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Friday, November 22, 2024

[Yahoo/Bloomberg] US Stocks Dip as Traders Turn Elsewhere for Value: Markets Wrap [Yahoo/Bloomberg] Gold Set for Biggest Weekly Jump in 13 Months on Haven Demand [Yahoo/Reuters] Gold surges and euro sags as broader war risks rise [Yahoo/Bloomberg] Oil Heads for Weekly Advance as Russia-Ukraine War Escalates [Yahoo/Bloomberg] Currency Traders Bet on Trump Stirring Up Market […]

Metals Bounce Back Amid Market Volatility

Precious metals continue to follow the playbook laid out by our analysis of a Republican presidential win. Let’s take a look at where prices stand as of November 20: The price of gold is up about 4.3% or $108 to $2,650 from last week, a really nice bounce up in a week. The price of […]

Thursday, November 21, 2024

[Yahoo/Bloomberg] Stocks Advance; Bitcoin Trades at $100,000: Markets Wrap [Yahoo/Bloomberg] Adani Scraps $600 Million Bond, Notes Slide After US Charges [Yahoo/Bloomberg] French Bond Risk Rises as Budget Tensions Keep Markets on Edge [Yahoo/Bloomberg] Oil Rises on Signs of Further Escalation in Russia-Ukraine War [Yahoo/Reuters] US weekly jobless claims unexpectedly fall [Yahoo/Bloomberg] Trump Seeks Perfect Treasury […]

Wednesday, November 20, 2024

[Yahoo/Bloomberg] Stocks Rise With Nvidia Results in Focus: Markets Wrap [Yahoo/Bloomberg] Oil Rises as Traders Weigh Geopolitical Risks, Rising Stockpiles [Yahoo/Bloomberg] Trump’s Treasury Search Gains Steam With Fresh Round of Meetings [Yahoo/Reuters] Trump to interview Warsh, Rowan for Treasury job on Wednesday, Bloomberg News reports [Axios] Trump’s messy coalition [CNBC] Weekly mortgage demand inched up, […]

Tariffs As Bargaining Chips

Trump Is Not In Yet & He’s Already Being Blamed Pre-Election October Deficit Largest Ever Ukraine Strikes Into Russia With U.S. Approval & Hardware “I think without tariffs as negotiated and leveraged on other items we lose the power to encourage energy imports from the US. It’s the art of the deal. Economists may worry […]

Tuesday, November 19, 2024

[Yahoo/Bloomberg] Stocks Fall as Russia-Ukraine War Rattles Traders: Markets Wrap [CNBC] Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike [Reuters] Safe-haven assets rally as US-Russia tensions spike over Ukraine [Reuters] Gold hits one-week high on softer dollar; markets await Fed cues [Yahoo/Bloomberg] Oil Retreats After Rally as North Sea […]

Price Is Prime

Some months ago in the McAlvany Weekly Commentary, Kevin Orrick responded to some verbal obfuscation by Kamala Harris. The VP kept saying that inflation was down, which for those who don’t understand economics implied that prices were down. Her contention was narrowly and technically true; her implication was patently false. Kevin incisively noted that it’s […]

Monday, November 18, 2024

[Yahoo/Bloomberg] Tesla Lifts Nasdaq Futures; Bitcoin Tops $90,000: Markets Wrap [Yahoo/Bloomberg] Gold Rebounds as Goldman Reiterates $3,000 Target for 2025 [Yahoo/Bloomberg] Oil Holds Near Seven-Week Low on Concerns Over Supply and China [Yahoo/Bloomberg] Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25 [AP] This week: housing starts, home sales, consumer sentiment […]

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