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[AP] Biden says debt deal ‘very close’ even as two sides far apart on work requirements [Reuters] Thorny issues remain in US debt-ceiling talks, key Republican says [The Hill] Senate GOP takes backseat on debt talks, fueling anxiety [Reuters] Ukraine targets Russian oil pipeline installations with drone attacks, Russian media report [Reuters] Ukraine says Russia […]
We have no reason to expect markets to function normally. So many facets of today’s environment are unique. For one, a once-in-a-century global pandemic fundamentally altered so many things – including central bank, commercial bank, and household balance sheets. Unprecedented monetary and fiscal stimulus disrupted price dynamics throughout economies and markets. What’s more, major shortages […]
[Yahoo/Bloomberg] US Stocks, Bonds Rise on Hopes a Debt Deal Is Near: Markets Wrap [Reuters] Stocks limp toward U.S. debt denouement; Japan sparkles [Yahoo/Bloomberg] Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike [Yahoo/Bloomberg] China Stocks in Hong Kong Extend Rout Before Holiday [Reuters] China steel prices hit three-year low on demand […]
This week we cover the price movements of gold and silver as the pressure of a potential government shutdown looms. Is this a real possibility, or another round of political theater? We will review the price movements of gold, silver, platinum, the DOW, and the US Dollar Index. Morgan Lewis of McAlvany Wealth Management joins […]
[Yahoo/Bloomberg] Stocks Jump on Nvidia, Asia Stocks Fall: Markets Wrap [Yahoo/Bloomberg] China Equity Rout Deepens as Traders Rush to Sell Before Holiday [Yahoo/Bloomberg] Oil Dips as Novak Says OPEC+ to Stand Pat and Dollar Holds Gains [Reuters] AAArrggh! Stocks in debt ceiling danger zone after US rating warning [Yahoo/Bloomberg] Friday Is Now an Options Feeding […]
[Yahoo/Bloomberg] U.S. Equities Down, Europe Stocks Sink Most in Two Months; Metals Drop: Markets Wrap [Yahoo/Bloomberg] Chinese Stocks Wipe Out 2023 Gains as Headwinds Intensify [Reuters] Oil prices up after bullish Saudi comments, falling U.S. stockpiles [Reuters] White House, Republicans plan to convene on US debt ceiling as deadline looms [MSN/WP] GOP unites in brinkmanship […]
World’s Debt Now 360% of GDP 448 Billion Flees Banks Into Higher Paying Money Market Funds Gold Is The Best Stupidity Insurance China Abusing A.I. For People Control May 24, 2023 “Let’s compare revenue inflows with outflows. You’ve got 4.8 trillion in revenue—inflows—that’s taxes coming in. And now that interest component of 928—well, that’s about […]
