Mindblown: a blog about philosophy.
-
Fed’s Logan (voter, hawk) says speed of transactions has highlighted need to manage liquidity risks; every bank should be ready to borrow from the Fed
-
US Treasury asks US agencies if payments can be made at a later date as deadline nears; internal memo shows Treasury putting agencies on alert, according to Washington Post
-
Republican Debt Ceiling Negotiator Graves says republicans and the White House are still far apart on a debt ceiling deal after Monday night talks
-
Fed’s Kashkari (voter) says need to get more data about the economy; possible mild recession would bring inflation down If inflation stays high, may need to keep rates higher.
-
MORNING MINUTE EQUITIES, FUTURES & OTPIONS MAY 23rd
Will we mint a trillion dollar coin, invoke the 14th amendment or will they come to some mutually agreeable solution that will only kick the can down the road? Either way, investors still think that there is no way we would ever default…..
-
END OF DAY REPORT EQUITIES, FUTURES & OPTIONS MAY 22nd
very quiet rangebound session as we await news from the debt ceiling negotiations for some direction
-
US House Speaker McCarthy says we don’t have a deal; decisions have to start being made
-
Fed’s Bostic (non-voter) says he is comfortable waiting a little bit to see how the economy plays out after Fed has done a lot of tightening already, policy acts with a lag Will take decisions on a meeting-by-meeting basis.
-
Fed’s Kashkari (voter) says not seeing evidence yet that banking stress is doing our work for us on inflation
-
DAY TRADE IDEAS MAY 22nd
Dax 40 June breaks out to the upside to retest the all time high at 16295. FTSE 100 June trapped in a 120 tick range for 2 weeks. . Today’s Analysis. Dax June beat the all time high at 16275/295 & made it to the next target of 16370/390 with a high for the day […]
Got any book recommendations?