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Druckenmiller Dropped The Biggest 'F' Bomb

May 8, 2024 / 0 Comments

By Michael Every of Rabobank F is for Fed; Biden; Trump; and the 1980s In a sea of lurid, stupid headlines today, it was billionaire investor Stanley Druckenmiller who arguably dropped the biggest F bombs via a TV interview. First: “Bidenomics, If I was a professor, I’d give him an...

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WTI Rises After Crude Draw, Biden Admin Adds Most To SPR Since Dec

May 8, 2024 / 0 Comments

Oil prices are rebounding off overnight lows - once again testing the technical support of the 100-day moving average - after sliding following API's report of across the board inventory builds last night. Oil has been on a downtrend since early April, posting losses in three of the past four...

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Another Trump Trial Derailed: Fani-Donating Judge's Decision To Keep Her On RICO Trial Under Scrutiny By Appeals Court

May 8, 2024 / 0 Comments

One day after former President Donald Trump's classified documents trial was postponed indefinitely after we learned that the DOJ mishandled evidence in the case (with Judge Aileen M. Cannon citing a mountain of 'outstanding' pre-trial matters that would make a May 20 trial 'imprudent'),...

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Forward Guidance: The Fed Sounds Like A Wizard Reading Chicken Bones

May 8, 2024 / 0 Comments

Authored by Mike Shedlock via MishTalk.com, Stanley Druckenmiller says the Fed should get rid of forward guidance and just do their job. I totally endorse a view by Stan Druckenmiller, the Fed Should Stop Forward Guidance. Partial Video Transcript Squawk Box: I’ve been perplexed about...

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