“May you live in interesting times” is said to be an ancient Chinese curse. HAI doesn’t know about Chinese curses, but is certain that these [...]

[Reuters] Biden signs debt limit bill, avoiding U.S. default [Reuters] OPEC+ holds ‘difficult’ talks on cuts and quotas [Reuters] China [...]

[Reuters] OPEC+ begins meetings which may lead to further output cuts [Reuters] Analysis: Risk of US downgrade still on the cards despite debt deal [...]

It’s not a close call. If the Fed “Skips” policy tightening at the June 14th FOMC meeting, it will be yet another big policy mistake. The long [...]

[Yahoo/Bloomberg] US Stocks Gain On Strong Jobs Data; Dollar Dips: Markets Wrap [Reuters] Dollar sags as Fed bets ebb, debt bill passes; Aussie soars [...]

[Yahoo/Bloomberg] Stocks Climb on Debt Deal, Softer Inflation Data: Markets Wrap [Yahoo/Bloomberg] Oil Swings With Focus on China Factory Activity, [...]

[Yahoo/Bloomberg] Stocks Fall on China Economy Worries; Bonds Gain: Markets Wrap [Yahoo/Bloomberg] Chinese Stocks Sinking Into Bear Market With [...]

[Yahoo/Bloomberg] Stocks Rise on AI-Fueled Rally, Bonds Gain: Markets Wrap [Yahoo/Bloomberg] Miserable May Is Dashing Hopes for a Rebound in Chinese [...]

[Yahoo/Bloomberg] Debt-Limit Deal Brings Relief Tinged by Caution: Markets Wrap [Reuters] European shares slip, but debt ceiling deal buoys U.S. [...]

[Reuters] Biden, McCarthy reach tentative US debt ceiling deal [Yahoo/Bloomberg] Debt-Limit Deal Sets Up Tough Battle for Passage in Congress [...]

The “Unpleasant” Tsunami This week, market action was primarily dominated by two factors: the developing “baby-bubble” in generative [...]

[AP] Biden says debt deal ‘very close’ even as two sides far apart on work requirements [Reuters] Thorny issues remain in US debt-ceiling talks, [...]