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[Yahoo/Bloomberg] Chips Drag Down US Stocks; Stoxx 600 Gains: Markets Wrap [Yahoo/Bloomberg] China Sidesteps Yuan Support After Currency Pulls Back From Lows [Yahoo/Bloomberg] Oil Fluctuates as Mixed Economic Signals Spur Choppy Trading [Yahoo/Bloomberg] Nvidia Drops on Report US Plans More AI Chip Curbs for China [Yahoo/Bloomberg] House Price Cuts Point to Start of Downturn, Zoopla […]
Financial Times Writes That Bundesbank Is Down To Its Last 2.5 Billion Russian Coup: Real, Fake, & Who Stands To Gain? Gold At 276,000 Yen, Up From 27,000 Yen In Year 2000 Who’s Gonna Bail Out Bundesbank? June 28, 2023 “The currency conversation reflects on the policies that have been in play for a long […]
[Yahoo/Bloomberg] Stocks Struggle to Shake Off Worries Over Rates: Markets Wrap [Reuters] China starts to slow yuan’s one-way slide [Yahoo/Bloomberg] Oil Hovers Near $69 as China Stimulus Counters Rates Outlook [Yahoo/Bloomberg] Banks Face Growing Capital Scrutiny With Stress Tests Up First [Reuters] Lordstown Motors files for bankruptcy, sues Foxconn [Yahoo/Bloomberg] Morgan Stanley Sees Fed Hiking […]
If you’ve ever hit an ant pile with your lawnmower, you’re familiar with the ensuing reaction. Ants that were invisible a moment before appear by the thousands and start moving in every possible direction. The activity appears chaotic, but there is purpose. The ants try to protect the queen and their eggs, larvae, and pupae. […]
[Yahoo/Bloomberg] Bonds Rally as Economic Threat Hits Risk Appetite: Markets Wrap [Yahoo/Bloomberg] Gloom Grips China Markets Again as Stimulus Trade Fizzles Out [Reuters] Turkey’s lira hits new low after bank rules’ rollback [Yahoo/Bloomberg] Yuan Weakens to 7-Month Low Despite China’s Move to Stem Decline [Yahoo/Bloomberg] Ruble Hits Weakest in 15 Months After Wagner Challenges Putin […]
[Reuters] Rebel Russian mercenaries return to base under deal ending advance on Moscow [Yahoo/Bloomberg] On Deck for Fed, ECB — Another Dose of Inflation Data [Reuters] World economy at critical juncture in inflation fight, central-bank body warns [Reuters] Russia back in investors’ focus after weekend mutiny [Japan Times] BOJ in spotlight as yen fall may […]
Higher For Longer—Into The Teeth of Trouble This week, HAI is necessarily brief. The author is currently flying high over the beloved United States. As a result, HAI will be condensed, not just this week but over the next several weeks due to family summer travel plans. Over the coming weeks, HAI will strive to […]
[CNN] Live Updates: Putin accuses Wagner chief of stoking ‘armed rebellion’ [Reuters] Rebel Russian mercenaries barrel towards Moscow [Yahoo/Bloomberg] Wagner Chief Marches Toward Moscow in Mutiny Challenging Putin [Guardian] Rostov-on-Don: why has Russian city been targeted by Wagner group? [Politico] ‘Breathtaking’: Lawmakers react to escalating security situation in Russia [Yahoo/Bloomberg] Homebuilding Set to Boost US […]
