Thursday, May 16, 2024

🔸 US Federal Deficit Adjusted For Inflation

 ðŸ”¸ US Federal Deficit Adjusted For Inflation



🔸 China's Selling of Treasury & US Agency Debt Hits a Record Level

 ðŸ”¸ China's Selling of Treasury & US Agency Debt Hits a Record Level

 ðŸ”¸ China is selling its US Debt holdings in order to finance its large purchases of gold.



🔸 The NY Fed stated that Americans are preparing for mortgage rates as high as 10%

 ðŸ”¸ The NY Fed stated that Americans are preparing for mortgage rates as high as 10%



Copper Update

Copper futures hovered below $4.40 per pound on Friday and were on track for a weekly drop of around 24%, pressured by a surprise US tariff ...