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[Yahoo/Bloomberg] US Stocks Shrug Off China: Markets Wrap [Reuters] China stock rally fizzles as stimulus optimism fades [Yahoo/Bloomberg] Metals Markets Eye China Reopening for Stimulus Rally Cues [Reuters] Morning Bid: Stocks stall, Hang Seng decimated, oil ebbs [AP] Tampa Bay hasn’t been hit directly by a major hurricane since 1921. Milton may be the one […]
America today is nothing if not a factory for metaphors and aphorisms. “When sorrows come, they come not single spies, but in battalions,” quoth the Bard, and further, “uneasy lies the head that wears the crown.” Elsewhere: “be careful how you treat [nations] on your way up, as you will encounter the same [nations] on […]
[Yahoo/Bloomberg] Stocks Drop, US Yields Top 4% as Rate-Cut Bets Ebb: Markets Wrap [Reuters] 10-year Treasury yield hits 4% keeping equity bulls in check [Yahoo/Bloomberg] Oil Turns Higher as Traders Await Israel Response to Iran Strike [Reuters] Morning Bid: Monster payrolls see 10-year Treasury yields top 4% [Reuters] How a rates rethink after strong US […]
[Reuters] Israeli strikes batter Beirut in heaviest bombardment so far, witnesses say [Yahoo/Bloomberg] S&P’s $8 Trillion Rally Will Be Tested by Tricky Earnings Season [Yahoo/Bloomberg] Florida Faces Deadly Tropical Threat in Hurricane Helene’s Wake [Yahoo/WSJ] The True Cost of Losing Your Home in a Hurricane (After Insurance) [WSJ] China’s Drive for Global EV Dominance and […]
Time Out for Face-to-Face Meetings Due to the MWM client conference, this week, HAI is just prices. MWM would like to thank all clients! It’s a pleasure to serve you all! Weekly performance: The S&P 500 was up 0.22%. Gold was nearly flat, down 0.01%, silver was up by 1.82%. Platinum was off 1.99%, and […]
[Reuters Live Updates] Israel strikes Lebanon as region braces for response to Iran [AP] Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance [Yahoo/Bloomberg] Saudi Arabia Raises Asia Oil Price as Volatility Grips Market [Reuters] Wall St Week Ahead Investors look to earnings to support record-high stock prices [Yahoo/Bloomberg] Oil […]
A Friday combo of the annual McAlvany Wealth Management client conference and Oregon Duck football at Autzen Stadium forced me to keep this week’s post short. First of all, despite all the pre-Fed meeting focus on weakness and vulnerability, the U.S. economy has a decent head of steam going. At 254,000, September’s gain in Non-Farm […]
[Yahoo/Bloomberg] Treasury Yields Rise After Blowout Jobs Data: Markets Wrap [CNBC] 10-year Treasury yield soars after jobs report blows past expectations [Yahoo/Bloomberg] Oil Set for Biggest Weekly Gain Since Early 2023 on Mideast Risk [CNBC] U.S. job creation totaled 254,000 in September, much better than expected [Reuters] US port strike ends, but clearing long ship […]
