money – Page 7 – Lawyers Write the Bets. Bankers Sell the Bets.

October 26, 2023October 26, 2023

Merchants, traders, brokers and the future of trade…

Trade has always been limited to those with control over commodities and access to credit. Merchant/broker/traders have always been in the data gathering business. It is no surprise that merchant/broker/traders sit on and trade valuable, actionable data. Movement of the data gathered by merchant/broker/traders have moved on an OI (organic intelligence) infrastructure for centuries. This … Continue reading Merchants, traders, brokers and the future of trade…

October 23, 2023

What is the Federal Reserve’s sentiment prior to its November meeting? Does it impact you?

We are in the quiet period here in the United States where the Federal Reserve conducts its media blackout prior to its next Federal Open Market Committee meeting. The markets are expecting at least one more change in the federal funds rate, the rate at which member banks lend each a portion of the reserves … Continue reading What is the Federal Reserve’s sentiment prior to its November meeting? Does it impact you?

October 19, 2023

Interbank market: At 11: 56 pm EST, no change in the 30-day Federal Funds Futures …

The data … 30-day Federal Funds Futures: 94.55 Interest on Reserve Balances: 5.40% Discount Window: 5.50% Effective Federal Funds Rate: 5.33% U.S. Treasury 10-year bond: 4.91% The takeaway … Between August 2022 and August 2023, the U.S. monetary base has fallen 2.36%. The monetary base is comprised of currency in circulation and reserve balances. Currency … Continue reading Interbank market: At 11: 56 pm EST, no change in the 30-day Federal Funds Futures …

October 15, 2023

Market makers: How do you extract energy from the economy?

How do you as a market maker extract energy from the political economy? First, under your role within the State. You are the State. Bankers, lawyers, traders, and commodities owners and producers are the State. Within this group is held the philosophy and narrative for the extortion of the underlying political economy. When I say … Continue reading Market makers: How do you extract energy from the economy?

September 19, 2023September 19, 2023

Just how much does it take to retire?

From a political standpoint, this narrative is far more powerful than anything either Republicans or Democrats can come up with. Can the U.S. government subsidize the shortfall in capital accumulation that a pensioner will need to sustain themselves? This is the question often overlooked as America moves closer to mid-century. Continue reading Just how much does it take to retire?

September 7, 2023September 7, 2023

The lies behind “building wealth.”

Since I was not surrounded by material wealth, I fell for the narrative of career growth, home investing, real estate, business growth, etc. If those approaches worked, by my estimate over 60% of Americans would not be concerned about running out of money before aged 70. So many of us have fallen for that traditional path to material wealth that cynicism toward professional networking events like these is warranted. Continue reading The lies behind “building wealth.”

September 6, 2023

Binary options: We trade expectations …

The energy the trader expends is reflected in her buy/sell behavior. As long as we understand that our homework represents energy expended and later encapsulated in our buy/sell decisions, then we know that we are not merely making bets.

We trade education, encapsulated energy, and expectations. Continue reading Binary options: We trade expectations …

September 5, 2023

I heard you should trade like a central bank. Let’s see what the Federal Reserve trading desks are waking up to on 5 September 2023.

The old adage is that 99% of retail traders fail. I believe that we are failing because we are not good at obtaining and trading the most valuable commodity: information and knowledge. That failure is compounded when we push up against the hourglass of time. Continue reading I heard you should trade like a central bank. Let’s see what the Federal Reserve trading desks are waking up to on 5 September 2023.

August 30, 2023September 4, 2023

What interest rates are staring back at the Federal Reserve. 12:26 am EST 30 August 2023.

Fed Funds Futures. 30-Day Federal Funds Futures rate=94.56 Source: CME Group. Federal Reserve Reference Rates. Discount window rate=5.50% Interest on reserve balances=5.40% Effective federal funds rate=5.33% Overnight reverse repo rate=5.30% Source: Board of Governors of the Federal Reserve System. Federal Reserve Bank of New York. Treasurys. 30-year rate=4.29% 10-year rate=4.20% Source: Board of Governors of the Federal Reserve System. … Continue reading What interest rates are staring back at the Federal Reserve. 12:26 am EST 30 August 2023.