There is no day now when we do not hear from either Lutnick, Bessent, or Trump himself a verbal broadside towards the Federal Reserve, where, let’s not forget, Donald Trump himself nominated the chairman. Why so much beef against Jerome “Burns” Powell? According to them, the FED should be cutting...| JustDario
It’s summer, and many traders are already enjoying their holidays and stock portfolio gains, which are growing every passing day, regardless of the circumstances. No matter that the underlying economies are falling more and more into a dark hole, a larger number of people are struggling to make ends meet,...| JustDario
This year alone, the total CAPEX on AI infrastructure from Big Tech companies is expected to reach 330 billion $, with Microsoft accounting for more than one-third of it, as per the latest results and projections. Where is all this money going to be spent? To buy chips and build...| JustDario
Deutsche Bank just reported earnings for its Q2-25 and, of course, everything is awesome! Needless to say, Wall Street expectations have been beaten across the board. As I write, the stock is trading 6% higher on the day. As usual, everyone read the press release, and no one took the...| JustDario
Q2-2025 earnings season for banks officially started with, what a surprise, JP Morgan, Citigroup, and Wells Fargo all beating Wall Street analysts’ expectations and once again bagging fat profits. Traders, though, aren’t so impressed so far with JPM and Citi trading flat while WFC is down 6% on the day... The post FOR ANOTHER QUARTER, BANKS WILL BE ALLOWED TO PRETEND EVERYTHING IS AWESOME appeared first on JustDario.| JustDario
The Turkish Lesson Turkey’s economic collapse didn’t happen by accident—it was the result of deliberate policy choices that ignored economic fundamentals in favor of political doctrine. For years, President Erdoğan pursued a radical economic experiment that became known as “Erdoganomics”. This strategy was built on the belief that high interest...| JustDario
Almost 10 months ago, I wrote the article “MOUNTING SIGNS OF LIQUIDITY PROBLEMS AMONG LARGE US AND UK BANKS” to highlight several elements pointing toward a buildup of liquidity problems in the banking sector. Three elements were particularly noteworthy at the time: Last week, something very interesting happened again: banks...| JustDario
The Federal Reserve just released the results of its 2025 round of stress testing on 22 major US banks, and personally, I have never come across something more ridiculous and hypocritical. Let’s start with the fact that the FED itself admits how it found it appropriate to make this year’s...| JustDario
More than 2 months ago in “TARIFF WARS: A NEW HOPE” and “TARIFF WARS: THE EMPIRE STRIKES BACK” I correctly made sense of the overall tariffs mess at the time, but I made a mistake too: I overestimated President Trump’s commitment to do the right thing in the interest of...| JustDario
More than one year ago in the article “IS THIS HOW BANKS ARE CONCEALING THEIR LOSSES ON SILVER SHORT POSITIONS?” I first tried to bring attention to several anomalies happening in the Silver market that could only be explained by active price manipulation activities on LBMA and COMEX contracts. Why...| JustDario