Historically, Treasury Yields Rise After Fed Chair Nominations
With the time until the next Fed chair arrives at the Marriner Eccles building fast approaching, BofA Hartnett reminds us that 3 months following seven nominations for Fed Chair since 1970 (Burns, Miller, Volcker, Greenspan, Bernanke, Yellen, Powell), yields were up every time (2-year +65bps, 10-year +49bps)... Source: BofA, zerohedge
And there you have it Gold is officially trading above $5,000.
Source : Mohamed El-Erian
Total Returns since inception of the first Gold ETF in November 2004
Berkshire Hathaway $BRK.B: +744% Gold ETF $GLD: +932% Source: Charlie Bilello
I disagree with this headline from CNN
Gold is not rising because of Trump. It is rising because the US has $39 trillion in debt, $2 trillion in annual deficits, 25% of tax revenue goes to interest payments and Congress refuses to stop. They thus need to go through monetary debasement. This is not a bug. It is a feature of the system. And store of values are one of the way to protect purchasing power. By the way, Europe and Japan have similar debt and spending problems. Gold is at record highs against every currency, not just the dollar. Source: Wall Street Mav
The smaller, the better so far in 2026
Source: Bespoke @bespokeinvest
Might be a bit early to say if Truflation works but if it does, this looks pretty good. Here's why Truflation could the "anti-CPI" index disrupting economic forecasting
1. Goodbye Surveys, Hello Big Data 📡 The official CPI relies on manual surveys and "judgmental adjustments." Truflation uses 18 million+ data points in real-time. It scrapes e-commerce APIs, transit data, and housing aggregates every 24 hours. 2. The "45-Day Edge" 🏃💨 Traditional inflation data is a rearview mirror. Truflation acts as a leading indicator, often sniffing out price pivots 45 days before they hit government reports. 3. Censorship-Resistant Math ⛓️ Ever feel like the "official" numbers don't match your receipt? Truflation puts its data on-chain (via Chainlink). It’s immutable. No "seasonal adjustments" or political massaging—just pure, transparent code. 4. The Current Reality (Jan 2026) 📊 While headlines debate the latest "sticky" CPI prints, Truflation’s dashboard often shows a different story: Official CPI: Hovering around 2.3% Truflation: Currently tracking closer to 1.7% The Takeaway: In a world of high-frequency trading and instant supply chain shifts, "monthly" is the new "obsolete." By the way, hashtag#blockchain is the structural backbone of Truflation. While it collects data from traditional sources (like e-commerce sites and retailers), it uses blockchain to ensure that data is verifiable, transparent, and tamper-proof. The ecosystem has its own native token ($TRUF) which handles the "business" side of the data: - Staking: Node operators (the people running the computers that verify the data) must stake tokens as collateral to ensure they provide honest numbers. - Governance: Token holders can vote on things like which new data categories should be added or how the inflation formula should be weighted. - Payments: Users often pay in tokens to access premium, high-speed data streams Source chart: Bloomberg, RBC
In case you missed it... This just happened: "Samsung increases NAND prices by 100%"
Estimates were 33-38% Q/Q growth - Trendforce This is an absolute shock. It's called the "Memory Supercycle" for a reason with $MU, Samsung, and SK Hynix + $SNDK. In simpler terms: That extra 65% increase (from 35% to 100%) is pure, added high-margin profit. If $MU guided for 68.0% gross margins Q2 2026, and we see a 100% NAND hike from 33-38% est, that could bring gross margin projections over 73-75%+. This is a blowout. Source: Serenity @aleabitoreddit
Uranium miners closed at new all-time highs last week. Is the relative trend just getting started
$URA $URNM $SPY Source: Donovan Jackson @TheDonInvesting on X The chart report
