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Market Data

Druckenmiller Has a Warning: Don’t Mess With Markets

Famed investor Stanley Druckenmiller published a Wall Street Journal opinion piece (Let The Bond Market Speak) on Monday, in which he warns Treasury Secretary Bessent about long-dated bond buybacks. H…

TGA Could Turn a Small Buyback Into a Market Mover

The Treasury General Account (TGA) is Treasury’s cash balance held at the Federal Reserve. Its balance is the net of cash inflows like tax receipts and outflows to pay the government’s bills. On Monda…

Semiconductor Stocks Pressure the S&P 500

The S&P 500 finished the day lower, with semiconductor stocks leading the way. The SMH ETF bounced off the put wall today, which had moved down to $545. I just do not know how long that level will hol…