DYOptions

This is how gold behaves during an energy driven stagflation shock where the Fed's reaction function becomes severely trapped. Even worse, current debt-to-GDP levels completely rule out a Volcker-style rate shock to kill inflation. Squeezing rates that high today would trigger instant fiscal insolvency. Gold went up 8 fold from the 1976 low to the 1980 high. In today's terms, that’s equivalent to $32,000 gold over 5 years.

Thursday special

PCE expectation tomorrow -tradingeconomics

PCE tomorrow morning

You can never be too cautious in this market. 👀

Emergency rate cut is required

$NOW growth slowing down to 18.5% from mid 20s. AI impact?

$MRVL ouch