A key US inflation report, the consumer price index, won't be released until next week. But here's what private-sector data tells us about inflation in September https://t.co/SB6EB4WGjc ...

ECB Governing Council member Gabriel Makhlouf dismisses concerns about inflation dropping below the 2% target, saying he’s actually more worried that it will come in above that threshold https://t.co/n5pskmRZeS ...

Fed Bank of Boston President Susan Collins said the US central bank should continue lowering interest rates this year to support the labor market, while keeping them high enough to make sure inflation remains in check https://t.co/mHJK4OTk0D ...

Uh the yield on the 10-year back below 4% hitting the lowest level since September 17th. Let's get to senior economics reporter Steve Leeman for the biggest takeaways from the Fed chair. Um is that the oddest couple that you've ever I when I got I looked over and I said that's not that person looks like Kathy Wood. And then I looked closer and I said that is Kathy Wood.Do you know what her Bitcoin uh uh forecast was for. Do you know what price, Steve. No, I don't, Joe.2.4% million by 2000. It It just was th ...

JUST IN: Fed Chair Jerome Powell says he will not comment on Bitcoin or Gold."We think inflation is driven by fundamental supply & demand factors." https://t.co/CThEm09Wcd ...

JPMorgan CEO Jamie Dimon raised the specter of weakening labor market and sticky inflation as his bank reported provisions for credit losses that were slightly higher than expected https://t.co/U2eMXxkdzt ...

Gold Market Analysis - Gold is seen as a viable alternative to the dollar, especially with the acceleration of de-dollarization driven by sanctions and concerns about US fiscal policy [2] - Mainstream investors are starting to participate in the gold market, with major Wall Street banks recommending gold exposure in portfolios [2] - Central banks are expected to continue buying gold, competing with private investors and driving prices higher [4] - The dollar is expected to lose value, with the Federal Reserve cutting interest rates into rising inflation, further driving demand for gold [4] - China's central bank is divesting from US dollars and treasuries, replacing them with gold reserves to establish an independent monetary system [4] - The debasement trade narrative is taking hold as people recognize the flawed nature of CPI and seek assets that retain value [4][5] - Gold investors have outperformed US stock market investors, especially when pricing stocks in gold [3][4] Bitcoin vs Gold - Bitcoin is considered a risk asset correlated with the NASDAQ, while gold is seen as a safe haven store of value [8] - There is a risk of money flowing out of Bitcoin ETFs back into gold ETFs and gold stocks [1][8] - Bitcoin treasury companies may face downside risk and potential liquidation of their Bitcoin holdings [9] US Economic Policy - The Trump administration receives a failing grade (F) on economic policy due to massive government spending and deficits [13] - Tariffs are viewed as taxes that make American industry less competitive [14][15] - The speaker advocates for balanced budgets, debt restructuring, and deregulation to address fundamental economic problems [21][22][25]

Market Trends & Sentiment - Gold's 49% rally over the past 12 months signals potential market trouble ahead, contrasting with bullish equity sentiment [1] - The gold rally reflects increasing fear of stagflation or even recession in the medium term [2] - Gold's performance may reflect deeper concerns that run counter to equity market optimism [2] Economic Factors - Market expects lower interest rates in the future, boosting gold's appeal as a non-yielding asset [1] - Stubborn inflation keeps investors wary as elevated inflation erodes bond yields and purchasing power [1] - Declining deficit to GDP ratio is driven in part by tariff revenue and stronger GDP [1] - A sluggish labor market persists [1]

We'll continue on here with the broader markets. Uh let's bring in Torson Slack. He is Apollo global management chief economist.Joins us here at Post night. Great to see you to um so the market had gotten pretty comfortable right with this idea that the interplay of US economic growth, what the Fed's going to do, the tariff situation being somewhat settled. How do you see this little jolt from Friday and whether it continues.Well, I think this feeds into the broader narrative that we have already for a whil ...

People are buying the dip even when there seems to be profit taking. The problem is the FOMO trade is real. If you see that growth is strong and that things look positive, it's important to stay in the market and follow these moves because there doesn't seem to be any sort of indication or any sort of fundamental data that goes against it.My bigger concern is much more of an overstimulation narrative where the economy pumps up too much and then you start to see inflation uh pop up as well. So upside risk in ...