today with an hour if full-on Jackass that is sure to please his most ardent supporters. Of course, some of you are not big fans of these podcasts...I know that from the emails...

Wed Sep 4, 2024 21:26
Ready For A JOLT

By TF 10 Comments | 6 Likes It's a very busy week for data and the hots continue later this morning with the latest update on job openings and quits....the JOLTS. Will the news at 10:00 ET be enough to turn CDG back into the green? We'll know soon enough. And there's not much else going on today, otherwise. Most folks will be watching the...

Wed Sep 4, 2024 17:28

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