May 2023 — Jun 2023
Jun 8, 2023 • 9 minutes
We are still sitting at just a 74% chance of a pause in Fed action next week (in the futures market), meaning there is a 26% chance of another quarter-point hike.
Jun 7, 2023 • 11 minutes
Big rally in Energy and Real Estate today even as other markets stalled and reversed.
Jun 6, 2023 • 7 minutes
The SEC is suing Coinbase, the major publicly traded exchange for cryptocurrency, for violating securities laws and defying regulatory requirements.
Jun 5, 2023 • 15 minutes
The market opened flat and moved lower from there, then just sort of zigged and zagged between down -100 and down -200.
Jun 2, 2023 • 17 minutes
Today we’re going to look at a few things with Japan and see if we can’t learn a little about the future state of the American economy and policy.
Jun 1, 2023 • 7 minutes
As expected, the House passed the McCarthy-Biden debt ceiling bill, and the Senate will do their part by this weekend. The bill passed by a vote of 314-117, quite the nail-biter, with 165 Democrats voting yes and 149 Republicans voting yes.
May 31, 2023 • 7 minutes
The debt ceiling bill has gotten through the House Rules Committee, and it appears nearly certain that the House will have the votes tonight for passage.
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