It was an eventful week worthy of some dissection. Markets for the most part corroborated the “higher for longer” and rising global yields thesis. Ample [...]
May 24 – Bloomberg (David Ingles): “Nvidia’s 110% gain this year is enough to slingshot the company’s value above the entire market capitalization of [...]
An audience question during the annual meeting of the Foreign Bankers’ Association of Amsterdam, May 14, 2024: “Do you entertain the possibility that [...]
A week after Chair Powell encouraged the markets to keep running, run they did. The KBW Bank Index jumped 2.7% this week, the DJIA 2.2%, the S&P400 Midcaps [...]
The Japanese yen (dollar/yen) traded Monday to 160.17, the first time above 160 since April 1990. The yen rallied to 154.54 after purported intervention. The [...]
Please join Doug Noland and David McAlvany Thursday, May 2nd, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q1 [...]
Despite close calls Saturday night and again on Thursday night, we at least made it through the week avoiding “the start of WW3.” I’m afraid the same [...]
Unique “global government finance Bubble” dynamics some years back compelled an adjustment to one of my favorite maxims. Instead of doubling, Bubbles [...]
Money Market Fund Assets (MMFA) surged $70.5 billion last week to a record $6.111 TN. MMFA have ballooned $1.553 TN, or 34.1%, since the Fed initiated its [...]
Another remarkable quarter. Financial conditions loosened further, building on the Fed’s Q4 dovish pivot. The spectacular risk asset melt-up was ongoing. [...]
Powell: “I would say the January number, which was very high, the January CPI and PCE numbers were quite high. There’s reason to think that there could [...]
I often find my thoughts returning to the great German economist, Dr. Kurt Richebacher. This week, it was his analysis that inflation comes in various forms, [...]
