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NVIDIA: $3 Trillion In 21 Months “This Time Is Different” Is Always The Same Jackson Hole Gift Signals September Rate Cut “Politicians will lay claim to the stock market’s success if they have success on their watch, and they’re blamed by others for its failure. And perhaps it’s more coincidence. Perhaps the trends in play […]
[Yahoo/Bloomberg] Stocks Waver in Thin Trading Before Nvidia Reports: Markets Wrap [Yahoo/Bloomberg] Oil Steadies After Three-Day Rally as Libya Adds to Supply Woes [Yahoo Finance] US home prices hit a record high in June [Reuters] Focus: Failed sale, appraisal delays behind first loss on a AAA bond since 2008 crisis [AP] Wild week of US […]
By conquering this new world, compels me now To do what else, though damned, I should abhor. So spake the Fiend, and with necessity, The tyrant’s plea, excused his devilish deeds. John Milton, Paradise Lost No matter your point of view, no matter your level of optimism, any objective view of America today must acknowledge […]
[Yahoo/Bloomberg] Stocks Waver as Investors Assess Rate Path: Markets Wrap [Yahoo/Bloomberg] Oil Rises After Israeli Strikes and Call to Halt Libyan Exports [Reuters] Dollar drops against yen but broadly stable after last week’s decline [Reuters] Gold marches towards record highs as Powell endorses rate cuts [Yahoo/Bloomberg] Gold bulls celebrate Jackson Hole as Powell clears a […]
[AP] Israel and Hezbollah trade heavy fire before pulling back, jolting a region braced for war [Reuters] Major Israel-Hezbollah missile exchange as region watches for escalation [Yahoo/Bloomberg] Fed’s Powell Nods to Upcoming Strategy Review as Officials Prepare to Cut Interest Rates [Yahoo/Bloomberg] Yuan Carry Trade Can Prosper Even After Yen Version Collapsed [Reuters] China says […]
Not Buying It Due to late summer plans with in-laws this week, HAI will be brief. The market news of the week primarily revolved around a curiously large revision to labor market data, an abundance of dovish Fed speakers setting the table for a September rate cut, and the Fed Chairman himself, Jay Powell, paving […]
[Reuters] Wall St Week Ahead ‘Super Bowl’ Nvidia earnings stand to test searing AI trade [AP] Takeaways from Fed Chair Powell’s speech at Jackson Hole [Reuters] Swiss finance minister chides US, Europe over ‘time bomb’ debt levels [Reuters] Exclusive: Top U.S. general makes unannounced Middle East trip as Iran threat looms [Yahoo/Bloomberg] ECB Gears Up […]
There’s always a summertime buzz heading into the Fed’s Jackson Hole Economic Symposium. What’s topical in the world of economics? What is on these central bankers’ minds? What might they be thinking of tweaking or changing? This year’s conference corresponds with an important shift in U.S. monetary policy. The first rate cut in over four […]
