Minneapolis Fed Pres. Kashkari invited Chicago Fed Pres. Goolsbee for a chat moderated by CNBC Liesman. It seems to be underway with comments starting to trickle in. Chicago Fed Pres. Goolsbee: Fed 2% inflation target next as in anchor on expectationsShort run inflation expectations aren’t what mattersNot surprised that one year expectations was higherAt this […]
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Prior month $-236 billionApril 2024 surplus $210 billions vs $244B estimateApril 2023 $176 billion.US fiscal 2024 year-to-date deficit $855 billion versus comparable fiscal 2023 deficit of $925 billionApril budget outlays $567 billion versus $462 billion in April 2023. Outlays are up 22.72% from 2023April receipts $776 billion versus $639 billion in April 2023. Receipts are […]
As the digital dawn of gaming rises, the visionary minds behind DECIMATED are ecstatic to unveil their groundbreaking foray into the desolate yet captivating future of online gaming. DECIMATED, a novel 3rd person PvP and PvE online game experience, invites players to an unprecedented journey through a vast dystopian landscape. Offering freedom for players to […]
McDonalds is preparing a $5 deal meal promotion. Needless to say, the cost of food has been rising and there are no bargains at the fast food restaurants either. Are consumers starting to show their unease with price rises by voting with their pocketbooks? Looking at the annualized food costs in the US from the […]
MUFG Research exited its long AUD/NOK position, stayed long EUR/GBP, and added a new long EUR/USD position to its trade-of-the-week portfolio. MUFG maintained a long EUR/GBP position with a target at 0.8700, and a stop at 0.8450. MUFG also opened a long EUR/USD position (spot ref: 1.0770), with a target at 1.1050, and a stop […]