Day: January 14, 2025

WallStreetMav: The most recent data for December 2024 is out. The US govt had total revenue (taxes, fees, tariffs) of $454 billion. The US govt paid $140 billion in interest on the national debt.

31% of all govt revenue was consumed by interest payments on the debt. It is actually worse than that. The money revenue and payments for things like social security push up the revenue number, but it is all out the door to recipients right away. If you ignore the social security and unemployment insurance money, the US govt had $317 billion in revenue and paid $140 billion in interest on the national debt. About 44% of all revenue went to interest. submitted by /u/XGramatik [link] [comments]

From the desk of Jim Cramer

CNBC Investing Club – It happens every working morning now, between 4 a.m. and 6 a.m. ET, the adoption of a couple of stocks, hijacked from their closing price and gunned so hard that you have to wonder exactly what kind of game is being played. Some of the time the stocks are oddball biotechs you’ve never heard of. Sometimes they can be stocks with news that we don’t know about yet, typically leaked downgrades or upgrades from brokerage houses. Who insists on getting in some D-Wave Quantum or some Rigetti Computing at 4:12 a.m. in a fashion so aggressive that it looks like they are actually trying to move it up? I have been thinking about this kind of buying ever since I first saw it during the GameStop affair. submitted by /u/FXgram_ [link] [comments]

Only 37%?

submitted by /u/Demblin [link] [comments]

🇯🇵 USDJPY In the Weekly chart, USDJPY broke the global trendline, but is retesting it. The price is consolidating at the resistance, but CCI and MFI are out of the overbought zone.

🇯🇵 USDJPY 📉 In the Weekly chart, USDJPY broke the global trendline, but is retesting it. The price is consolidating at the resistance, but CCI and MFI are out of the overbought zone. Taking into account the news about a possible rate hike in Japan and the imminent inauguration of Donald Trump, a slight decline is possible. submitted by /u/Yuriy_UK [link] [comments]

Gold gains while markets await Trump over the gradual tariff scheme roll out

Gold is still up on the day this Tuesday ahead of the US trading session. Traders are on edge over possible comments from President-elect Donald Trump over gradual tariff implementation. Gold attempts to avoid trading back into a broader-term pennant formation with limited upside. submitted by /u/Demblin [link] [comments]

GBP/USD Price Forecast: Tumbles below 1.2200 after US PPI data

GBP/USD extends downtrend, slipping below 1.2200 after US inflation release. Next GBP/USD support at 1.2136; potential drop to 1.2100 may hit a new year-to-date low. Recovery above 1.2200 needed to challenge the week’s high at 1.2249, further resistance up to 1.2351. submitted by /u/Demblin [link] [comments]