March 2, 2023 * currencies & metals rally on Wednesday… * China’s economy rolls out strong… Good Day… And a Tub Thumpin’ Thursday to one and all! Well, March came in like lamb… I sure hope that doesn’t play out like the old saying, for I will be returning home on April Fool’s Day! Another … Continue reading “Spending Money You Don’t Have….”
March 1, 2023 * Currencies & metals rally in the overnight markets! * No Tik-Tok for you! (soup nazi voice! ) Good day… And a Wonderful Wednesday to you! And Welcome to March! Another Chamber of Commerce Day here yesterday greeted my friends, Duane and Rick to S. Florida! The sun rising out of the … Continue reading “Lola Gets A Snag In Her Stockings….”
February 28, 2023 * the dollar buying takes a breather… * Ron Paul adds to the Pfennig today… Good Day… And a Tom Terrific Tuesday to you! The last day of February! Today would have been my closest sister’s 70th birthday… We lost my Barbie doll, to ALS in 2017… Cancer/ ALS has reeked its … Continue reading “The Gov’t Moves The Goalposts Yet, Again!”
February 27, 2023 * currencies & metals get whacked on Friday! * PCE rises in January, showing inflation isn’t going away… Good Day… And a Marvelous Monday to you! What a fantastic weekend I just had! Baseball started again, and to me, that signals a new year! I was treated on Saturday for the first … Continue reading “Waiting For Traders To See The Writing On The Wall…”
February 23, 2023 * dollar buying continues in the overnight markets * Fears of higher rates sends Oil to the woodshed… Good Day… And a Tub Thumpin’ Thursday to one and all… Well, we’re just a couple of weeks away from my spring vacation, and I’m sure you will miss me dearly each and every … Continue reading “Fed Speak Returns, As Powell Confuses The Markets…”
February 22, 2023 * dollar buying continues… * taking away civil liberties… and privacy… and well, everything! Good Day… And a Wonderful Wednesday… I have to say right off this morning, that I’m feel as though I’m missing something, not having the Pfennig Replies box working.. As I told you a week or so ago, … Continue reading “The Carry Trade Returns!”
February 21, 2023 * the dollar buying continues… * Who’s going to buy all the Treasuries that will be issued? Good Day, and a Tom Terrific Tuesday to you! And… It’s Shrove Tuesday! I’ll explain that later today.. Well, how was your holiday weekend? I hope it was grand, because that’s the last 3-day weekend … Continue reading “It’s Shrove Tuesday!”
February 16, 2023 * currencies and metals get whacked on Wednesday * Sudan drops the dollar… Good Day… And a Tub Thumpin’ Thursday to one and all! What an absolute beautiful day here in S. Florida yesterday… I’m told by the weather people on TV that we could experience near record highs the next two … Continue reading “Somebody Else Likes Euros!”
February 15, 2023 * Currencies & metals get sold overnight… * Bond servicing costs keep rising… Uh-Oh! Good Day… And a Wonderful Wednesday to you… Well, did you have a sweet Valentine’s Day? Mine was low key, I did wear a red shirt when we went out for dinner last night! I did sent texts … Continue reading “The Markets Finally Believe The Fed!”