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Most of us can recall episodes in life where we worked toward one end but arrived at a very different one. Only 63% of law school graduates from 2015 are working as full-time lawyers. And the New York Fed did a study that found only 27% of college graduates use their degrees in their work. […]
[Yahoo/Bloomberg] Stocks Edge Lower After Choppy Week; Boeing Falls: Markets Wrap [Yahoo/Bloomberg] Oil Drops as Saudi Pricing Cuts Counter Middle East Supply Risks [Yahoo/Bloomberg] China Stocks Slump to Five-Year Low in a Dismal Start to 2024 [Yahoo/Bloomberg] Deep Oil Price Cut by Saudis Highlights Softer Physical Market [Reuters] Israeli strike on Lebanon kills senior commander […]
[Reuters] Fed’s Logan: should not rule out another rate hike [AP] Hezbollah, Israel trade heavy cross-border fire as Blinken seeks to prevent regional escalation [Reuters] China’s COSCO halts shipping to Israel -Israeli media [AP] China sanctions 5 US defense companies in response to US sanctions and arms sales to Taiwan [Yahoo/Bloomberg] Bond Sales Hit Record […]
Transitory Goldilocks + De-dollarization = a Golden 2024 Welcome to the new year, beloved HAI readers. It promises to be a doozy. History generally suggests and conventional wisdom confirms that the incumbent party in a presidential election year becomes very generous. It strives to keep the fiscal spigot flowing full-blast in order to keep the […]
[Reuters] Wall St Week Ahead High market hopes raise stakes as US stocks face inflation data, earnings [AP] Hezbollah fires rockets at Israel in ‘initial response’ to killing of top leader from allied Hamas [Reuters] Israel, Hezbollah exchange fire across Lebanon border amid alarm over Gaza war spillover [Reuters] Iran Guards commander challenges ‘enemy’ naval […]
As my thoughts turned this week to “Issues 2024,” my mind returned to the great American economist Hyman Minsky (1919-1996). The dynamic evolution of Capitalistic systems, innovation and financial structures, the “Financial Instability Hypothesis,” “Ponzi finance”, “stability is destabilizing”… No economist’s work is more germane to Issues 2024 than the brilliant Minsky. Minsky theorized that […]
[Yahoo/Bloomberg] Bonds, Stocks Extend Retreat After Strong US Jobs Data: Markets Wrap [Yahoo/Bloomberg] Oil Set for Weekly Gain as Supply Risks Outweigh Weak US Demand [CNBC] U.S. payrolls increased by 216,000 in December, much better than expected [Reuters] Maersk warns of major disruption as diverts ships away from Red Sea [Reuters] Investors kick off 2024 […]
We review the gold and silver price performances in 2023, while setting our sights on the exciting prospects awaiting in 2024. We’ll explore not only gold and silver but also the influential factors such as the US Dollar index, equities, platinum & palladium, and other key markets that could shape the landscape for investors. Get […]
