Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
…
continue reading
Inhoud geleverd door Kerry Lutz. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Kerry Lutz of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Player FM - Podcast-app
Ga offline met de app Player FM !
Ga offline met de app Player FM !
Everyone is Waiting for Fed Day — Nick Santiago 9-20-23 #527
MP3•Thuis aflevering
Manage episode 377484022 series 3281026
Inhoud geleverd door Kerry Lutz. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Kerry Lutz of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
1. Today is Fed day. Later at 2pm EST the FOMC will announce its interest rate policy for the United States. They are expected to keep the fed funds rate unchanged at 5.25 to 5.50%. Once again, verbiage will be important and can move markets.
2. Bond yields are backing off this morning and that is certainly helping the major stock indexes. Yields have been steadily rising and that is ultimately problematic for the Fed. Today, the 10-year note yield is at 4.33%, down 3 basis points. The more important 2-year yield is at 5.06%, down 5 basis points. Remember, should the 2-year yield start to climb back up into the fed funds rate the fed will have a major problem. At the moment, the fed has some wiggle room and can pause.
3. Oil is down ticking a little today after surging to $93.74 a barrel yesterday. High oil prices are a direct tax on the consumer so this must be watched closely.
Natural gas is pulling back as well after having a couple of strong sessions.
4. Gold will likely be in play after the FOMC announcement. If the fed sounds dovish, gold should act well. On the other hand, if the fed sounds hawkish and the market believes the fed then gold will likely pullback. One thing is for sure, it will be a mover after the announcement.
5. Bitcoin is flat on the flatish side today. The daily chart has had some bounces recently, but the weekly chart is bearish.
Visit Nick's site: https://InTheMoneyStocks.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
…
continue reading
2. Bond yields are backing off this morning and that is certainly helping the major stock indexes. Yields have been steadily rising and that is ultimately problematic for the Fed. Today, the 10-year note yield is at 4.33%, down 3 basis points. The more important 2-year yield is at 5.06%, down 5 basis points. Remember, should the 2-year yield start to climb back up into the fed funds rate the fed will have a major problem. At the moment, the fed has some wiggle room and can pause.
3. Oil is down ticking a little today after surging to $93.74 a barrel yesterday. High oil prices are a direct tax on the consumer so this must be watched closely.
Natural gas is pulling back as well after having a couple of strong sessions.
4. Gold will likely be in play after the FOMC announcement. If the fed sounds dovish, gold should act well. On the other hand, if the fed sounds hawkish and the market believes the fed then gold will likely pullback. One thing is for sure, it will be a mover after the announcement.
5. Bitcoin is flat on the flatish side today. The daily chart has had some bounces recently, but the weekly chart is bearish.
Visit Nick's site: https://InTheMoneyStocks.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
558 afleveringen
MP3•Thuis aflevering
Manage episode 377484022 series 3281026
Inhoud geleverd door Kerry Lutz. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Kerry Lutz of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
1. Today is Fed day. Later at 2pm EST the FOMC will announce its interest rate policy for the United States. They are expected to keep the fed funds rate unchanged at 5.25 to 5.50%. Once again, verbiage will be important and can move markets.
2. Bond yields are backing off this morning and that is certainly helping the major stock indexes. Yields have been steadily rising and that is ultimately problematic for the Fed. Today, the 10-year note yield is at 4.33%, down 3 basis points. The more important 2-year yield is at 5.06%, down 5 basis points. Remember, should the 2-year yield start to climb back up into the fed funds rate the fed will have a major problem. At the moment, the fed has some wiggle room and can pause.
3. Oil is down ticking a little today after surging to $93.74 a barrel yesterday. High oil prices are a direct tax on the consumer so this must be watched closely.
Natural gas is pulling back as well after having a couple of strong sessions.
4. Gold will likely be in play after the FOMC announcement. If the fed sounds dovish, gold should act well. On the other hand, if the fed sounds hawkish and the market believes the fed then gold will likely pullback. One thing is for sure, it will be a mover after the announcement.
5. Bitcoin is flat on the flatish side today. The daily chart has had some bounces recently, but the weekly chart is bearish.
Visit Nick's site: https://InTheMoneyStocks.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
…
continue reading
2. Bond yields are backing off this morning and that is certainly helping the major stock indexes. Yields have been steadily rising and that is ultimately problematic for the Fed. Today, the 10-year note yield is at 4.33%, down 3 basis points. The more important 2-year yield is at 5.06%, down 5 basis points. Remember, should the 2-year yield start to climb back up into the fed funds rate the fed will have a major problem. At the moment, the fed has some wiggle room and can pause.
3. Oil is down ticking a little today after surging to $93.74 a barrel yesterday. High oil prices are a direct tax on the consumer so this must be watched closely.
Natural gas is pulling back as well after having a couple of strong sessions.
4. Gold will likely be in play after the FOMC announcement. If the fed sounds dovish, gold should act well. On the other hand, if the fed sounds hawkish and the market believes the fed then gold will likely pullback. One thing is for sure, it will be a mover after the announcement.
5. Bitcoin is flat on the flatish side today. The daily chart has had some bounces recently, but the weekly chart is bearish.
Visit Nick's site: https://InTheMoneyStocks.com
Visit Kerry at: https://FinancialSurvivalNetwork.com
558 afleveringen
Alle afleveringen
×Welkom op Player FM!
Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.