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Where Have Dollar Buyers Gone?
Yesterday, President Donald Trump’s statements about new trade tariffs were largely ignored by dollar buyers. However, risk-asset sellers were also notably absent. During his speech, Trump announced that he would likely impose tariffs on imported cars, semiconductors, and pharmaceutical products, with rates expected to be around 25%. These tariffs are likely to take effect on…
Thursday: Unemployment Claims, PPI
by Calculated Risk on 8/13/2025 07:30:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for initial claims to increase to 228 thousand from 226 thousand last week. • Also at 8:30 AM, The…
Nvidia earnings beat won’t stop the slide, but the Fed just might – Fat Tail Daily
I used to watch CHIPS… Nas, Illmatic, Half-Time Markets remain rough out there. And all eyes are on the Nvidia earnings to come on Wednesday, US time Word on the street is that it’ll be another earnings beat for the monolithic chip-maker. That might be enough to give a sliding market a brief sugar hit….
Mag Seven Goes Bafooey – Fat Tail Daily
One of the most puzzling features of the 21st century is the almost total failure of its new technology… along with astonishing prices for the companies that produce it. Last year, the Visual Capitalist reported that the Magnificent Seven were worth nearly $16 trillion: ‘Since 2012, the first year all seven companies were public, the…
