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[Yahoo/Bloomberg] China tells US to back off threats, warns of retaliation [Reuters] Beijing blames US for raising trade tensions, defends rare earth curbs [AP] China vows to stand firm against Trump’s 100% tariff threat [BBC] China accuses US of ‘double standards’ over tariff threat [Reuters] Partisan shutdown standoff ignores key risk to US stability: rising […]
Thanks to All Our Clients! McAlvany Wealth Management enjoyed its annual client conference in Durango this week. I’d like to express my deepest thanks to all our clients! It’s such a pleasure for me, personally, and for the rest of the team to have these few days of in-person interaction. Given the happenings this week, […]
[Yahoo/Reuters] Trump threatens China with export controls on Boeing parts [Barron’s] ‘China Isn’t Afraid’: Beijingers Shrug Off Trump Tariff Threat [Politico] China’s rare earth gambit reveals the next phase of its economic warfare [Yahoo/Reuters] China hits back on US port fees with retaliatory levies [Reuters] White House lays off thousands of US government workers, blaming […]
Ominous week. October 10 – Financial Times (Ryan McMorrow and Demetri Sevastopulo): “China has unveiled sweeping export controls on rare earths and related technologies, as it boosts its leverage over critical minerals ahead of an expected meeting this month between Presidents Donald Trump and Xi Jinping. Under the new commerce ministry rules, foreign companies will […]
[CNBC] Stocks are little changed after S&P 500, Nasdaq pullback from record highs: Live updates [Yahoo/Bloomberg] Shutdown Pain Ripples Through US Economy With No Deal in Sight [Yahoo/Bloomberg] Trump Renews Threats With Congress Mired in a Shutdown Brawl [Yahoo/Bloomberg] China Targets Qualcomm, US Ships as Xi and Trump Seek Leverage [Yahoo/Reuters] China steps up customs […]
Gold and silver have reached remarkable highs, with gold breaking through $4,000 and silver nearing $50, marking new all-time price records as of this week. Forecasting remains challenging, with analysts believing gold could push toward $5,000 before experiencing significant corrections, but sentiment is far from the euphoric “manic” phase that marks the end of a […]
[CNBC] S&P 500 is little changed after benchmark rises to all-time high: Live updates [Reuters] Fear of missing out trumps other worries as euphoria grips US stock options traders [BBC] America’s top banker sounds warning on US stock market fall [Axios] Gaza peace deal reached, hostages to be freed [Yahoo/Bloomberg] China Tightens Exports of Some […]
[Yahoo/Bloomberg] Gold Tops $4,000 for First Time Fueled by US Shutdown [CNBC] Stock futures rise slightly after S&P 500 snaps 7-day win streak: Live updates [Yahoo/Bloomberg] Yen Slumps to Weakest Since February in LDP-Results Aftermath [Yahoo/Bloomberg] Federal Workers Go Unpaid, Adding Pressure to End Government Shutdown [Axios] Staffing woes see flight delays spread to more […]
