Credit Bubble Bulletin

Presented by Doug Noland since 2012

Credit Bubble Daily
Wednesday, May 7, 2025
[CNBC] Stocks rise on news of upcoming U.S.-China trade talks: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US and Chinese Officials Set to Talk Trade [Yahoo/Bloomberg] Pakistan Stocks Drop, Indian Assets Steady After Military Strike [Yahoo/Reuters] China Keeps Adding Gold to Reserves as Challenges Stack Up [AP] Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth [Reuters] Fed likely to leave rates unchanged as it hunts for clarity on the economy [AP] Top US officials will meet with Chinese delegation in [Yahoo/Bloomberg] Republicans to Pay for Trump Tax Cuts With Sales of Public Land [AP] India fires missiles on Pakistan. Islamabad calls it an ‘act of war’ and says it downed Indian jets [AP] China launches a blitz of policies to help its economy, plans talks with the US on trade [Axios] World leaders call for calm after India strikes Pakistan [Reuters] China injects 'tactical' monetary stimulus ahead of US trade meeting [Yahoo/Reuters] China central bank eases policy ahead of US trade meeting [Yahoo/Reuters] China's capital markets under pressure from U.S. tariffs, regulator says [Reuters] Japan's service sector activity rebounds in April, PMI shows [AP] Friedrich Merz stresses European unity and defense during first trip as German chancellor to Paris [Bloomberg] There’s a $1 Trillion Time Bomb Ticking in Muni Finances [Bloomberg] States, Cities Face Funding Collapse Threat With Trump Cuts [Axios] Where starter homes cost at least $1 million [Bloomberg] Taiwan Investors Retreat From US Bond ETFs After Buying Streak [Bloomberg] Taiwan Currency Shock Splits Insurers on How to Hedge US Bonds [Bloomberg] Xi Fortifies China’s Economy Before First Talks on Trade With US [Bloomberg] What’s Behind the Enduring India-Pakistan Conflict? [NYT] China Agreed to U.S. Tariff Talks but Is Likely to Play Hardball [WSJ] Wall Street Is Watching This Shipping Data to Gauge Tariff Impact [FT] Pakistan vows to retaliate after India launches military strikes [FT] Why India and Pakistan are locked in a new military conflict [FT] The coming Asian FX ‘avalanche’ [FT] China cuts key interest rates to buoy economy [FT] India launches military strikes on Pakistan
Wednesday, May 7, 2025
[CNBC] Stocks rise on news of upcoming U.S.-China trade talks: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US and Chinese Officials Set to Talk Trade [Yahoo/Bloomberg] Pakistan Stocks Drop, Indian Assets Steady After Military Strike [Yahoo/Reuters] China Keeps Adding Gold to Reserves as Challenges Stack Up [AP] Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth [Reuters] Fed likely to leave rates unchanged as it hunts for clarity on the economy [AP] Top US officials will meet with Chinese delegation in [Yahoo/Bloomberg] Republicans to Pay for Trump Tax Cuts With Sales of Public Land [AP] India fires missiles on Pakistan. Islamabad calls it an ‘act of war’ and says it downed Indian jets [AP] China launches a blitz of policies to help its economy, plans talks with the US on trade [Axios] World leaders call for calm after India strikes Pakistan [Reuters] China injects 'tactical' monetary stimulus ahead of US trade meeting [Yahoo/Reuters] China central bank eases policy ahead of US trade meeting [Yahoo/Reuters] China's capital markets under pressure from U.S. tariffs, regulator says [Reuters] Japan's service sector activity rebounds in April, PMI shows [AP] Friedrich Merz stresses European unity and defense during first trip as German chancellor to Paris [Bloomberg] There’s a $1 Trillion Time Bomb Ticking in Muni Finances [Bloomberg] States, Cities Face Funding Collapse Threat With Trump Cuts [Axios] Where starter homes cost at least $1 million [Bloomberg] Taiwan Investors Retreat From US Bond ETFs After Buying Streak [Bloomberg] Taiwan Currency Shock Splits Insurers on How to Hedge US Bonds [Bloomberg] Xi Fortifies China’s Economy Before First Talks on Trade With US [Bloomberg] What’s Behind the Enduring India-Pakistan Conflict? [NYT] China Agreed to U.S. Tariff Talks but Is Likely to Play Hardball [WSJ] Wall Street Is Watching This Shipping Data to Gauge Tariff Impact [FT] Pakistan vows to retaliate after India launches military strikes [FT] Why India and Pakistan are locked in a new military conflict [FT] The coming Asian FX ‘avalanche’ [FT] China cuts key interest rates to buoy economy [FT] India launches military strikes on Pakistan
Tuesday, May 6, 2025
[CNBC] Stocks fall after S&P 500 snaps 9-day winning streak, investors await Fed decision: Live updates [Reuters] 'Asian crisis in reverse' as currencies soar on the dollar [CNBC] Treasury yields hold steady as traders await start of Fed policy meeting [Reuters] US trade deficit surges to record high in March [CNBC] Trump trade tariffs slump widens to ‘nearly all U.S. exports,’ supply chain data shows [Yahoo/Reuters] EU plans tariffs on 100 billion euros of US goods if talks fail, Bloomberg News reports [Yahoo/Bloomberg] Trump, Carney to Meet With $900 Billion Relationship on the Line [AP] Threatened by Trump tariffs, Japan walks a delicate tightrope between US and China [Reuters] M&A deal signing hits 20 year-low after Trump's 'Liberation Day' [Reuters] Taiwanese life insurers' portfolios have billions of unhedged dollars [Yahoo/Reuters] China's services growth hits 7-month low as tariffs bite, Caixin PMI shows [Politico] Germany in turmoil as Merz loses vote to be chancellor. What next? [Axios] Trump's new nationalism [Bloomberg] Taiwan Forwards at Two-Decade Extreme Signal More US Dollar Pain [Bloomberg] One Ship, $417 Million in New Tariffs: The Cost of Trump’s Trade War [Bloomberg] Xi Urges EU to Join Forces Against Unilateralism in Swipe at US [Bloomberg] Trump’s Tariffs Are Already Wreaking Havoc on Holiday Shopping [Bloomberg] Canada’s Goods Exports to US Fall Most in Five Years After Tariffs [Bloomberg] China Services Activity Slips, Adding Risk of Rapid Slowdown [Bloomberg] Xi Heads to Russia on Mission to Weaken US Power on World Stage [Bloomberg] Goldman Says Bear Market Rallies Are the Norm [WSJ] Fed Confronts Lose-Lose Scenario Amid Haphazard Tariff Rollout [WSJ] Canada’s Carney Seeks New Deals From Talks With Trump [WSJ] Republicans Flesh Out Trump’s ‘No Tax on Overtime’ Idea—With Limits [FT] Mark Carney faces trade challenges in crucial meeting with Donald Trump [FT] China’s diplomatic charm offensive [FT] European and Asian carmakers face steep shipping costs to US on top of tariffs [FT] Friedrich Merz fails in initial vote to become Germany’s chancellor
Monday, May 5, 2025
[Yahoo/Bloomberg] US Stocks Fall With Dollar, Crude Oil Sinks: Markets Wrap [Yahoo/Bloomberg] Gold Rises After Weekly Loss Before Fed Rate Decision This Week [Yahoo/Bloomberg] Oil Drops as OPEC+ Supply Surge Threatens to Swamp Global Market [Yahoo/Bloomberg] Taiwan’s Markets Jolted as Currency Surges Most Since 1980s [Yahoo/Reuters] Dollar under water as surge in Taiwan dollar spills over [Reuters] Fed policymakers expected to keep rates steady as tariffs roil outlook [Yahoo Finance] Fed and Powell face 'tug-of-war' with Trump and his tariffs looming [AP] Trump’s trade demands go beyond tariffs to target perceived unfair practices [Axios] Trump says tariffs could be permanent, but strikes softer note on China [Reuters] Trump says he wants a fair trade deal with China' [AP] Trump threatens 100% tariff on foreign-made films [Axios] Buying a home now requires $50K more income than renting [Reuters] The heart of the US oil boom is slowing [CBS] Temu halts China shipments to U.S. as tariff exemption ends [CNBC] China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market [BBC] Trump orders reopening of notorious Alcatraz prison [Reuters] Pakistan tests missile amid India standoff, Moody's warns of economic cost [Bloomberg] US Border Towns Are Being Ravaged by Canada’s Furious Boycott [Bloomberg] Macron Urges US Scientists to Choose Europe After Trump Upheaval [NYT] Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively [WSJ] Collections Coming for Millions of Student-Loan Borrowers [WSJ] Tariffs Threaten Semiconductor Supply Chains, Chip-Equipment Maker Warns [WSJ] Taiwan Central Bank Says U.S. Didn’t Make Forex Demands, Urges Calm as Currency Surges [WSJ] Hedge Fund Goes on Losing Streak After Locking In Investors [FT] ‘Feed the gorilla’: How corporate America fought Trump’s tariffs threat [FT] Bankers urge US companies to use reprieve in market swings to sell debt [FT] The Taiwanese dollar’s torrid rally [FT] Trump has created a chance for the euro to rival the dollar [FT] Why the EU beats Trump at the art of the deal
Saturday, May 3, 2025
[Yahoo/Bloomberg] In Wall Street’s Epic Comeback, Unsolved Market Mysteries Abound [Yahoo/Reuters] Trump says US in transition period, downplays impact of short-term recession [Axios] The biggest winners and losers in Trump's budget [Reuters] US equity funds see outflows for third straight week [Reuters] OPEC+ agrees another accelerated oil output hike for June [Reuters] Hong Kong authority intervenes in market to check local currency's rise [Yahoo/Bloomberg] Global Factories Struggle to Overcome Trump Tariffs, Uncertainty [Politico] Trump’s minerals deal with Ukraine leaves scramble for how to handle Russia [AP] Australia’s Prime Minister Anthony Albanese wins a second 3-year term [AP] Pakistan test fires ballistic missile as tensions with India spike after Kashmir gun massacre [Reuters] Ukraine says it shot down Russian fighter jet from sea drone for first time [NYT] U.S. and China Dig In on Trade War, With No Plans for Formal Talks [NYT] Republicans Wrestle With Trump’s Demands for Tax Cuts [NYT] Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices [NYT] Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions [WSJ] Car Buyers Rushing to Beat Tariffs Find It’s Tougher to Get Financing [WSJ] In Trump 2.0, ‘Free Trade’ Republicans Are a Dying Breed [WSJ] Harvard President Says Any Move to Revoke Tax-Exempt Status Would Be ‘Highly Illegal’ [WSJ] First Canada, Now Australia: The Trump Factor Boosts Another World Leader in an Election [FT] Private equity’s bind should prompt an investor rethink [FT] US ability to defeat China in Taiwan threatened, top Indo-Pacific commander warns
Tactical Short 4th Quarter 2022 Recap
Q4 Review - 2023 Preview

Thursday, January 19, 2023 – 4:00pm Eastern / 2:00pm Mountain

David McAlvany
Doug Noland
Credit Bubble Weekly
May 2, 2025: The Typical and Atypical
May 2, 2025: The Typical and Atypical
April 25, 2025: Hooked on Hedge Fund Leverage
April 18, 2025: Burst Bubble Walking
April 11, 2025: Normal Deleveraging and Trade Wars
Hard Asset Insights
The Uncertainty Variable - May 2, 2025
The Uncertainty Variable - May 2, 2025
Clarity In the Fog of War - April 25, 2025
The “New” That Awaits - April 18, 2025
Right Place, Right Time - April 11, 2025
Sign up for Market News.

Stay connected to market trends with personalized weekly insights — custom to you!

This is a secure 256-Bit SSL encrypted form.