To The Moon

Macro Edge #36 Originally posted on: thepensivenugget.com Note: We will be taking a short break. Regular posting of Macro Edge will resume in May. Thank you for reading! The Dollar is moving broadly higher, which indicates tighter USD funding conditions globally. It is also the last thing the world needs at the moment. Also in this week’s Macro Edge: charts of JPY weakness and US 10y yields trading above their30 year bearish channel ! If You Haven’t Been Watching The USD, Start Now Most European markets were closed on Monday, meaning another shortened trading week, but pay close attention to the USD The Dollar is strengthening broadly against other major currencies It has broken out decisively vs JPY, and is trading at key technical levels vs EUR, GBP, CNY Global USD funding conditions are

NEW YORK, Sept 21 - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var

It seemed to be only a matter of time. When GameStop (ticker: GME), BlackBerry (BB), and even the de

Recently, Tesla filed a recall plan and decided to recall some vehicles from now on,according to China's State Administration of market supervision.Tesla decided to recall 35665 imported Model 3 produced between January 12, 2019 and November 27, 2019.Meanwhile, Tesla will recall some domestic Model 3 produced from December 19, 2019 to June 7, 2021, totaling 211256 vehicles; A total of 38599 domestic Model Y were produced from January 1, 2021 to June 7, 2021.In response to the recall, Tesla said