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[Yahoo/Bloomberg] Stocks Waver as CPI, Debate Sidelines Traders: Markets Wrap [Yahoo/Bloomberg] Oil Falls to Near the Lowest Since 2021 on Soft Market Outlook [Yahoo/Bloomberg] China Property Shares Plunge After Removal From Stock Connect [Yahoo/Bloomberg] Yen Rally Prompts An Unwind Of Hedges In Japanese Stocks But Investors Wary Of Earnings Hit [Reuters] Morning Bid: Calm returns […]
Eisenhower’s America was peaceful, productive, safe, kind, thoughtful, and civilized. No wonder so many people remember it fondly. But others consider it artificial, racist, and oppressive—the epitome of what’s wrong with the West. To be sure, America has never been perfect, and there were always some people who didn’t do well under its system. But […]
[Yahoo/Bloomberg] Stocks Claw Back Losses With Fed Rate Path in Play: Markets Wrap [Yahoo/Bloomberg] Chinese Stocks on Verge of Five-Year Low as Recovery Hopes Fade [Yahoo/Bloomberg] Oil Rebounds After Brutal Week as Traders Take Stock of Outlook [Reuters] Hybrid cars throw lifeline to platinum metals [Yahoo/Bloomberg] Americans Face Credit Hit as Student Debt Goes Delinquent […]
[Reuters] Wall St Week Ahead Economic worries back on Wall Street’s radar after jobs data [Yahoo/Bloomberg] Risk-On Momentum in Stocks Succumbs to Mounting Growth Worries [Yahoo/Bloomberg] Traders Keep Half an Eye on CPI With Jobs Fear the New Inflation [Yahoo Finance] Florida’s condo market looks shaky. Could the bottom fall out? [Yahoo/Bloomberg] CLO Equity Holders […]
[Reuters] Wall St Week Ahead Economic worries back on Wall Street’s radar after jobs data [Reuters] China FX reserves rise to highest level since 2015 in August [Reuters] Thousands protest in France after Macron picks Barnier as prime minister [CNBC] Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni [Bloomberg] […]
Moment of Truth This holiday shortened week was a volatility sandwich. Tuesday started with a bang as stocks sank and the VIX volatility index shot higher by more than 30%. Markets then calmed on Wednesday and Thursday before stocks sold off and volatility surged all over again on Friday. Tuesday’s sell-off was the worst since […]
Nvidia sank 12.6% this week. The Semiconductor Index (SOX) slumped 12.2%, with the Nasdaq100 (NDX) down 5.9%. The S&P500 dropped 4.2%. The KBW Bank Index fell 5.5%. The VIX (equities volatility) Index jumped 7.38 to 22.38, the highest close since August 8th (as the index retreated from its August 5th spike). “Stocks Hit by Jobs […]
[Yahoo/Bloomberg] Stocks Waver as Slowdown Fears Mount: Markets Wrap [Yahoo/Bloomberg] Gold Holds Gain as Rate-Cut Hopes Rise [Yahoo/Bloomberg] US Bonds Climb as Traders Look to Jobs Data to Back Big Fed Cuts [Yahoo/Bloomberg] Oil Set for Deep Weekly Loss Even as OPEC+ Delays Adding Barrels [CNBC] U.S. payrolls grew by 142,000 in August, less than […]
