Markets react to Middle East hubbub
Iran and Israel traded missile/drone fire in the last week which could be the beginning of a more serious geopolitical issue with the effects reaching far beyond the Iron Dome, or it could just be another brick in the wall of Middle East scuffles that bring ...
Interest rate daze
Inflation numbers reported this past week showed the Consumer Price Index (CPI) was up 0.4% in March which was higher than expectations and higher than February’s pace putting the annual rate of inflation at 3.5% above last months reported 3.2%. Core (CPI) was up 0.4% as ...
Gold bugs big day
The front month gold future contract reached $2,300/oz this week — a new all-time high and a gain of 11% since the start of the year. To put things in perspective, if you pull up a monthly chart of gold you can see a steady climb in value from the early 2000s that ...
February 2024
— 704 5th St. NE, 1920 single family, Panthers Properties to Lucas Knight, $48,000.
— 1309 7th Ave. NE, 1964 single family, Kenneth and Debra Nelson to Diamond Prospects, $60,000.
— 602 16th St. SW, 2009 single family, Peter Bryan to Buwan LLC, $71,000.
— 1000 20th ...
Cocoa can’t stop, won’t stop
May cocoa futures traded as high as $8,900/metric ton this week, which is more than double the value of where it started the year – an already historically high level. The short supply due to adverse weather impacting the West African nations of the Ivory ...
The March Consumer Price Index (CPI) report covering the month of February was released this week. Core CPI was up 0.4% month on month (MoM) and 3.8% year on year (YoY). That is an increase from the 0.3% shown for the month of January.
Predicting when the FED will pivot and start lowering ...