By Turd Ferguson | Tuesday, April 18, 2017 at 10:17 am
The Bank-promoted narrative for 2017 of higher rates, strong dollar and booming growth crumbled further today as TungstenmanSachs officially closed out their "long dollar" trade at a loss. Oops. For $11.95/month, their clients could have learned a lot more simply by being members at TFMR!
By Turd Ferguson | Monday, April 17, 2017 at 11:08 am
In the U.S., our holiday weekend is over so it's time to get back to work. All of the geo-political and economic questions from last week have carried over to today so we are set up for another volatile and interesting week ahead.
By Turd Ferguson | Wednesday, April 12, 2017 at 11:25 am
As we stand at the threshold of what may be an extremely volatile, 3-day holiday weekend, the "markets" thus far today have been mostly unchanged and listless. Enjoy the relative quiet while you can as the volatility will very likely ramp up as we head toward Thursday's close.
By Turd Ferguson | Wednesday, April 12, 2017 at 9:52 am
With US-Russia relations now "completely ruined" according to Russian Prime Minister Medvedev, The New Cold War has now reached a critical moment. As such, please be sure to listen to this week's Batchelor-Cohen podcast.
By Turd Ferguson | Tuesday, April 11, 2017 at 9:48 am
Maybe it's just my overall mood as the past few days have been particularly challenging. However, I would imagine that you, too, feel the same general sense of unease that I'm experiencing this morning.
By Turd Ferguson | Monday, April 10, 2017 at 11:29 am
Ole Turd's got his show on the road again this morning with another visit to see Mama and Papa Ferg. Given that, here's just a quick update to see where things stand as this holiday-shortened week begins.
By Turd Ferguson | Friday, April 7, 2017 at 10:59 am
No doubt this was the sentiment and action plan overnight for even though we had the U.S. attack in Syria AND the worst BLSBS jobs report in months, the all-important USDJPY was rigged higher and away from 2017 lows.
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