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[Yahoo/Bloomberg] US Stocks Climb on China Growth Wagers: Markets Wrap [Yahoo/Bloomberg] Oil Slides Lower as Supply-Cut Led Price Rally Continues to Fade [SA] Building permits drop more than forecast, housing starts surprise to downside in March [CNBC] Public pessimism on the economy hits a new high, CNBC survey shows [CNBC] Goldman Sachs misses revenue estimates […]
The important thing to realize about economic policy is that it’s not just about abstract theory that policy junkies throw around behind closed doors. It’s not just about numbers and rates. And it’s not just about endless discussions of what’s happening or what will happen tomorrow in the stock or bond or real estate market. […]
[Yahoo/Bloomberg] Stocks Mixed in Cautious Trading; Dollar Edges Up: Markets Wrap [Yahoo/Bloomberg] Oil Steady After Four Weekly Gains as IEA Warns of Price Rises [SA] NY Empire State Manufacturing jumped 10.8 in April, beats expectations [Reuters] Central banks have yet to script final act of inflation fight as risks rise [Reuters] China Pumps In More […]
[AP] New push on US-run free electronic tax-filing system for all [Yahoo Finance] Houston, Dallas lead the country in office attendance — and empty office space [Reuters] EU says unilateral trade action unacceptable after Poland, Hungary ban Ukraine grain, food imports [Yahoo/Bloomberg] China Searches for Clearer Signs of Economic Momentum [Reuters] China relationship will […]
Famed Austrian economist Ludwig Von Mises warned that the Keynesian means of delivering “apparent prosperity” was inherently unsustainable. The unsustainable pitfalls of modern monetary policy? If adhered to long enough, they eventually create a terminal dependance that requires endless credit expansion, endless debt accumulation, endless money creation, and the endless suppression of interest rates to […]
[Reuters] U.S. banks highlight office real estate as next big worry [Reuters] US regulator calls for greater scrutiny of hedge funds after bond turmoil, Financial Times reports [Yahoo/Bloomberg] ECB’s ‘Strong Consensus’ to Hike Leaves Door Open to Half-Point [Reuters] China March new home prices rise at fastest pace in 21 months [Yahoo/Bloomberg] California’s Historic Wet […]
Please join Doug Noland and David McAlvany this coming Thursday, April 20th, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q1 recap conference call, “From Big Squeeze to Banking Crisis.” Click here to register. April 10 – Bloomberg (Catarina Saraiva): “Federal Reserve Bank of Chicago President Austan Goolsbee said the US […]
[Yahoo/Bloomberg] Nasdaq Slips as Bank Earnings Deluge Begins: Markets Wrap [Reuters] Dollar heads for longest stretch of weekly losses since 2020 [Yahoo/Bloomberg] Oil Heads for Fourth Weekly Advance as Global Market Tightens Up [Reuters] US retail sales fall more than expected in March [Reuters] Investors put $538 billion into cash funds over eight weeks, […]
