TMF News and Press, Direxion Daily 20-Yr Treasury Bull 3x Shrs From 03/28/24

2024-03-28 09:35:00 ET Summary In the US 2024 presidential elections, President Biden will stand for re-election, while former President Trump will challenge him. Several notable third-party (or “no-label”) candidates will also be on many state ballots and could prove di...

2024-03-28 02:25:00 ET Summary Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. The decrease in Money Supply occurred in February. February was a very modest drop o...

2024-03-27 11:58:00 ET Summary Growth of the US economy continues to slow, but recession is elusive, though the risk of recession is rising. The outlook for the Fed seems to range from as many as seven rate cuts to as few as three. Growth of the US economy continues to slow, b...

2024-03-27 01:05:00 ET Summary The BOJ’s decision to end negative interest rates is turning out to be a “best possible scenario,” in my view, representing a vote of confidence in the Japanese economy but with extremely gentle normalization in the offing. SNB b...

2024-03-26 20:00:00 ET Summary Today, the Fed released the February money supply data, and there were no unwelcome surprises. M2 continues to shrink relative to the economy, and that's the reason inflation is likely to continue to fall. Currency in circulation, which represent...

2024-03-26 14:15:00 ET Summary We think it's more likely than not that the U.S. avoids a recession in 2024, but economic uncertainty remains high with the economy running at full capacity, household savings diminishing, the labor market slowing down, and the U.S. Treasury yield curve ...

2024-03-26 07:05:00 ET Summary We consider gold bullion and the S&P500 Index to be effectively at opposite ends of an investment seesaw. In the middle of last year, we thought that the low-$3000s for the US$ gold price was a plausible target for the first half of this year. ...

2024-03-26 00:45:00 ET Summary We see falling inflation, nearing interest rate cuts and solid corporate earnings supporting cheery risk sentiment. We tweak our tactical views and stay pro-risk. U.S. stocks hit record highs last week and 10-year yields fell as the Fed stuck with pl...

2024-03-25 11:20:00 ET Summary As the calendar turned to January, however, market participants appeared to start taking their cues not so much from changing inflation and central bank policy expectations, but from updated and improving data on economic growth. Equities rallied eve...

2024-03-25 08:20:00 ET Summary The dollar was up a little more than 1% last week and the short-term trend is on the cusp of changing. Stocks, large and small, had a good week as bonds rallied in the wake of the FOMC meeting. The rally last week was broad based with 10 of 11 ec...