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Mostly sunny, breezy and warm days are ahead for Acadiana until our next weather system approaches the area late Thursday into Friday, which will bring our next elevated chance of showers and thunderstorms.
That was quite a day. The tech wreck continued, leading the drop in stocks. Commodities did the unthinkable and tumbled on the day but Gold and Cryptos gained as the dollar dumped into the red for the year... Source: Bloomberg Dallas Fed's Kaplan warned that he was "cognizant of excess risk-taking in financial markets". Maybe turn the taps off then? ðŸ'¦ Monetary policy since March 2020.. pic.twitter.com/kPgQXol3VJ " PiQ (@PriapusIQ) May 10, 2021 The Dow topped 35k for the first time ever but was unable to hold gains and ended its win streak at 5 days. The US cash open sparked panic-s...
Authored by Charles Hugh Smith via OfTwoMinds blog, But weirdly, and irrationally, bubbles pop anyway. At long last, the moment you've been hoping for has arrived: you're pitching your screenplay to a producer. Your agent is cautious but you're confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you're off and running: Writer: Two guys start a cryptocurrency as a joke to parody the crypto craze, and they name it KittyCoin. It goes nowhere but then the greatest speculative bubble of all time takes off, it's the dot-com and housing bubble times...
Gasoline futures jump to highest in nearly 3 years on pipeline cyberattack (SPY +0.1%). U.S. Covid cases down 30% over past two weeks and the dollar is sliding after the 'horrible' April jobs report. Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. The Future Of U.S. LNG: Only The Biggest Will Survive Liquefied natural gas was a big...