Where is Edward Quince?

"We think they are days from failure. They think it is a temporary problem. This disconnect is dangerous."

Thursday, May 2, 2024

Daily Economic Update: May 2, 2024

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Refunding announcement showed continued high bill issuance, unchanged from current auction sizes.  JOLTS data showed a large decline in job ...
Wednesday, May 1, 2024

FOMC Recap: "Dark Matter" matters

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  The FOMC maintained their policy fed funds rate at 5.25%-5.50% The statement noted that "there has been a lack of further progress to...

Daily Economic Update: May 1, 2024

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In another data point that dashes rate cut hopes, the Employment Cost Index data from the BLS showed wages and benefits rising at the fastes...
Tuesday, April 30, 2024

Daily Economic Update: April 30, 2024

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 Yields fell 3-5bps as investors await the FOMC and other action this week.  Stocks started off the week strong with Tesla gaining approval ...
Monday, April 29, 2024

Daily Economic Update: April 29, 2024

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FOMC Wednesday with Jobs Day in ‘merica Friday will make for another busy week.  Last week was rocky for equities, but ended up being a stro...
Friday, April 26, 2024

Daily Economic Update: April 26, 2024

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Yesterday's 1Q2024 GDP report was "stagflationary" with lower than expected real growth (1.6% vs. 2.5% estimated) and higher t...
Thursday, April 25, 2024

Daily Economic Update: April 25, 2024

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Sorry, I was busy day-trading NYC restaurant reservations, I hope those gains are going to be subject to Biden's proposed 44.6% capital ...
Wednesday, April 24, 2024

Daily Economic Update: April 24, 2024

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A solid day for stocks with the S&P up 1% in regular trading as earnings season is proving solid. There was Elon optimism after the bell...
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Edward Quince
I needed a pseudonym. An IT specialist suggested Edward Quince. It seemed fine to me. Quince, Edward "QE" go figure
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