Top News From CNBC. “F.A.A. won’t clear Boeing to increase seven-thirty-seven Max production for several months, agency head says.”This is a significant setback for Boeing, which has been trying to ramp up production following previous issues with the 737 Max. The F.A.A.’s decision indicates ongoing concerns about the aircraft’s safety, which could have a substantial
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In this Newsletter: Upcoming Events: These events were found using the Economic Calendar Widget on Fraywire.com Found on Fraywire: Weekly jobless claims jump to 231,000, the highest since August Gold is overvalued now and won’t help you beat inflation in coming years Federal Reserve holds rates steady. Here’s the financial impact Nvidia stands to benefit
What You Missed: Boeing’s stock heads for 17-month low as the bad news keeps coming https://www.marketwatch.com/story/boeings-stock-heads-for-17-month-low-as-the-bad-news-keeps-coming-b7e1a715?mod=mw_rss_topstories ‘What Are We Waiting for’? SEC Commissioner Hester Peirce Discusses Moving Crypto Regulation Foward https://www.coindesk.com/consensus-magazine/2024/04/10/what-are-we-waiting-for-sec-commissioner-hester-peirce-discusses-moving-crypto-regulation-foward/ U.S. oil prices fall, with weekly crude supplies up by nearly 6 million barrels https://www.marketwatch.com/story/oil-prices-edge-higher-ahead-of-official-u-s-inventory-data-1afdf709?mod=mw_rss_topstories US inflation jumps as fuel and housing costs rise
Markets were closed yesterday for the holiday, so our normal “Money Mondays” is being released today on Tuesday this week.
FOMC: Let’s assume: The direction these indicators swing (and how much they swing) will help gauge where asset prices could be.We can also use the ERI https://www.breakingmetrics.com/economic-robustness-index/ to help us determine how bad economic conditions are for the average American. There are 2 ways the Fed controls inflation: (1) Supply, (2) Demand If we assume economic conditions
Take Note: Jerome Powell might be onto to something S&P 500 / $SPX The Money Supply The Cost Bitcoin / $BTC
Position Restructuring Bitcoin vs. Ethereum Logic behind this portfolio structure: Charts My thesis going into the winter months is as follows: Bitcoin / $BTC Polkadot / $DOT Chainlink / $LINK Polygon / $MATIC Algorand / $ALGO