Friday from Bloomberg: “US Stocks Rise After ‘Major Overreaction” to Fed.” There was certainly more to Wednesday’s steep market selloff than a [...]
Non-Financial Debt (NFD) expanded at a seasonally adjusted and annualized rate (SAAR) of $3.642 TN, up from Q2’s SAAR $3.471 TN for the strongest expansion [...]
“Stocks Extend Record-Breaking Run After Jobs Data.” “Investors Pour $140bn into US Stock Funds After Trump Election Victory.” “Cash Draws Biggest [...]
November 2024. Future historians will look back in utter amazement. As for equities, strong market gains pushed all major averages further into record highs [...]
Bitcoin traded this week to $99,978, ending the week with 2024 gains of 132%. Since the election, Bitcoin has surged 43%, with Ethereum up 39%, Ripple 215%, [...]
Chair Powell’s post-meeting press conferences always leave me wanting for some probing questions. It’s as if journalists abide by an unwritten rule to [...]
We live in interesting times. A deeply divided nation is today evenly split between jubilation and despair. The earth shakes, as the deep chasm blows wide [...]
Tuesday’s pivotal election muddies the analysis. Clearly, however, the Treasury market is under meaningful pressure. Ten-year Treasury yields jumped 14 bps [...]
Please join Doug Noland and David McAlvany this coming Thursday, October 31st, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management [...]
For a quarter when Wall Street trumpeted the narrative of mounting economic weakness and the need for aggressive rate cuts, they sure enjoyed quite an earnings [...]
Forty-five basis points. That’s the jump in 10-year yields since September 17th, the day before the FOMC meeting (and 50 bps rate slash). Benchmark MBS [...]
A Friday combo of the annual McAlvany Wealth Management client conference and Oregon Duck football at Autzen Stadium forced me to keep this week’s post [...]
