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[Yahoo/Bloomberg] The 24 Hours of Rate Cuts That End Year of Global Central-Bank Easing [Yahoo Finance] The final Fed meeting of 2024 awaits: What to know this week [Yahoo/Bloomberg] Office property meltdown is starting to surface at regional banks [Yahoo/Bloomberg] Massive Interest Burden Haunts $29 Trillion Emerging Debt Pile [Reuters] South Korea’s acting president moves […]
Risks and Opportunities The tech giants who’ve made 2024 “magnificent” aren’t letting up as the year winds down. The Nasdaq 100 (the everything-bubble-market index leader) gained for the fourth week in a row on broad strength across the entire chip-technology complex. The tech-heavy index rose 0.8% to an all-time high this week, while other major […]
[Reuters] Wall St Week Ahead Fed rate view in focus as robust stocks year draws to close [Yahoo/Reuters] Trump considers privatizing U.S. Postal Service, Washington Post reports [Yahoo/WSJ] Americans Are Stockpiling to Get Ahead of Tariffs [Yahoo/Bloomberg] France Downgraded by Moody’s After Le Pen Derails Deficit Push [AP] South Korea’s parliament votes to impeach President […]
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 in a year. For perspective, NFD expanded $2.534 TN in 2007 – an annual record that held all the way to pandemic 2020’s historic $6.797 TN. Treasury debt expanded SAAR […]
[Yahoo/Bloomberg] Wall Street Tech Rally to Extend as Broadcom Jumps: Markets Wrap [Yahoo/Bloomberg] Currencies Drop as China Disappointment Rattles Emerging Markets [Yahoo/Bloomberg] Key Treasury Spread Turns Positive With Fed Rate Cut in View [Yahoo/Bloomberg] Chinese Yields Hit Record Low as Leaders Reinforce Rate Cut Bets [Yahoo/Bloomberg] Fed to Cut Once More Before Slowing Pace in […]
Precious metals rose slightly, with the exception of platinum this week. Let’s take a look at where prices stand as of December 11: The price of gold is currently at $2,718, up 1.3% from a week ago. The price of silver is $31.94 currently, up 2% on the week. Platinum is at $947, just about […]
[Yahoo/Bloomberg] Stocks Slip After Rally as Fed Cut Priced: Markets Wrap [Yahoo/Reuters] Yuan pressured by depreciation expectations; long-term yields fall to record lows [AP] US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products [Yahoo/Reuters] ECB cuts interest rates for fourth time this year [Yahoo/Reuters] SNB cuts interest rate 50 basis points, […]
[Yahoo/Bloomberg] Dollar Gains on Report China May Allow Weaker Yuan: Markets Wrap [Yahoo/Bloomberg] Gold Holds Advance as Traders Count Down to US Inflation Figures [Yahoo/Bloomberg] China’s Weaker Yuan Sends Ripples Across Emerging Market Currencies [Yahoo/Bloomberg] China Markets Flag Caution, Reduced Hope for Key Policy Meeting [Yahoo/Bloomberg] Bank of Korea Boosts Liquidity Injection in Bid to […]
