U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM ESTS&P 500 futures recovered 4 points following release of revised annualized U.S. fourth quarter 2023 GDP at 8:30 AM EST. Consensus was growth at 3.3% annual rate versus a gain of 4.9% in the third quarter. Actual was growth at a 3.2% rate.Agilent added $7.45 to $140.00 after reporting higher...Read More
Although my focus is on markets rather than politics, it's impossible to forecast markets without understanding what's going on in the political realm. While there are important Senate and House races this year, all eyes are focused on the presidential race likely (as of now) to be between Joe Biden and Donald Trump.A Trump vs. Biden (if he makes it) replay of the 2020 election could be close and...Read More
Yesterday we asked:Which democracy was superior, we asked modern American democracy or ancient Athenian democracy?We slanted in the direction of Athenian democracy.That is because Athenian democracy minded its money.Athenian democracy amassed a handsome budgetary surplus... over which the citizens themselves stood watch.They could have gotten their hands upon this vast amassing. Yet they did n...Read More
Seabridge Gold Inc. announces it has filed a new technical report for its 100%-owned Courageous Lake project in the Northwest Territories that makes the operation "considerably more sustainable and profitable." Read why at least one analyst agrees.Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced it has filed a new National Instrument 43-101 technical report for its 100%-owned Courageous Lake p...Read More
GDXJ declined once again yesterday,but the situation in silver juniors is even worse!Silver Juniors inTroubleYes, it is possible for a market to bein an even worse position than gold junior mining stocks – that’s the case withsilver juniors.To be precise, the GDXJ aims to beexposed to about 80% gold juniors and 20% of silver juniors, but the SILJ ETFaims to be exposed to just silver mi...Read More
The gold miners’ stocksare lagging gold’s strong young upleg, their gains falling behind. Their striking performance gap is undermininggold-stock sentiment, leaving traders even warier of this sector. While definitely vexing, this anomaly has onlyarisen over the past couple weeks. Goldstocks’ precedent during past major gold uplegs implies this will unwind soon,...Read More
(IDEX Online) - Tiffany & Co tops the list of jewlery brands sold on the e-commerce marketplace 1stDibs.Cartier takes second place, followed by Van Cleef and Arpels, Bulgari and David Yurman in the company's first Jewelry Trend Report.The US-based company said Art Deco engagement rings were the most popular (49 per cent of orders) followed by Contemporary, Edwardian, Retro ad Artisan.Roun...Read More
(IDEX Online) - LVMH is the world's most valuable luxury company, based on market capitalization and revenue.That's according to Insider Monkey, the investing website that has just published its top 25, based on a snapshot of their figures from 15 February. The French conglomerate LVMH (Louis Vuitton Moet Hennessy), owns 75 maisons, including eight watch and jewelry brands (am...Read More
(IDEX Online) - Online searches for engagement rings have spiked ahead of Leap Day today - when women traditionally switch roles to pop the question.It's already a busy month for diamond sales because of Valentine's Day, but 29 February increases demand every four years, says eBay UK.The e-commerce giant says there's been a 220 per cent increase in searches for engagement ring...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 5 points at 8:35 AM EST.U.S. equity index futures recovered 22 points following release of January Core PCE Price Index at 8:30 AM EST. Consensus was an increase of 0.4% versus a gain of 0.2% in December. Actual was an increase of 0.4%. On a year-over-year basis consensus was an increase of 2.8% versus a gain of 2.9% in...Read More
At some point, systems flip from being complicated, which is a challenge to manage, to being complex. Complexity is more than a challenge because it opens the door to all kinds of unexpected crashes and events.Their behavior cannot be reduced to their component parts. It's as if they take on a life of their own.Complexity theory has four main pillars. The first is the diversity of actors. You've g...Read More
Never before have so many... owed so much... to so few.We refer not to Mr. Churchill's hosannas to the Royal Air Force concerning 1940's Battle of Britain.We refer instead to the 2024 Battle of Bulls and Bears... to the stock market.Never have so many investors owed so much of their money to so few stocks.That is because a mere spoonful of stocks are hauling stocks to record heights.These stocks...Read More
It's bad enough that Joe Biden is the worst president in US history.That Antony Blinken is a terrible Secretary of State makes matters worse. Secretary of Defense Lloyd Austin can't be bothered to clock in nowadays. Attorney General Merrick Garland leaves no impression he'd have been a great SCOTUS justice, seeing his Department of Justice isn't worthy of its name. And due in no small part to Nati...Read More
mining #lithium #uranium Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: ...Read More
Uranium #mining #nuclearenergy #encore Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: ...Read More
electricvehicle #EV #nickel #mining #resources Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: ...Read More