TMF News and Press, Direxion Daily 20-Yr Treasury Bull 3x Shrs From 04/11/24

2024-04-11 05:00:00 ET Summary Core services CPI jumped by 5.6% annualized in March from February. Core CPI, which excludes food and energy, rose by 4.4% annualized in March from February, the same increase as in February. The Fed has been in desperate search of confidence tha...

2024-04-11 04:10:00 ET Summary The likelihood of cuts between July and October is slim because the election is too close and the pace of change is slower than can justify cuts by then. We’ve made tremendous progress in the fight against inflation. Headline CPI has come down...

2024-04-11 00:04:00 ET Summary US inflation came in at 0.4% MoM for the third consecutive month, more than double the rate we need to consistently hit to bring inflation down to 2% YoY. Expectations for a June Federal Reserve interest rate cut have collapsed, with the higher for l...

2024-04-10 12:30:00 ET Summary Perceptions change with each new data point and each new comment from central bankers. I believe June is the month to watch. I expect the US Federal Reserve, the Bank of Canada, and the European Central Bank to cut rates in June, and the Bank of Engl...

2024-04-10 01:25:00 ET Summary The Fed will have to keep interest rates high to meet its inflation target but give up on maintaining financial stability, or else it can cut interest rates to stabilize the financial system. The Fed’s predicament stems from the fact that it k...

2024-04-09 19:30:00 ET Summary While the NFIB index was expected to tick up to 89.9 from 89.4 in February, it instead dropped to 88.5. That is the weakest reading since December 2012. Of the inputs to the Optimism index, only two rose month-over-month. Of those falling categories,...

2024-04-09 11:25:24 ET Summary Inflation is inevitable in the long term, and investors should prepare their portfolios for this environment. The current economic situation shares similarities with the period spanning from the Roaring Twenties to World War II. Gold, oil, and Bi...

2024-04-09 06:00:00 ET Summary During the March FOMC meeting, the Committee held its target rate range constant at 5.25-5.5% and released a new Summary of Economic Projections, which reaffirmed that it expected to make three rate cuts in 2024. Since that meeting, it appears that t...

2024-04-09 03:30:00 ET Summary The consensus outlook is still projecting that the Federal Reserve will trim its target interest rate by the end of the year. As economic growth endures and energy prices rise, market sentiment is pricing in fewer cuts. Some analysts are now sayi...

2024-04-09 01:11:00 ET Summary The glories of high-frequency trading were on full display last Thursday as the S&P 500 turned a 1% gain into a 1.2% loss for the day. It was all about the noise - the potential for a good jobs number being bad news for the prospects of a rate cu...