Money versus Monetary Policy

You Can Buy Love... (But It's Never Been More Expensive) U.S. adults will spend a record $29.1 billion on Valentine’s Day this year, according to estimates published by the National Retail Federation. You will find more infographics at Statista">As Statista's (ironically named) Valentine Fourreau reports, this is up from last year’s $27.5 billion, with U.S. shoppers planning to spend $200 on average per person, up from $189 in 2025. You will find more infographics at Statista According to the NRF, Valentine’s Day was one of the annual events that shoppers tended to splash out the most on last year....

Futures Rise Ahead Of Critical Nvidia Earnings US equity futures are higher into NVDA earnings release after the close, and the risk-on tone in the US yesterday has spread globally with tech giant's earnings a catalyst for maintaining the rally aided by Tech. As of 8:00am ET, S&P 500 futures were up 0.3% as with Nasdaq 100 contracts +0.4%; NVDA is up 0.6% in premarket trading and while blowout results from the company later today may soothe nerves about the AI trade, “even if they have tremendous numbers, we know the...