Author: Zulfiqar
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Nvidia Has To Save AI Trade? – 5 Things I Am Watching Today
1. U.S. Economy Is Slowing — But Consumers Are Still Spending U.S. GDP grew at an annual pace of 1.5% in the second quarter of 2026, down from 2.1% in…
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War Of Words – 5 Things I Am Watching Today
1. Canada-U.S. Trade War Is Getting Worse The trade war between Canada and the U.S. seems to be escalating. The war of words is also escalating — primarily from the…
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Trade War And Interventions – 5 Things I Am Watching Today
1. U.S. Treasury Is Trying Curve Control The U.S. Treasury is trying curve control — trying to tame what’s happening with long-term bond yields as the budget deficit soars and…
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This Is Not QE, Right? – 5 Things I Am Watching Today
1. Not QE But Similar The U.S. Treasury just announced that it will be increasing its long-term bond buying. More specifically, it said it will be buying 10-year, 20-year and…
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Nuclear Weapons Will Be Used Soon? — 5 Things I Am Watching Today
1. Everything Is Going to Be Fine, Right? U.S. 10-year yields are at 4.7% — up about 57 bps year-to-date and trending higher. U.S. 30-year yields are at 5.3% —…
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Is Canada the Hottest Investment in Town? — 5 Things I Am Watching Today
1. Canada Is Suddenly Looking Interesting Canadian inflation comes in a little bit higher than expected, with gasoline prices skewing the data a bit. Bond yields reacted a little bit,…
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“Nothing Can Go Wrong” – 5 Things I Am Watching Today
1. Is Demand Destruction Finally Showing Up? U.S. core and headline PPI came in lower than expected. Now, the narrative is being built that inflation could potentially remain tame even…
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Gold, Japan & the “Nothing Can Go Wrong” Trade — 5 Things I Am Watching Today
1. Inflation Subdued U.S. inflation comes in somewhat subdued. Headline inflation was 3.4%, and if you take out food and energy (who needs them anyways), inflation was 2.5%. Next up…
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The Last Time This Happened Was In 2020 And 2009 – 5 Things I Am Watching Today
1. Inflation Is Coming. But How Bad Will It Be? The biggest market-moving data this week will likely be U.S. inflation figures. Wednesday morning, we get U.S. CPI — consumer…
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Shocking Job Numbers – 5 Things I Am Watching Today
1. U.S. Jobs Data Was Shocking U.S. jobs data was “shocking,” to say the least, with a loss of 23,000 jobs in July. While that was the headline noise, May…
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Refined Copper – 5 Things I Am Watching Today
1. Jobs Data Takes Center Stage This Week The biggest economic data this week will be the employment reports out of the U.S. and Canada. Expectations are for a gain…
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Interventions, War, & Markets- 5 Things I Am Watching Today
1. Japan Just Got Even More Interesting The U.S. Treasury has apparently informed banks that it may intervene in the yen market. How would one do that? Sell yen or…
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Japan Intervention, Bond Yields Explode – 5 Things I Am Watching Today
1. Shockwave Out Of Japan The Japanese yen has soared a little over 1.5% in the past 15 minutes at the time of writing — likely to fall harder if…
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Fed Day, Soaring Oil, Markets On Edge – 5 Things I Am Watching Today
1. It’s Fed Day It’s Fed day today. We will likely get an initial move at 2:00 p.m. EST, followed by another as Fed Chair press conference begins at 2:30…
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Calm Before The Fed? 5 Things I Am Watching Today
1. It’s Fed Week While there’s a lot of war and peace deal noise out there, don’t forget that this is also Federal Reserve rate decision week. Wednesday, 2:00 p.m.…