Leatherstocking FX

09/06/2024

Tell me who will win the election, and I will tell you the future of finance. And healthcare, and a lot of other things.

03/18/2020

https://www.cmu.edu/tepper/news/stories/2020/february/coronavirus-lecture.html

Interesting lecture, a bit calming if you are worried.

Dr. Amesh Adalja is an infectious disease specialist who has developed government guidelines for similar disease outbreaks in the past.

07/12/2019

Yesterday was one of my favorite dynamics of the markets.

Federal Reserve Chairman Jerome Powell (one of the most powerful financial men in the world, you knew that right?) announced that the economy wasn’t doing well, so stocks went up. What?

The quick explanation is that if the Fed thinks the economy isn’t doing well, they will cut rates. This makes bonds less desirable, so money shifts to stocks and stock go up. But he said the economy was not doing well, so shouldn’t stocks go down?

Do your best!

11/09/2016

The currency markets are not happy with the early election results. The US dollar has lost a percent or two of value vs other major currencies in the past hour.
In general it had been moving up during the day.