More
[Yahoo/Bloomberg] Stocks Fall as Fed Outlook Takes Toll: Markets Wrap [Reuters] Gas crisis sends euro back below parity against dollar [CNBC] European gas prices surge as Russian pipeline maintenance fuels fears of a total shutdown [Yahoo/Bloomberg] Oil Pares Loss in Choppy August Trading Amid Iran Deal Risk [Yahoo/Bloomberg] AMC, Bed Bath & Beyond Lead Rout […]
[Yahoo/Bloomberg] Recession Fears Set to Split Stocks and Bonds After Summer Rally [Reuters] Europe Slips Toward Recession as ECB Mulls Steps Ahead: Eco Week [MSN/NYT] As Attacks Mount in Crimea, Kremlin Faces Rising Domestic Pressures [Reuters] Zelenskiy warns of ‘ugly’ Russian attack before Independence Day [Reuters] Yangtze tributary runs dry as China faces another month […]
[Yahoo/Bloomberg] US Economy Flashes Signals of Hope and Concern in Mixed Data [CNBC] Wages are now the hottest inflation signal. Here’s what that means for the Federal Reserve and the markets [Yahoo/Bloomberg] Ukraine Latest: Drone Hits Russia’s Black Sea Fleet Headquarters [Yahoo/Bloomberg] ECB’s Nagel Wants More Hikes, Says German Recession Likely [Reuters] Turkey central bank […]
Jackson Hole Faces a Gordian Knot; Will Powell Have a Sword? With the calendar now parked in the late August vacation season, trading volumes notched the lowest levels of the year. Market participants exchanged Bloomberg terminals, spreadsheets, and Wall Street addresses for beaches, boats, and beers this week. Even members of the MWM team honored […]
It was in ways business as usual. “Risk off” had attained powerful momentum globally back in July. De-risking/deleveraging dynamics were increasingly fomenting illiquidity, contagion and instability across global markets. Bubbles were bursting. Derivatives-related selling was starting to overwhelm. In short, global markets were at the cusp of serious dislocation – of “seizing up”. And, as […]
[Yahoo/Bloomberg] US Stocks Slide as Global Rate-Hike Wagers Surge: Markets Wrap [Reuters] Safe-haven flows set U.S. dollar for biggest weekly rise since April 2020 [Yahoo/Bloomberg] Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off [Yahoo/Bloomberg] Yuan Slumps to Near-Two-Year Low as Rate Differential Widens [Yahoo/Bloomberg] US Mortgage Lenders Are Starting to Go Broke […]
This week we are exploring gold’s price movements this last month. Has gold hit a $1685 reversal point, climbing higher as investors head into the autumn season? Silver short-term has taken a few stair steps upward and has a bit further to go before the next decision point for the metal. We also discuss the true value […]
