Labyrinth Capital

BoE leaves rate unchanged at 5.25%

If you monitor the 3m run rate for core, it can give good indication for cuts so far. You see as it drops below 2%. The central banks still above this level holding rates steady, inc BoE today

Also no brained as to why SNB cut rates when you look at domestic inflation. More cuts gave that impulsive bullish move on $DXY and bear for $CHF pairs. labyrinthcapital.co.uk

BoE policy decision: Not expecting change in rate, neither is market. But likely signals for a cut in Aug based on inflation behaving itself. Likely narrative for sticky services but more services components are normalising which is positive. labyrinthcapital.co.uk

Foreign holdings of US stocks has reached an all-time high allocation of ~60%. In 4 years, the percentage has increased ~15% and exceeds 2000 Dot-com bubble levels. No sign of slowing down. The US holds the monopoly. labyrinthcapital.co.uk

Retail Sales (MoM) (May) +0.1% vs +0.3% Est. Core Retail Sales (MoM) (May) -0.1% vs +0.2% Est.

US stocks have been outperforming international stocks for 16 years running, and by a huge margin. The result: we’re now 3 standard deviations above the mean in terms of historical US outperformance, a record high. Goes to show in terms of investing long term, there is no better place than the S&P500 for returns. labyrinthcapital.co.uk

🔔🚨New Article is Live: “A Fedcoin U.S CBDC is coming” In the US a recent bill passed banning the Fed from creating a Central Bank Digital Currency. This article explains the ins and out of why they have done this, and why this doesn’t prevent the economy from going digital. One of the best articles to date. Like and share: https://medium.com/@LabyrinthCapital/a-fedcoin-u-s-cbdc-is-coming-e74743766502

https://twitter.com/santanszn/status/1801753084416376917?s=46&t=sUb1Ue14tFwZ_zX-6H64Mg Yields and DXY out of sync why do you think that is? What’s given bond buyers confidence at these levels? Look at the date bonds bottomed.