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[Yahoo/Bloomberg] Fear of Stock Market Dive Creeps Back as Hedging Costs Climb [Reuters] Wall St Week Ahead: Investor hopes for US soft landing ride on inflation data [Yahoo Finance] Inflation, iPhones, and looming auto strikes: What to know this week [Reuters] G20 summit wraps up in New Delhi; Macron says it confirms isolation of Russia […]
Making Sense of Mixed Signals This was a down week for most asset classes. Stocks, cap-ex commodity metals, precious metals, and Treasurys were all lower on a volatile week. The three lonely weekly winners on the podium by Friday’s market close were crude oil with the gold medal, the dollar index landing silver, and agriculture […]
[Reuters] G20 summit avoids condemning Russia for Ukraine war, calls for peace [Reuters] Russia sticks to demands on Black Sea grain deal, rejects UN bank proposal [Reuters] China think tank says India is ‘sabotaging’ G20 for its own agenda [AP] Auto union rejects wage offers from Detroit companies with strike deadline 6 days away [Yahoo/Bloomberg] […]
Global market “risk off” is gathering momentum. China’s currency declined another 1.06% versus the dollar this week to the weakest level since 2007. The Chilean peso dropped 5.0%, the Polish zloty 3.9%, the Mexican peso 2.9%, and the Czech koruna 1.9%. Trouble, characteristically, manifests first at the “periphery.” Mexico’s local currency 10-year yields jumped 19 […]
China’s real estate crisis is sending shockwaves throughout global markets. Here’s what China’s crisis means for US investors and how precious metals can provide portfolio protection.
[Yahoo/Bloomberg] Dollar Slips From Six-Month High; Stocks Fluctuate: Markets Wrap [Yahoo/Bloomberg] Yuan Drops Toward Record Low as China Budges in Fight With Bears [Yahoo/Bloomberg] Oil Heads for Weekly Gain After OPEC+ Leaders Extend Supply Cuts [Yahoo/Bloomberg] Apple suppliers slide on China anxiety, threat from Huawei [Yahoo/Bloomberg] China Bonds Roiled by One-Two Punch on Liquidity, Rate […]
Gold & Silver 2023 Price update as we look at the price movements of gold, silver, and platinum over the last week. We will also review the price movements of the US Dollar Index, equities markets, and more. Thank you for listening to Golden Rule Radio if you enjoyed please subscribe for more.
[Yahoo/Bloomberg] Dollar Climbs to Six-Month High; Apple Shares Sink: Markets Wrap [Yahoo/Bloomberg] Oil’s Rally Takes Breather as Traders Turn Gaze to Stockpiles [Yahoo/Bloomberg] Onshore Yuan Sinks to Weakest Since 2007 [Yahoo/Bloomberg] PBOC Gives Yuan Unyielding Support for Record 54 Straight Days [Yahoo/Bloomberg] Emerging Currencies Close to Erasing 2023 Gains as Gloom Deepens [Bloomberg] US Initial […]
