DOGE Layoffs Hit, But Still No Significant Change In Initial Or Continuing Jobless Claims
Mortgage applications declined for the third straight week (but are still 20% higher than one year ago), and prospective buyer traffic remains paltry.
Domino's Pizza Shows Strong Q3 FCF - But DPZ Stock Is Still Cheap
DPZ stock still looks undervalued, and its target price is 19% higher at $498 per share. Shorting out-of-the-money puts and buying in-the-money calls are good ways to play this.
Rethinking Safe Havens: Exploring Euro And Sterling Bonds Amid U.S. Uncertainty
Market participants are increasingly turning to other regions, including the euro and sterling bond markets, which are gaining traction as alternatives for market participants seeking stability and value in today’s shifting landscape.
38 Percent Of Home Builders Cutting Prices, 68 Percent Offer Incentives
But incentives and price cuts are not helping buyer traffic.
Deflation?
The economy currently shows signs of strength, with rising commodity prices, inflation trending upward, and bond yields hovering near 5%.
Gold Softens After Record Rally But Remains On Track For Ninth Weekly Gain
Gold hits another all-time high near $4,380 before slipping below $4,300.
Macro Briefing - Friday, Oct. 17
Bitcoin’s correlation with U.S. stocks (S&P 500) has been rising recently, raising questions about the cryptocurrency’s value as a diversification tool for portfolio strategies.