Overview: There’s been a lot in the news and on Fin-X lately about Japan, record gold prices, and skyrocketing silver. Here’s a quick summary of the situation(s). Japan: I was going to write a long explanation, and then realized I’ve covered this in detail in the past. The short version is Japan ran up … Read more
While trading, when you enter a market order, your broker’s order system will execute the order immediately regardless of price. When trading something highly liquid, that’s often fine. For example, if you’re trying to buy $10,000 of $AAPL, you’ll almost certainly get decent execution with a market order. If there’s news on the tape and … Read more
We got an estimated CPI that shows inflation has slowed. The market loved seeing that, but I still think inflation is too high. Plus, do any of you think the Bureau of Labor Statistics estimated a low CPI? Me either. Oil prices continue to fall. Efforts to embargo Russian oil have failed. DKI predicted this … Read more
Overview: Today, we got the November Consumer Price Index (CPI) report which showed an overall increase of 2.7% for the last year. There was no October report due to the government shutdown so there will be no monthly comparisons in this piece. The annual number is down 0.3% from the September report and 0.4% below … Read more
The Federal Reserve concluded its last meeting of 2025 and as expected, lowered the fed funds rate by 25bp (.25%). In an increasingly more common event there was dissent. For years, any Fed Governor dissenting was unusual. Any arguments were held behind closed doors while the committee presented a unified face to the public. Today’s … Read more
Sorry about the click-bait headline; evidently social media is influencing me, regardless of how much I despise it. Right now, opinions on what happens next in the economy and the market are coalescing around four scenarios: Pour Gas on the Fire: More stimulus and an accommodating Fed lead to continued nominal growth and a … Read more
Andy Wang has been kind enough to have me on his excellent show, Inspired Money, several times including just last week. Here are some details and the link: When the financial markets feel chaotic, it helps to get insights from experts who thrive in uncertain times. On a recent episode of Inspired Money, host Andy … Read more
The government is about to use its incredible stores of data to feed advanced AI models. It could be effective in staying ahead of China, but there are some un-discussed security issues involved. Bitcoin has gone hyper-volatile again. Why does it keep happening at night on weekends? Does it matter? Multiple States are investigating buy … Read more
I’ve spent two years warning about the massive spending on AI without a business plan to earn a return on that spending. The big tech companies that used to have pristine balance sheets are now taking on record levels of debt to fund their AI spending. In related news, Meta (Facebook) is going to sign … Read more
