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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 […]
[Yahoo/Bloomberg] Stocks Edge Lower on China Data; Gold Above $2,000: Markets Wrap [Reuters] Gold hits 6-month high on Fed pause expectation, softer dollar [Yahoo/Bloomberg] Oil Declines for Fourth Day on OPEC+ Intrigue and Risk-Off Tone [Yahoo/Bloomberg] Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High [Yahoo/Bloomberg] Pressure Grows on Israel to Prolong Cease-Fire […]
[CNBC] Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year [Reuters] US Black Friday sales rise 2.5% -Mastercard Spendingpulse [Reuters] China, US exchange accusations over US vessel in South China Sea [Yahoo Finance] Inflation data puts stock market rally to the test: What to know this week […]
[Reuters] ‘A lot quieter’ Black Friday brings out discount hunters [Reuters] Second hostage-for-prisoners release looms, Egypt sees ‘positive signals’ on Gaza truce extension [Reuters] Five wounded in Kyiv by largest drone attack yet on Ukraine, officials say [Yahoo/Bloomberg] Charting the Global Economy: Euro-Area Recession Looks Likely [Reuters] Beijing police launch investigation into troubled wealth manager […]
Happy Thanksgiving Weekend! This week HAI is just prices. This author wishes all of you the happiest of happy Thanksgivings! See you next week! Weekly performance: The S&P 500 gained 1.00%. Gold was higher by 0.92%. Silver was up 2.05%, platinum added 3.90%, and palladium was higher by 1.54%. The HUI gold miners index gained […]
Notable developments for two key facets of the global government finance Bubble this week. November 21 – Financial Times (George Steer): “Hedge funds betting on a decline in US and European stock markets have suffered an estimated $43bn of losses in a sharp rally over recent days. Short sellers, many of whom had built up […]
[Yahoo/Bloomberg] Stocks Get Lift as Lagarde Signals Pause: Markets Wrap [Yahoo/Bloomberg] Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production [Reuters] Retailers offer deep Black Friday discounts to lure shoppers [Yahoo/Bloomberg] Market Melt-Up Lures Biggest Inflows to Stocks Since Early 2022 [Reuters] Ceasefire takes hold in Gaza ahead of hostage release, aid enters enclave […]
[Yahoo/Bloomberg] European Stocks Struggle as PMIs Show Contraction: Markets Wrap [Yahoo/Bloomberg] Oil Dragged Lower as OPEC+ Discord Forces Delay to Key Meeting [Reuters] Americans celebrate Thanksgiving on edge over world events [Reuters] War rages on in Gaza as truce delayed until at least Friday [AP] Hezbollah fires rockets at north Israel after an airstrike kills […]
