A Story About Japan, the U.S. Dollar, & Gold

By Michael Reilly | December 21, 2022 |

Investors woke up to a major macro surprise Tuesday morning when the Bank of Japan announced a de-facto rate hike by allowing the yield on their 10-Year Treasury to reach .50%. Although the Bank of Japan (BOJ) didn’t actually raise rates, the net result is the same. What the BOJ did was allow the 10-Year…

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Here’s the Real Catalyst Moving the Market

By Michael Reilly | December 1, 2022 |

There will always be an endless string of news bites telling us why the market is moving in one direction or the other. I’m sure you’ve heard them… It’s interest rates or inflation. It’s Opec, Russia, or the latest crypto crash. It’s not that those things aren’t important… But they tend to be more of…

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