All is quiet as the U.S. prepares for Christmas along with the rest of the Anglo world. Last week I expected the EUR/USD to close above 1.0275 and it did at 1.0494. The current spot rate at 6:11 pm EST is 1.04412. I see one NADEX contract expiring on Friday at 3:00 pm with a … Continue reading I expect the EUR/USD to fall between 1.0288 and 1.0401. Also, Elon needs to tamp it down.
The State extracts, expends, and expands. I do not believe that either Elon Musk or Vivek Ramasawmy gets this concept. The wealth they created in this country is based on this concept; that as the State increases its borrowing costs to fund its expansion, that some of the raised revenues go to contracting with or … Continue reading DOGE: Will it support the currency?
Elon Musk interviewed Republican presidential candidate Donald J. Trump today. It happened around the time of my daily walk, so I admit that the interview was not top of mind for me. I am guessing nothing different was said by the former president based on the lack of change in the buy price of a … Continue reading So, there was an interview of Donald Trump on X today? Sorry I missed it.
A few years back, I read Pierre Boulle‘s classic, “Planet of the Apes (1963).” I had the book sitting on my bookshelf since junior year in high school, ever since disco was still a thing. Fortunately, I kept the book as I moved from the Caribbean to and through the US mainland. Once I started to read it, … Continue reading One of those days where I think artificial intelligence is overhyped …
Lawyers Write the Bets. Bankers Sell the Bets. 