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[Reuters] Rate worries, stalling economies cast pall over stock markets [Yahoo/Bloomberg] Bonds Surge as Activity Data Raises Recession Fear: Markets Wrap [Reuters] Turkey’s lira sinks to record low after unconvincing rate hike [Yahoo/Bloomberg] Yen Traders on Verbal Intervention Watch as Weakness Extends [Yahoo/Bloomberg] Oil Sags for Second Day After Federal Reserve Signals Hikes [Reuters] Analysis: […]
Gold is sitting at $1918 this morning as silver is approaching its moving average, with the price of silver now at $23.31. Platinum broke its rising floor. The NASDAQ is flying while the DOW is struggling. Thanks for watching!
[Yahoo/Bloomberg] Stocks Slump as Hawkish Central Banks Sap Spirits: Markets Wrap [Reuters] Shares ease, dollar steady in central-bank heavy day [Reuters] Oil falls with interest rate hikes and inventories in focus [Yahoo/Bloomberg] Yen Falls to Record Low Against Swiss Franc on Policy Divergence [Yahoo/Bloomberg] Turkey Lira Sinks to Weakest on Record After Rates Decision [Reuters] […]
[Yahoo/Bloomberg] Stocks Struggle Before Powell; UK Rate Bets Rise: Markets Wrap [Reuters] Stocks and bonds reflect fears of Powell embracing his inner hawk [Yahoo/Bloomberg] Yuan Extends Drop as PBOC’s Weak Fix Worsens Fragile Sentiment [Yahoo Finance] Powell: ‘Nearly all’ Fed members expect to raise rates again this year [Yahoo/Bloomberg] Fed Picks Pledge to Cool Inflation […]
Michael Hartnett “A Combo Of 2000 & 2008 – Big Rally Before Big Collapse” Index Prices Rising As Majority Of Stocks Decline Kissinger, Yep, That Kissinger Predicts Probable Military Conflict In Taiwan What Do 2000, 2008, & 2023 Have In Common? June 21, 2023 “The more uniform, classically, the more likely to reverse trend as […]
[Yahoo/Bloomberg] Stocks Slip as Investors Face Gut Check on Rally: Markets Wrap [Yahoo/Bloomberg] Treasury Yields Rise as Global Bond Slide Extends Before Powell [Reuters] China’s modest rate cut sends stocks lower [Reuters] Yuan dips after China cuts rates; Swedish crown, Aussie slide [Yahoo/Bloomberg] Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007 [Yahoo/Bloomberg] Yen […]
♫Summer time, and the livin’ is easy♫—that is certainly a blast from the past. This summer is not so laid back. Several major markets seem to be struggling mightily against their secular trends. Not quite mint juleps on the veranda. If you follow any of the McAlvany analysts mentioned below, you’ll see how much goes […]
[Reuters] Stocks rally stalls, eyes on Powell testimony for US rate clues [Yahoo/Bloomberg] Global Stocks Slip After Wall Street Rally Fizzles: Markets Wrap [Reuters] Oil falls on China growth uncertainties [Yahoo/Bloomberg] UK Two-Year Yield Climbs to 5% for First Time Since 2008 Financial Crisis [Reuters] Xi, Blinken agree to stabilise U.S.-China relations in rare Beijing […]
