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[Yahoo/Bloomberg] European Stocks Steady as Traders Assess Rate Path: Markets Wrap [Yahoo/Bloomberg] Oil Holds Steady With OPEC+ Supply, US Demand in Focus [AP] Latest deadly weather in US kills at least 20 as storms carve path of ruin across multiple states [Yahoo/Bloomberg] Options Volatility Is Getting Crushed With Little Relief Ahead [Yahoo/Bloomberg] China Ramps Up […]
[Yahoo Finance] The Fed’s favored inflation gauge highlights shortened trading week: What to know this week [AP] At least 5 dead in Texas after severe weather sweeps across Texas and Oklahoma, authorities say [Reuters] US ‘deeply concerned’ over China military drills in Taiwan Strait, State Dept says [Yahoo/Bloomberg] Bets on Risky CLOs Are Paying Off […]
Loyalty to Country With our MWM quarterly client call yesterday and this author’s in-laws visiting for the long Memorial Day holiday weekend, this HAI will just offer weekly prices and some Memorial Day commentary. To mesh the significance of Memorial Day with our running market/economic theme, HAI will honor fallen American heroes with some […]
[CNBC] The Fed probably won’t be delivering any interest rate cuts this summer [Reuters] China ends war games, Taiwan details warplane, warship surge [Yahoo/Bloomberg] Yellen Says Higher Path for Rates Boosts Need to Lift Revenue [Axios] “It’s not just one factor:” Why this hurricane season could be so prolific [Reuters] Italian banks must quit Russia, […]
May 24 – Bloomberg (David Ingles): “Nvidia’s 110% gain this year is enough to slingshot the company’s value above the entire market capitalization of Germany along with a range of other major bourses. The AI-boom poster child overtook Australia in early February, topped South Korea a few weeks later and as of the Thursday close, […]
[Yahoo/Bloomberg] Stocks Edge Higher as Tech Bulls Wade Back In: Markets Wrap [Reuters] Oil holds steady around three-month lows [Reuters] Rising US debt burden spooks some bond investors ahead of election [Yahoo/Bloomberg] Carry Trade Is All the Rage Across Global Bond and FX Markets [Reuters] Central bankers should acknowledge blind spots, Fed’s Mester says [Dow […]
Here’s our weekly recap of the precious metals markets for May 24. As of this recording, here is where precious metals stand: The price of gold is $2,341, down $47 or 1.97% from our recording last week. The price of silver is $30.51, up $0.81 or 2.73% from last week’s recording. The price of platinum […]
[Yahoo/Bloomberg] Stocks Rally as Nvidia Keeps AI Juggernaut Going: Markets Wrap [CNBC] Oil prices bounce back after three-day decline but still on pace for weekly loss [Yahoo/Bloomberg] China Allows Yuan to Drop as Outflows, Dollar Test PBOC’s Grip [Reuters] US weekly jobless claims fall as labor market remains solid [Reuters] Improved business activity casts doubt […]
