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Countries Representing 3 Billion People See Gold Hit New All-Time High Oil Up 40%… Naw, That’s Not Inflation Vaulted Program Offers Low Premium Gold Access “Pricing pressure from the oil markets is real on the supply side, which is a hard experience for economists, with the hopes and dreams of Central Bank policy efficacy. It’s […]
[Yahoo/Bloomberg] Stocks Struggle as $95 Oil Adds to Rate Concerns: Markets Wrap [Yahoo/Bloomberg] Oil’s Rally Gathers Momentum as Brent Pops Above $95 a Barrel [Yahoo/Bloomberg] Oil’s Ascent to $95 Is Changing Trades Across Wall Street [Yahoo/Bloomberg] China’s Worst Capital Outflow in Years Spells More Yuan Pressure [Reuters] US single-family housing starts tumble in August [Reuters] […]
As women have entered the work force in high numbers over the past 50 or 60 years, they have changed the division of labor families have most commonly employed for millennia. Whether that change is good or bad is beyond the scope of this discussion. The point here is that, with both men and women […]
[Yahoo/Bloomberg] Oil Nears $95 as Stocks Waver After Selloff: Markets Wrap [Yahoo/Bloomberg] Oil Pushes Closer to $95 a Barrel as Global Market Tightens Up [Reuters] China Evergrande shares tumble 25% after wealth management staff detained [Yahoo Finance] Fed expected to hold rates steady while keeping door open to more hikes [Reuters] US shutdown looms: Top […]
[Reuters] Autoworkers strike against Detroit Three enters third day [Yahoo Finance] A Fed decision, FedEx earnings and the UAW strike: What to know this week [Yahoo/Bloomberg] Fed’s Higher-for-Longer Mantra Has Doubters in Bond Market [Yahoo/Bloomberg] Once Shunned Loans Are Now a Market Darling: Credit Weekly [Reuters] Upheavals in Xi’s world spread concern about China’s diplomacy […]
Black Gold, Yellow Metal, and a Green Light In this week’s update of the University of Michigan Surveys of Consumers, survey director Joanne Hsu noted that, “Throughout the survey, consumers have taken note of the stalling slowdown in inflation, but they do expect the slowdown to resume.” HAI hopes those consumers (a group that includes […]
[Reuters] Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this time [Reuters] UAW says Stellantis boosts wage-hike offer to 19.5%, Detroit News reports [AP] Workers strike at all 3 Detroit automakers, a new tactic to squeeze companies for better pay [Reuters] Fed losses breach $100 billion as interest […]
September 14 – Financial Times (Martin Arnold and Mary McDougall): “The European Central Bank has raised interest rates to an all-time high in a bid to cool consumer prices… The ECB’s knife-edge decision to lift its deposit rate for the 10th consecutive time, by 25 bps to 4%, came as officials cut their growth forecasts […]
