The Taylor Market Report (7/11/23)
Wednesday (7/12) brings the CPI (consumer price index) and Thursday the PPI (producer price index). Then, when nothing happens, the waiting game for the July Fed decision on interest rates begins. There ya go.
The Taylor Market Report (7/4/23)
It happened. Again. First Bitcoin exceeded the price of gold (2017) and now.......ETH is firmly above the shiny metal's price. It's right in front of you; gold has been replaced by the digital asset twins.
The Taylor Market Report (6/27/23)
Breaking the calm of summer with some HUGE crypto news on a BTC ETF & it looks like ETH will be exceeding the price of gold very soon, too. BTC did it back in 2016/2017 & now ETH. Gold is so last 5,000 years ago.
The Taylor Market Report (6/20/23)
Here's a theory. Is the SEC attempting to scare investors and make it extremely difficult to buy bitcoin with the intent to drive them into an ETF? Pretty sure Blackrock contributes to political campaigns. Hmmm!
The Taylor Market Report (6/13/23)
With the debt ceiling lifted the treasury will be offering $1t in new debt. Maybe that's why the fed will hold off on raising rates? So what to do? Before I head back to the pooll, maybe buy a bit more BTC and ETH.
The Taylor Market Report (6/6/23)
La de da. Stocks only go up. What could possibly go wrong? I was involved in the 1987 crash, the dot com bubble and the 2008 financial crisis. I know what can go wrong. Be very cautious & survive (prosper).
The Taylor Market Report (5/30/23)
One would think that with the U.S teetering on the cusp of defaulting on its debt, inflation not going down, economic growth slowing, interest rates rising and the general mood "blah," financial markets would be......doing something. But no.
The Taylor Market Report (5/23/23)
First, to be perfectly clear, THIS WEEKLY REPORT IS NOT AI-GENERATED. You don't need any type of intelligence to know that the financial markets are going nowhere. Summer mode is setting in.
The Taylor Market Report (5/16/23)
Oh, the debt ceiling talks? It's like going to Vegas and playing roulette. Black or red, odd or even. U.S defaults.....markets sell off. Debt ceiling agreement.....markets rally.
The Taylor Market Report (5/9/23)
The Fed is still taking money out of the economy. Credit tightens, real estate suffers, defaults increase and reality sets in. Things are going to get worse. Be prepared.