If only Benjamin was around to talk about his love of turkeys today and witness what a turkey in headlights might look like. The Turkish lira (TRY) plunged today and roiled the global equity markets as fear of additional turmoil or contagion sent investors running for...
I hope everyone enjoyed the Super Bowl weekend. Did you get the memo? Following all the events that took place last week, the markets could easily be trumped (pun intended) by what is yet to come. Let’s not drag our brains through all that mud. Instead, take a seat at...
What a day; full of surprises. Trump Team at Davos Backs Weaker Dollar, Sharpens Trade War Talk… “A day before Trump’s scheduled arrival in the Swiss ski resort of Davos for the World Economic Forum’s annual meeting, Treasury Secretary Steven Mnuchin endorsed the...
The positioning of participants in the gold and silver futures market at COMEX is very encouraging at this point. The Commitment of Traders Report provides a weekly update on futures positions of large technical traders, commercials and small traders. Their positions...