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This week’s McAlvany Weekly Commentary covers a sharp temporary drop in gold as tightening liquidity pressures force selling across the system. David also looks at the energy shock now hitting Asia and Europe, with prices rising 35% to 140% in key areas. He explains why this dramatic counter-trend move in the metals may actually reinforce […]
[MSN] Oil tanker hit off Kuwaiti coast, spill reported as US/Iran war escalates
[AP] Live updates: Trump says US is negotiating with Iran’s parliamentary speaker, who denies talks
[AP] Gulf allies privately make the case to Trump to keep fighting until Iran is decisively defeated
[Bloomberg] Iran Presses Houthis on Red Sea Shipping, Officials Say
[Bloomberg] Iran War Tensions Turn Once-Hot Korean Stock Trade Into Poor Bet
[CNBC] S&P 500 falls alongside tech as oil continues march higher: Live updates
[Yahoo/Bloomberg] Oil Climbs as Trump Threatens War Escalation If No Deal Soon
[Yahoo/Bloomberg] Treasury Yields Fall as Powell Eases Hike Fears: Markets Wrap
[AP] Live updates: Trump says US is negotiating with Iran’s parliamentary speaker
[Yahoo/Bloomberg] Trump Warns Iran of Escalation as US Troops Arrive in Region
[Axios] Powell: Fed yet to decide on whether to "look through" war's impact
[CNBC] Powell sees inflation outlook in check, no need to hike rates because of oil shock
[Reuters] Trump interested in calling on Arab states to help pay for Iran war, White House says
[Bloomberg] Reopening Hormuz Is ‘Easier Said Than Done,’ Starmer Says
[Bloomberg] Here Are the Takeaways From Powell’s Remarks at Harvard
[Bloomberg] IMF Says Iran War Means Higher Prices, Slower Growth Worldwide
[NYT] From Foe to Ally: The S.E.C. Is Now Writing Crypto-Friendly Policies
[WSJ] Powell Says Fed Can Look Past Oil Shock, but Warns Patience Has Limits
[FT] Iranian strike on Kuwaiti power and water plant stokes infrastructure fears
[CNBC] Stocks rise as Trump signals progress in U.S.-Iran war talks: Live updates
[Yahoo/Bloomberg] Growth Jitters Lift Treasuries as Stocks Bounce: Markets Wrap
[Yahoo/Bloomberg] Oil Holds Gain After Trump Threatens Escalation If No Peace Soon
[Yahoo/Bloomberg] Government Bonds Rally Around the World on Slowdown Concerns
[Reuters] Iran calls US peace proposals 'unrealistic', oil rises amid new missile strikes
[Reuters] Iran war volatility strains trading in world's biggest markets
[AP] Live updates: Trump suggests US could take Iran’s Kharg Island
[Axios] Trump threatens to "obliterate" Iran's energy and water infrastructure
[Yahoo/Bloomberg] Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War
[Yahoo/Bloomberg] Trump Claims Iran Gave In to US Demands, Considers Seizing Oil
[Yahoo/Bloomberg] Iran’s Attacks on Gulf Aluminum Plants Threaten Supply Crisis
[Reuters] Fed's faith in anchored inflation expectations may be coming under stress
[Reuters] Bond blues hit Big Tech at the worst time
[Reuters] Russian oil tanker arrives in Cuba as Moscow vows to stand by Havana
[Yahoo/Reuters] WTO suffers fresh blow after reform push hits wall in Cameroon
[Yahoo/Bloomberg] India Forces Banks to Unwind Rupee Bets, Squeezing Short Sellers
[Bloomberg] Bessent Says US to ‘Retake’ Hormuz Strait Control, Eyes Escorts
[Bloomberg] Sustained Iran Missile Attacks Add Pressure on US to Defend Gulf
[Bloomberg] How Yemen’s Houthis Could Worsen the Oil Crunch
[Bloomberg] Credit Market Sours for Energy-Dependent Europe as War Grinds On
[Bloomberg] Emerging Markets Face New Credit-Downgrade Era, S&P Global Warns
[NYT] Private-Credit Wobbles Could Prove Perilous for Trump
[NYT] This Is What Happens When the Gas Runs Out
[WSJ] Trump Weighs Military Operation to Extract Iran’s Uranium
[WSJ] Private Credit’s Exposure to Ailing Software Industry Is Bigger Than Advertised
[WSJ] German Inflation Rebounds on Soaring Energy Prices
[FT] Donald Trump says US could ‘take the oil in Iran’
[FT] Private capital: what are the risks?
[FT] Iran could emerge from the war stronger and more dangerous
[FT] US bets billions of dollars on unproven groups in rare earths deals

This week’s McAlvany Weekly Commentary covers a sharp temporary drop in gold as tightening liquidity pressures force selling across the system. David also looks at the energy shock now hitting Asia and Europe, with prices rising 35% to 140% in key areas. He explains why this dramatic counter-trend move in the metals may actually reinforce […]
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