Tag Archives: Backwardation

US Closure – Strong US PMIs Derail Stimulus Prospects, Biden Selects Yellen, Backwardation, Gold Crumbles, Ethereum Overtakes Bitcoin

[ad_2][ad_1] US equities peaked after flash PMI readings showed the recovery gained further momentum as hiring rose to all-time highs, dampening the prospects for significant fiscal support from Congress. Commercial activity remained strong as news business growth rose to a 30-month high. Domestic demand is driving the recovery and this …

Read More »

Bitcoin in Backwardation (this is fine)

[ad_2][ad_1] Hi everyone, What can I say? The adoption of cryptography by large-scale financial institutions is taking longer than expected, but is still on track. The bear market has certainly caused some hesitation, but today we confirm that things are moving forward as planned. The Wall Street support service, Bakkt, …

Read More »