The Dollar Bugs Head For Cover!

A Pfennig For Your Thoughts June 3, 2019 * FSOC meeting spooks the markets and sends the dollar reeling… * An addition Trade War begins with Mexico… Good Day… And a Marvelous Monday to you! And Welcome to June! Pfennig Tradition calls for: June is busting out all over, all […]

China To Suspend Rare Earth Minerals To The U.S…..

A Pfennig For Your Thoughts May 30, 2019 * Dollar bugs bask in the sunlight of a flight to safety… * German Unemployment rises in May for first time since 2013… Good Day… And a Tub Thumpin’ Thursday to you! Our Blues evened the best of 7 series known as […]

JPMorgan Says U.S. Economy Is Deteriorating….

A Pfennig For Your Thoughts May 29, 2019 * The dollar recovers its losses from Friday… * Midwest rains are cause for concern… Good Day… And a Wonderful Wednesday to you! Our Blues get back on the ice tonight in Boston, and try to tie up the best of seven […]

Cold Hard Facts Of The Problems With A Trade War

A Pfennig For Your Thoughts May 28, 2019 * Currencies rebound on Friday, but give back some gains yesterday! * Durable and Capital Good Orders both print negative in April… Good Day… And a Tom Terrific Tuesday to you! I hope you all had a wonderful weekend, that ended yesterday […]

Do Central Bankers Read The Pfennig?

A Pfennig For Your Thoughts May 23, 2019 * The broken record says… “Another day, another day of dollar strength” * Happy Birthday, Braden Charles Butler! Good Day… And a Tub Thumpin’ Thursday to you… I had a much better day yesterday with regards to the pain in my lower […]

Has China Already Begun To Be AWOL From The Auction Window?

A Pfennig For Your Thoughts May 22, 2019 * Dollar Bugs still rule the roost… * Blues Win! Good day… And a Wonderful Wednesday to you! I’m still feeling the wrath of cellulitis in my leg, but for right now, it seems to be bit better… Blues Win! Blues Win! […]

Who Will Buy Our Treasuries, If China Backs Away?

A Pfennig For Your Thoughts May 21, 2019 * Dollar bugs continue to rule the roost… * What’s a nuclear option? Chuck explains… Good Day… And a Tom Terrific Tuesday to you! Tom Terrific and his wonder dog, Mighty Manfred, need to pull Crabby Appleton ( me ) out of […]

May 20, 2019 What’s With All The Saber Rattling?

A Pfennig For Your Thoughts * Dollar bugs continue to hold the conn on the currencies & metals! * Blues Win! Blues Win! Blues Win! Good Day… And a Marvelous Monday! What a great weekend for our Blues, after having game 3 stolen from them by the NHL, the Blues […]

Strong & Robust? Then Why Did Retail Sales & IP Print Negative in April?

A Pfennig For Your Thoughts May 16, 2019 * Currencies rebound, for the most part… * Ruble leads Petrol Currencies higher… Good Day… And a Tub Thumpin’ Thursday to you! I head to my oncologist as soon as I’m finished writing this morning, for her to tell me the results […]

A Turnaround Tuesday For The Dollar…

A Pfennig For Your Thoughts May 15, 2019 * Dollar returns to the head of the class on Tuesday… * Eurozone receives some good 1st QTR GDP, but the euro can’t find a bid… Good Day… And a Wonderful Wednesday to you! My beloved Cardinals opened up in Hot-lanta last […]

Don’t Worry Stock Jockeys, The PPT Will Save The Day!

A Pfennig For Your Thoughts May 14, 2019 *Currencies get stuck in the mud, and don’t move on Monday… * Chuck gets a call from the Fed Chairman! (not really..) Good day… And a Tom Terrific Tuesday to you! Oh what a night! All of St. Louis’ attention was on […]

The Trade War Begins…

A Pfennig For Your Thoughts May 13, 2019 * The dollar bugs finally retreat… * FX traders on trial, but as usual no one will go to jail… Good Day… And a Marvelous Monday to you! I trust all the mothers out there had a grand day… I texted Alex […]

Money Talks… B.S. Walks…

A Pfennig For Your Thoughts May 9, 2019 * The dollar is back in charge this morning… * Trade Talks are failing miserably… Good Day… And a Tub Thumpin’ Thursday to you! I’m laying low for a couple of days to make certain my problems with my stomach don’t return… […]

How Much Smaller Is That Soup Container These Days?

A Pfennig For Your Thoughts May 8, 2019 * the dollar begins to feel the pinch of failed Trade Talks… * Chuck talks about how Gold is a Store of Wealth… Good Day.. And a Wonderful Wednesday to you! Blues win, Blues Win… Blues Win! Ok, in case you didn’t […]

What Will The Fed Do Now?

A Pfennig For Your Thoughts May 6, 2019 * Jobs Jamboree sends dollar higher on Friday… * Gold gains and bond boys aren’t buying the jobs report… Good Day… And a Marvelous Monday to you! The rain finally stopped on Saturday afternoon, and on Sunday it was just beautiful outside… […]

The Markets Didn’t Get What They Wanted From The Fed…

A Pfennig For Your Thoughts May 2, 2019 * The Fed says the U.S. economy is “solid”… Really? * Chuck talks economics, and brings Hy Minsky into the conversation today! Good Day and a Tub Thumpin’ Thursday to you! I had a nice evening as son, Andrew stopped by to […]

It’s A FOMC Day… Is There A Wink & Nod Coming?

Daily Pfennig May 1, 2019 * Euro and Sterling are only real movers yesterday… * Big Data Day with the FOMC announcement to finish it off… Good Day… And a Wonderful Wednesday to you! And Welcome to May! it’s May Day! Where’s the Maypole? What was in the water yesterday […]

Eurozone GDP Beats Expectations…

A Pfennig For Your Thoughts April 30, 2019 * Currencies continue to inch higher VS the dollar… * Are the Big Boy new outlets seeing things Chuck’s way? Good Day… And a Tom Terrific Tuesday to you! What a night for me, as both St. Louis teams were playing on […]

What’s The COMEX COT Report Telling Us?

A Pfennig For Your Thoughts April 29, 2019 * 1st QTR GDP is revised upward and Chuck takes exception to its print! * Currencies and metal Traders don’t buy the GDP report! Good Day… And a Marvelous Monday to you! Man have I got a bone to pick with the […]

Currencies Take Another Dive Downward on Wednesday…

A Pfennig For Your Thoughts April 25, 2019 * No more Black Fridays here any longer? * Halleluiah! Gold finally found a bid yesterday! Good Day… And a Tub Thumpin’ Thursday to you! I’ve been pretty tired lately throughout the day, needing a good long nap to get through the […]