Trade Secrets
Trade Secrets
August's crypto rally took a breather this week as Fed Chair Warsh's first speech at the Jackson Hole summit reversed sentiment. After briefly breaking past $80K on three attempts, BTC pulled back as Warsh kept a September rate hike on the table, pushing market-implied odds to ~60%.
Trade Secrets
US Stocks open broadly higher after August nonfarm payrolls smash expectations — 162,000 jobs added versus the 53,000–56,000 consensus — slashing September rate hike odds back toward 50/50 from the near-certainty that had built after Warsh's Jackson Hole speech
Trade Secrets
US Stocks open flat to mixed on the penultimate session before the long Labor Day weekend as Snowflake's 24% surge and Dell's blowout echo across the software tape while Broadcom's guidance miss and HPE's margin warning weigh on hardware names
Trade Secrets
US Stocks open mixed as Dell's extraordinary earnings triple — adjusted EPS of $7.04 versus the $4.91 estimate on revenue up nearly 60% year-on-year — collides with the weakest ADP private payroll print since January
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US Stocks open September under pressure as two oil tankers — one Saudi, one South Korean-owned — were struck by projectiles in the Strait of Hormuz overnight in the latest sign the six-month Iran war is locked in an unbreakable stalemate
Trade Secrets
US Stocks open lower to close out August as Warsh's unexpectedly hawkish Jackson Hole debut pushes September rate hike odds above 60%, oil surges back above $90 on renewed US-Iran strikes, and gold slides $50
Trade Secrets
I hope you’ve had a chance to see Warsh’s speech at Jackson Hole. After all, it was his first as Fed chairman. A lot of people view it as a waste of time, but I find the Fed fascinating.
Trade Secrets
US Stocks open split to close out the week as Wall Street holds its breath for Fed Chair Kevin Warsh's 10:00 a.m. ET Jackson Hole keynote — his first as chair and the most anticipated Fed speech since Warsh took over in June
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The US Treasury announced an expansion of its liquidity support buyback operations for longer-dated securities, doubling the programme from $2 billion to at least $4 billion.
Trade Secrets
US Stocks open broadly higher as Nvidia's 15th consecutive earnings beat — revenue of $96.2 billion up 106% year-on-year and fiscal 2028 guidance implying 70% growth — reignites the AI trade and pushes Nasdaq-100 futures up 0.9%
