
Will
21.9K posts

Will
@WClemente
janitor @stix not investment advice, personal opinions which change, etc.






@0xDamien Once the dollar rally is done but right now rest of the world central banks are pricing in hikes and the Fed is pricing in cuts. I don’t think that makes any sense so rate differentials are offside here Need that to reprice before I’m interested in gold again





Today's Capital Risk: Things were looking up for European markets. Then the Iran war started. Plus, a dispatch from the BlackRock summit on how organized labor is learning to love AI, and @vtg2 and @drdesrochers with the latest on tariffs politico.com/newsletters/mo…

In oil, longer-dated contracts have risen relative to near-dated contracts. This has modestly alleviated backwardation without the front month declining...very rare price action in the curve.












