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[Reuters] First Republic auction underway, with deal expected by Sunday [Reuters] Wall St Week Ahead Recession worries simmer beneath US stock market rally [Yahoo/Bloomberg] Fed Seen Boosting Rates Even as Economic Risks Build [Yahoo/Bloomberg] Fed & Co. Confront History of Mistakes as Hiking Cycle Nears End [Yahoo/Bloomberg] Signs Are Mounting That a Debt Crunch is […]
Crisis is a Process The market narrative this week was split between stagflation, as economic growth slows but elevated inflation signals remain far stickier than hoped, and worsening systemic bank crisis concerns. While HAI believes that the process of crisis in the banking sector and throughout the economy is well underway, it has yet to […]
[Yahoo/Bloomberg] FDIC Asks Banks for Final First Republic Bids Due Sunday [AP] Inflation pressures remain persistent as consumers pull back [Yahoo/Bloomberg] Bond Volatility Has Busted the 60/40 Portfolio’s Safety Valve [Yahoo/Bloomberg] France Rating Cut to AA- From AA by Fitch on Deficits, Debt [Reuters] California’s fire season under way weeks after heavy rain and snow […]
For years, we’ve been told the banking system is sound and highly-capitalized – that lessons were learned from the 2008 crisis. Importantly, the Fed would lean on “macro-prudential” measures (i.e., regulation) to safeguard financial stability, while employing aggressively loose monetary policy to bolster the economy. Our system last month suffered two of the three largest […]
[Yahoo/Bloomberg] Stocks Drop on Tech Blowback; Treasuries Recover: Markets Wrap [Reuters] U.S. officials lead urgent rescue talks for First Republic [Yahoo/Bloomberg] First Republic’s $21 Billion Rout Puts S&P Status in Question [CNBC] Key inflation gauge for the Fed rose 0.3% in March as expected [Reuters] Among some at Fed, argument grows for patience on wage […]
The US Dollar is running out of gas as gold has taken a breath at the $2000 level. As more indicators show that a recession is on the way we discuss the timing of when that news will hit the mainstream outlets. We review the price movements of gold, silver, the US Dollar index and […]
[Yahoo/Bloomberg] Stocks Hold Gains From Tech Earnings: Markets Wrap [Reuters] Safe-haven gold firms on economic woes [Yahoo/Bloomberg] Oil Steadies After Demand Fears Wipe Out Gains From OPEC+ Cut [CNBC] GDP rose at a 1.1% pace in the first quarter, less than expected [Yahoo/Bloomberg] First Republic Stuck in Standoff Between US and Banking Industry [Yahoo/Bloomberg] Fed […]
David McAlvany, CEO of McAlvany Financial Companies, joins BNN Bloomberg to talk about Teck Resources’ decision to withdraw separation proposal, based on the complicated structure of the spinoff
