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Let’s get November documented, starting with notable headlines: “Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally.” “S&P 500 Has One of Best November Gains in Century.” “Munis Haven’t Rallied So Much in a Month Since Volcker Ran Fed.” “Munis Make It a November to Remember While Smashing Records.” “November Was Once-in-a-Generation Month for […]
[Yahoo/Bloomberg] Stocks Edge Lower, Dollar Steady Before Powell: Markets Wrap [Reuters] Oil prices stabilise after slump on underwhelming OPEC+ cuts [Reuters] Scores reported killed in Gaza after Israel-Hamas truce collapses [Reuters] Morning Bid: Powell’s final shot to shape markets before December Fed meeting [Reuters] Did pandemic central banking work? Fed review to eye inflation, jobs […]
Gold makes another attempt at a new high this week, continuing its upward trend from the past weeks. We take a look at the 200 moving day average for gold to determine its future trend. Even with golds strong show we look at silver’s performance in comparison to gold. We’ll also take a look at […]
[Yahoo/Bloomberg] Stocks Gain Before US Inflation Data; Euro Sinks: Markets Wrap [Yahoo/Bloomberg] Oil Advances for Third Day Ahead of High-Stakes OPEC+ Meeting [Yahoo/Bloomberg] Chinese Stocks Sit Out November’s Global Rally on Economic Woes [CNBC] Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected [Dow Jones] Jobless claims […]
[Yahoo/Bloomberg] Gold Holds Rally to Six-Month High on Bets for Fed Rate Pivot [Yahoo/Bloomberg] Stocks Advance With Treasuries as Pivot Bets Grow: Markets Wrap [Yahoo/Bloomberg] Oil Climbs Again With OPEC+ Meeting and Fed Signals in Focus [Reuters] Israel, Hamas seek new deal to extend Gaza truce on final day [AP] US economic growth for last […]
40% of personal income taxes are sucked up to pay interest on US Debt Seven US Banks closed 42 branches in one week 50 Billion a month is fleeing China in the form of gold and other creative alternatives. “You’ve got to know that our Chinese counterparts, they laugh, knowing that they are the winners. […]
[Yahoo/Bloomberg] Stocks Retreat on Signs November Rally Is Overdone: Markets Wrap [Yahoo/Bloomberg] Oil Creeps Higher as Saudis Push OPEC+ to Trim Production Quotas [Yahoo/Bloomberg] Global Central Bankers Warn of Uncertainty Amid Rate Debate [Axios] Management, take notice — employees have the upper hand [Yahoo/Bloomberg] UBS Chair Kelleher Warns Bubble Is Forming in Private Credit [Yahoo/Bloomberg] […]
Governments have always lied, and since Machiavelli they’ve been able to excuse it as necessary, but only the most naïve observer could fail to notice the logarithmic increase in governmental lying over the past few decades. From “read my lips, no new taxes” to “I did not have sex with that woman” to “Saddam has […]
