Biden: "There's Going To Be A New World Order"

But what did he mean when he said that? This week, lots of news outlets are beginning to look at the prices at the pump for retail gasoline and diesel. As a result, there has been a sort of renaissance in the media as they are only now beginning to understand the mechanics involved in pricing retail fuels.

Beginning in the Spring of 2000, retailers in certain "out of compliance" states from an emissions standpoint were required to adjust their gasoline formulations to reduce the effects on air quality.

The adjustment comes in a measurement called Reid Vapor Pressure, or RVP. RVP is a measure of how fuel evaporates at a given temperature. For example, summer blend gasolines have a lower RVP to prevent evaporation when temps rise. The goal here is to prevent as much unhealthy ozone as possible and reduce smog. We have all seen it, and this is a way to try and reduce the effects on the environment and help us all breathe better.

To counter this, the Biden administration is pushing to reduce/eliminate fossil fuels from our fuel supply. The concept, while understandable in concept, falls short. Any rational thinking business person considers their market conditions. Are they ready for a transition? Continue reading "Biden: "There's Going To Be A New World Order""

Feds Hawkish Demeanor Puts Pressure On Gold

This week's market participants seemed complacent in regards to the Russian invasion of Ukraine and the current level of inflation. Four of the five trading days this week were characterized as having lower closes than its opening price and lower closes compared to the prior day's closing price.

On Wednesday, when the Federal Reserve concluded its FOMC meeting, gold hit its lowest value with the April futures contract trading to a low of $1895. Although gold recovered from its low, its closing price was the lowest value of closes this week. Thursday was the only day in which gold closed above its open and above the prior day's closing price. Continue reading "Feds Hawkish Demeanor Puts Pressure On Gold"

Bear Market Rally Or Something Else?

The stock market ended the week higher for its best week in over a year. But the question is, is this just a bear market rally, or have we seen the bottom and its blue skies ahead?

The DOW rose 274.17 points or +0.80% to close at 34,754.93, its fifth day of gains to close out the week. The S&P 500 gained +1.17% to reach 4,463.12, and the NASDAQ added 2.05% to end the day at 13,893.84. Both indexes surged for a fourth consecutive day.

On a weekly level, the S&P 500 notched a +6.16% gain, the DOW posted a weekly gain of +5.50%, and the NASDAQ outperformed with a monster gain of +8.18%. These gains helped the indexes post their best week since November of 2020. Continue reading "Bear Market Rally Or Something Else?"

Bond Market Breakdown with Jeff Gundlach

DoubleLine CEO Jeffrey Gundlach, and Capital Wealth Planning CIO Kevin Simpson, join host Melissa Francis, former CNBC, MSNBC, Fox Business, and FOX News anchor, to break down standout trends in the bond markets. Featuring special guest Gary Kaminsky, former vice chairman at Morgan Stanley and former capital markets editor at CNBC.

Watch the full interview and see more bond market breakdowns on Magnifi by TIFIN.

Melissa Francis
Welcome, everyone. Today we're here to talk about Magnifi by TIFIN, a marketplace where you can harness real-time proprietary data to help individual investors and financial advisors find, compare and buy investment products like stocks and ETFs and mutual funds and model portfolios to grow and preserve your wealth.

I'm Melissa Francis. I know a little bit about this subject matter. I am former CNBC, MSNBC, Fox Business and Fox News anchor. And joining us today is investor, legend and founder of DoubleLine Jeffrey Gundlach. Welcome. Thank you so much for joining us. I know on a day when we are watching markets tank, everyone wants to talk to you and get your perspective. I'm lucky enough to have you here and I'm just going to let you go. What's your take on what's happening today?

Jeffrey Gundlach
Well, I think we need to start admitting that we're running into a stagflation situation. The Fed is in a really difficult position because these price spikes are really going to need the Fed to be aggressive if they're serious at all about fighting inflation. And we're starting at such a low rate level relative to an inflation rate that's already seven and a half percent. We have about a 1.7% 10-year treasury. We have Jimmy Carter type of negative interest rates. They're even more negative than Jimmy Carter.
Continue reading "Bond Market Breakdown with Jeff Gundlach"

Cryptocurrency Strategies for 2022

SkyBridge Capital Founder Anthony Scaramucci, CoinShares CSO Meltem Demirors, and Seymour Asset Management CIO Tim Seymour join host Melissa Francis, former CNBC, MSNBC, Fox Business, and FOX News anchor, to delve into the nuances of the digital currency market.

Watch the full interview and see more on crypto, inflation, and interest rates from Wall Street titans on Magnifi by TIFIN.

Melissa Francis
Welcome back to Magnifi by TIFIN. Today, we are talking crypto and the best way to incorporate it into a portfolio. Tim Seymour is CIO of Seymour Asset Management, and Meltem Demirors as chief strategy officer at CoinShares. Welcome to both of you.

Melissa Francis
You guys have both been pioneers in crypto. But before we get to that even, I want to get your reaction to what you heard Anthony Scaramucci say. Well, let's start with crypto. I mean, he says he thinks it's going to get to 100,000 in the next two years. What do you think about that?

Tim Seymour
Meltem, do you want to jump in? I'll jump in. Yeah, I think we've seen a ton of volatility in crypto and Bitcoin markets in in the last, probably five years. So the question of calling where 100,000 is the mark, I think the more important dynamic is that prices are moving higher and that the drawdowns of 20% to 40% seem to be somewhat garden variety. I think we're going to get into this conversation, the fundamentals for owning Bitcoin.

Something I also heard Anthony talking about is the regulatory environment around Bitcoin is something that's actually a friend to the pricing, and despite the decentralized nation and some of the ethos and the existential reasons for wanting to own Bitcoin, and I get it. Defi to the moon, but Bitcoin's going higher.
Continue reading "Cryptocurrency Strategies for 2022"