4+ hour, 44+ min ago  (438+ words) AI spending drives most US GDP growth, but classic risk-off signals dominate: Dollar and long bonds rally as risk assets, silver, and miners sell off while the Gold/Silver Ratio spikes. Durable goods (orders) fell, but last month they hit…...

2+ week, 3+ hour ago  (428+ words) Hot CPI and PPI data hit this week, but Trump Deal Thursday sparked a metals rebound as bonds remained solid amid booming inflation. The old style (just commodities) PPI (PPIACO) jumped 3. 47% m/m, or about 42% annualized. Cherry-picked % change m/m…...

4+ week, 4+ hour ago  (463+ words) Equities, bonds, gold, and miners rallied strongly this week, while energy got slammed. A clear risk-off signal emerges amid mixed markets. GDP (unadjusted for inflation) was decent (1. 26% q/q, 5% annualized), but the little people didn't benefit; last month's "personal income…...

1+ mon, 4+ day ago  (462+ words) US consumer sentiment hit a new low as housing starts declined, yet equities climbed to fresh record highs amid mixed signals. Housing starts ticked lower, but they remain near recent highs." This is not projecting a 2008-severity housing recession " compare…...

1+ mon, 6+ day ago  (533+ words) There's no stopping the inflation that has been unleashed. Welcome to another Fat Pipe." As a reminder, we are living through the last line: Every day, usually right before the precious US markets open, a peace deal of some sort…...

3+ mon, 5+ day ago  (707+ words) Today's Digest covers plunging gold and silver prices amid rising yields and oil spikes, massive Asian stock losses from Iran tensions, Hormuz-related fertilizer shocks, EU energy measures, Iran's new banknote, Gulf basing shifts, Cuban blackouts, Slovenian fuel rationing, Russian oil…...