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How should traders position themselves in a split political environment?

NPR’s Ashley Lopez today published a piece discussing the possibility of neither Donald Trump or Kamala Harris receiving the required 270 votes from the Electoral College to be declared President-Elect. Ms. Lopez describes the process where if neither candidate receives the minimum 270 votes, then it would be up to at least 26 congressional delegations … Continue reading How should traders position themselves in a split political environment?

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Should we look at a mortgage like a forward contract?

Just finished watching an insightful interview between Todd Sachs and Danielle DiMartino Booth via YouTube. Ms. DiMartino Booth is a renowned market analyst and commenter who brings an insider’s perspective to activity in the financial markets and the effectiveness of monetary policy. Ms. DiMartino Booth expressed concern about how home purchases used to be about … Continue reading Should we look at a mortgage like a forward contract?

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When it comes to inflation, those Europeans are violent …

For merchants entering forward contracts for their international trade, they should keep in mind that markets, overall, are not too concerned about who wins the U.S. presidency, especially given the good odds that the Congress will be split and that whoever is chosen as Treasury secretary will likely maintain the U.S. policy of a strong dollar. Continue reading When it comes to inflation, those Europeans are violent …

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Taking a another look at defining gross domestic product.

Should gross domestic product in part be a function of consumption? Professor Dave Collum argues that consumption is something you do after you have produced wealth; after you have produced something. My take on his position is that gross domestic product (output) would be equal to investment (capital) plus energy and effort. Expanding on Professor … Continue reading Taking a another look at defining gross domestic product.

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Jamal Hollingsworth Returns as CEO of Top Tier Trader, Poised to Lead the Company into an Exciting New Era

Miami, FL – SEPT 30, 2024 – Top Tier Trader, a leading name in the proprietary trading industry, is excited to announce that Jamal Hollingsworth, the company’s visionary founder, is returning to the role of CEO after a brief tenure as President. Hollingsworth’s return comes at a pivotal moment for the firm, solidifying TopTier Trader’s … Continue reading Jamal Hollingsworth Returns as CEO of Top Tier Trader, Poised to Lead the Company into an Exciting New Era

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I don’t expect the EUR/USD to exceed 1.1168 by weekend. That could change, of course.

I don’t expect the EUR/USD to exceed 1.1168 by 3:00 pm Friday, 4 October 2024. My initial assessment is based on the German bund 10-year yield of 2.135% and a U.S. 10-year bond yield of 3.756%, per MarketWatch. Per X-rates.com, the current EUR/USD is 1.1166 as of 9:59 pm EST. (Interested in proprietary trading? Determine … Continue reading I don’t expect the EUR/USD to exceed 1.1168 by weekend. That could change, of course.