Not surprisingly, considering the March banking crisis, Non-Financial Debt (NFD) growth was tepid for the second straight quarter. At a 3.50% rate, Q1 NFD [...]
[Yahoo/Bloomberg] Tesla Climbs on GM Pact; US Stocks Drift: Markets Wrap [Yahoo/Bloomberg] Oil Steady This Week as Demand Concern Counters Saudi Supply Cut [...]
[Yahoo/Bloomberg] Stocks Waver in Cautious Trading as Tech Falters: Markets Wrap [Yahoo/Bloomberg] Bonds Everywhere Are Suffering as Rate-Hike Fears Swamp [...]
[Yahoo/Bloomberg] Stocks Waver With S&P 500 on Edge of Milestone: Markets Wrap [Reuters] Turkish lira drops 7%, signalling move towards free market [...]
[Yahoo/Bloomberg] Apple Declines, Oil Retreat Drags Stocks Lower: Markets Wrap [Reuters] World stocks tread water as traders eye Fed pause prospects [...]
[Yahoo/Bloomberg] Oil Climbs on Saudi Cut While US Stocks Fluctuate: Markets Wrap [Reuters] Oil rises on Saudi plan to deepen output cuts from July [...]
“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 are [...]
[Reuters] Biden signs debt limit bill, avoiding U.S. default [Reuters] OPEC+ holds ‘difficult’ talks on cuts and quotas [Reuters] China seeks [...]
[Reuters] OPEC+ begins meetings which may lead to further output cuts [Reuters] Analysis: Risk of US downgrade still on the cards despite debt deal [AP] US [...]
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 string of [...]
[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, US Debt [...]
