Goodbye, Powell! Amid domestic and global uncertainties, Kevin Warsh officially took over the Fed on May 22. He said at his inauguration ceremony that he would “lead a reform-focused Fed” and emphasized his commitment to taming inflation. Today, with oil prices still hovering around $100, Warsh faces huge challenges. The whole market is watching how…
How Long Will This Memory Chip Rally Last?
The S&P 500 and Nasdaq hit another new high, but the Mag 7 can barely push higher. Memory chips are driving this current stock market rally. Starting last September, DRAM prices have tripled! Microsoft and META, on the other hand, keep underperforming the broader market. Higher upstream costs are eating into these companies’ profits. Anyone…
Kevin Warsh Hearing: Is the Fed About to Change?
Every trader lives under the same sky. That sky is the Federal Reserve. In about half a month, Jerome Powell will step down. The likely successor is Kevin Warsh. Young, ambitious, and ready to make a mark. As the saying goes, a new leader brings new changes. And Warsh is not holding back. He is…
Whose Throat is the Strait of Hormuz Gripping?
The Strait of Hormuz is closed yet again! No one even knows how many times this has happened: open, close, close, open. The market has long grown numb, quietly watching the performance between the U.S. and Iran. Still, some curious people always ask: Many people’s understanding of the Strait of Hormuz still stops at it…
Where Is the Market Heading: Interpretation of March CPI and NFP Data
As we move into mid-April, the market is still shrouded in uncertainty. The negotiations between the U.S. and Iran have been full of twists and turns, with market sentiment swinging between excitement and disappointment. Two major data, CPI and nonfarm payrolls, have also come out, with one below expectations and the other exceeding expectations. So,…
How Will the US-Iran War End, and What’s Next for Markets?
Markets finally got some good news. Stocks, gold, and silver are rallying because both the U.S. and Iran are showing signs of easing tensions. Trump said he may withdraw troops within “two to three weeks,” claiming that “the objective has been achieved.” Meanwhile, Iranian President Pezeshkian stated that they have a “genuine willingness to end…
Lessons from History: Stagflation in the 1970s
The conflict between the U.S. and Iran is escalating, with no sign of easing. Iran has once again proven to be a “tough nut” in the Middle East, far from easy to break. Iran’s real weapons are not jets or tanks. They are the economy, the Strait of Hormuz, energy, and inflation. In recent months,…
Will the Economy Crash: War, Oil, and the Return of Inflation
The only thing we can be certain of is that, with oil prices rising, the dream of a rate cut has been shattered.
Oil Prices Surge: Watch These Two Opportunities
Stocks sank again. Did something happen again? According to Radio Canada International (RCI), on the 12th day of the U.S.–Iran war, at least three ships were attacked in the Strait of Hormuz. Wasn’t the United States supposed to escort ships? Where are they? If the situation gets out of control and oil prices keep rising,…
The US–Iran War: Go Long This Asset
T he opportunities are not limited to gold and oil. In fact, another asset may be a more certain and longer-lasting opportunity.