Some morning charts. Let's start with the weekly U.S. dollar chart. That’s an obvious bounce from important support. How high will it go? This will continue as long as the Fed remains hawkish. Or rather, as long as traders ANTICIPATE more hawkishness from the Fed. This is bearish for precious metals. #CoSoFinance
Bloomberg misses the point about Republican Congressional "oversight." They're not trying to actually accomplish real work. The blunt truth is buried further down in this story; I clipped it for your convenience. #CoSoPolitics https://tinyurl.com/bdz89h67
Are we that surprised, tho? Move over George Santos, it appears that Republican Anna Paulina Luna from Florida allegedly lied about being raised Jewish and her grandfather was actually a fullblown Nazi who fought against the United States #CoSoPolitics https://www.washingtonpost.com/politics/2023/02/10/anna-paulina-luna-republican-biography/
Despite record inflation (& though it may not feel like it), real incomes have increased over the course of the pandemic – especially for those at the bottom of the economic ladder. #CoSoFinance #CoSoEconomics
The easiest way to get a raise remains finding a new job. However, wage growth for job switchers (orange),while still strong at 7.3%, has peaked. Wage growth for those who remain at their jobs (blue) is running at about 5.4%, has also peaked. #CoSoFinance
Cantor Fitzgerald initiates coverage of three cannabis names, with Verano #VRNOF drawing higher rating #cannabis #marijuana #CoSoFinance https://www.marketwatch.com/story/cantor-fitzgerald-initiates-coverage-of-three-cannabis-names-with-verano-drawing-higher-rating-8f9ce0c0
The production cut of 500,000 barrels per day could be a sign that Russia is facing challenges in selling its oil and refined products. .Oil bounced on the news, but is bleeding away its gains. The market seems bearish on oil ... for now. #CoSoFinance #crude #oil https://www.wsj.com/articles/russia-to-cut-oil-production-sending-prices-higher-5697a8e8
Uh oh! Fox News has been caught allegedly hiding documents and personal hard drives of its executives and on air hosts in the 1.6 billion defamation case brought by Dominion. Here’s what happened:
@RealSeanBrodrick Looking at this nonsense through the lens of the idiotic denials of China that they were collecting intelligence and #Putin's ridiculous characterization of his unprovoked and unjustified invasion reveals the real basis for the #GQP playbook
@RealSeanBrodrick Too bad my rep didn’t kick him in the balls.
Check out this article: Is Elon a Russian Asset or just another asshole. https://www.cnn.com/2023/02/09/politics/spacex-ukrainian-troops-satellite-technology
Via Wonkette, some great writing in Rolling Stone about how prominent Republicans were engaging in all the stuff with Twitter that they accused Democrats of doing (that turned out not to be true ) https://www.wonkette.com/twitter-files-trump-chrissy-teigen-pussy-ass-bitchtwitter-files-trump-chrissy-teigen-pussy-ass-bitch
Hunter Biden's Lawyer Basically Tells House Republicans To Get Lost https://www.politicususa.com/2023/02/09/hunter-bidens-lawyer-basically-tells-house-republicans-to-get-lost.html via @PoliticusUSA
In a world gone mad with chaos and blood, one man stands alone against the forces of evil. That man is Sean Brodrick #finance #stocks #resources