The Fitzgerald Test A recent HAI cited F. Scott Fitzgerald’s famous quote that, “The test of a first-rate intelligence is the ability to hold two [...]

[Reuters] Ukraine hits Russian tanker with sea drone near Crimea Bridge [Reuters] Hedge funds turn bearish again as yields spike [Reuters] [...]

The two-year versus 10-year Treasury spread narrowed 20 bps this week, the largest narrowing since the banking crisis week of March 17th. Ten-year [...]

[CNBC] Stock rise as investors weigh Big Tech earnings, key jobs data: Live updates [Yahoo/Bloomberg] Oil Heads for Sixth Weekly Gain After Saudis, [...]

Bank Bailout Spurs Bubble Revival   Disclaimer: Advisory services are offered by McAlvany Wealth Management, an investment adviser registered [...]

[Yahoo/Bloomberg] Treasury Rout Unnerves Traders as Stocks Retreat: Markets Wrap [Yahoo/Bloomberg] Year of the Bond Dashed as Treasuries Set for [...]

[Yahoo/Bloomberg] Stocks Drop as Fitch Cuts Credit Rating: Markets Wrap [Reuters] Russia strikes Ukraine’s Danube port, sending global grain [...]

[Yahoo/Bloomberg] Stocks Pull Back From July Rally on Weak Earnings: Markets Wrap [Yahoo/Bloomberg] Oil Edges Lower as Summer Rally Takes a Pause [...]

[Yahoo/Bloomberg] Stocks Waver as Risk Appetite Cools; Yen Slumps: Markets Wrap [Reuters] Oil on track for biggest monthly gains in over a year [...]

[Reuters] New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End [Yahoo/Bloomberg] Wall Street Braces for the Great Loan Tightening: [...]

Buyer Beware This author has been attending a natural resource conference all week and was traveling Friday. As a result, this week’s HAI will just [...]

[Reuters] Endgame for Fed’s tightening cycle challenged by easing financial conditions [Reuters] Heatwave bakes US as heat index soars past 100 [...]