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[Yahoo/Bloomberg] Stocks Set for Monthly Drop as Traders Await Fed: Markets Wrap [Yahoo/Bloomberg] Oil Recovers Near $83 With Focus on Middle East Cease-Fire [Reuters] US labor costs increase more than expected in first quarter [Reuters] Fed’s balance sheet plans could take center stage this week [Reuters] Quagmire anyone? Fed watchers try to divine a confusing […]
We’ve recently been discussing the tension (at best) or war (at worst) between centralization and decentralization. Our intention is not to beat a dead horse. First, the horse is alive and well, and second, no beating is involved. We’re just studying him to see if he’s better off in the herd or taking off across […]
[Yahoo/Bloomberg] Earnings Keep Stocks Aloft at Start of Fed Week: Markets Wrap [Yahoo/Bloomberg] Yen Rebounds Strongly After First Slide Past 160 Since 1990 [Yahoo/Bloomberg] Oil Dips as US Steps Up Efforts to Secure a Truce in Gaza [Reuters] Sign of intervention? Japan’s yen jumps against dollar [Yahoo/Bloomberg] Yuan Devaluation Debate Surfaces as Traders Weigh Next […]
[Yahoo/Bloomberg] Powell Is Poised to Keep Fed on Higher-for-Longer Path [Yahoo Finance] A Fed meeting, jobs report, and more Big Tech earnings: What to know this week [Yahoo/Bloomberg] Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data [Yahoo/WSJ] Soaring Treasury Yields Challenge Stock-Market Gains [Reuters] Russia threatens West with severe response if its […]
We Are In It Now Since inflation data began picking up again in the first three months of the year, the drumbeat of higher-for-longer interest rate policy has once again increased. That rhythmic drumbeat has steadily permeated market expectations. The market kicked off 2024 expecting six to seven rate cuts beginning in March. Presently, however, […]
[Reuters] Wall St Week Ahead Lofty US stocks leave investors punishing earnings disappointments [Reuters] US regulators seize troubled lender Republic First, sell it to Fulton Bank [CNBC] All the data so far is showing inflation isn’t going away, and is making things tough on the Fed [Yahoo/Bloomberg] Texas Power Prices Signal Grid Stress in Another […]
Please join Doug Noland and David McAlvany Thursday, May 2nd, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q1 recap conference call, “Dovish Pivot to Melt-Up to Instability.” Click here to register. So much for “risk off,” at least for the week. The Semiconductor Index surged 9.9%, more than […]
[Yahoo/Bloomberg] Stocks Gain, Powered by Alphabet, Microsoft: Markets Wrap [CNBC] Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged [Reuters] China’s yuan hits downside limit in ‘cash’ trades [Yahoo/Bloomberg] Oil Heads for Weekly Gain on Signs of Firmer Market Before Data [Yahoo/Bloomberg] Bank of Japan’s Stand Pat Decision Fuels Further […]
