West Texas Intermediate, the US crude oil benchmark, is trading around $66.40 during the early Asian trading hours on Thursday. The WTI price declines on a surprise build in US crude supplies.
In my last post, I noted Starbucks’ price hadn’t moved since Dec 2020. Lululemon takes it further—its stock is trading at the same level it was over five years ago, despite selling pricey apparel to the image-conscious.
Joe Rogan told Matt Walsh he began doubting the moon landing after COVID, while Walsh argued that faking the Apollo missions would have been even more unbelievable than achieving them.
Payrolls day remains the most important one for markets. Even going into most pivotal Fed meetings we typically know what's going to happen. For payrolls, we think we know. And even if we did, the print itself can have a perverse effect.
In Big Tech Just Before Congressional Hearing: ReportTrump wants Powell gone over testimony liesTrump demands Powell's resignation after accusations of misleading testimony from Federal Housing Finance Agency Director. Trump has been critical of Powell in the past.
The weekly chart shows TAN rising above the 50-week moving average for the first time since April 2023. This is an unconfirmed phase change, but more importantly, a reversal of a 2 plus year downtrend.
