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[Yahoo/Bloomberg] Stocks Rise After Pelosi Wraps Up Taiwan Visit: Markets Wrap [Yahoo/Bloomberg] Oil Turns Higher as OPEC+ Agrees to Miniscule Production Hike [Yahoo/Bloomberg] Libor Jumps to Highest Since 2008 on Fed Hike Expectations [AP] Pelosi says US will not abandon Taiwan as China protests [Reuters] Pelosi hails Taiwan’s free society as China holds military drills, […]
Talk is cheap, follow-through is what matters. Former Dallas Fed Chief says Pelosi took advantage of inside information. Gold tests $1675 then bounces $100 higher. Whitehouse Declares “Not A Recession,” … Move Along Citizen August 2, 2022 “As we exist in a stagflationary environment and contemplate stepping a first foot into recession, Congress’s way […]
[Yahoo/Bloomberg] Stocks Drop Over China Tension, Hawkish Fedspeak: Markets Wrap [Reuters] Stocks and bond yields slip on U.S.-China tensions [Yahoo/Bloomberg] Gold Hits Four-Week High as Pelosi’s Taiwan Trip Stirs Tensions [Yahoo/Bloomberg] Taiwan Risk Brings Another Torrid Day for China’s Stock Market [Yahoo/Bloomberg] Taiwan Stocks Decline as US-China Tensions Sap Risk Appetite [Reuters] Analysis: U.S. banks […]
[Yahoo/Bloomberg] US Equites Retreat Amid Hawkish Fed Talk: Markets Wrap [Yahoo/Bloomberg] Oil Declines as China Slowdown Spurs Concern Over Demand Outlook [Yahoo/Bloomberg] Gold Extends Gains as Investors Await US Economic Data This Week [CNN] Pelosi expected to visit Taiwan, Taiwanese and US officials say [CNBC] Home prices cooled at a record pace in June, according […]
For the Week: The S&P500 rallied 4.3% (down 13.3% y-t-d), and the Dow rose 3.0% (down 9.6%). The Utilities surged 6.4% (up 2.4%). The Banks gained 2.1% (down 18.0%), and the Broker/Dealers recovered 4.8% (down 11.0%). The Transports advanced 5.8% (down 11.3%). The S&P 400 Midcaps rose 4.8% (down 11.6%), and the small cap Russell […]
[AP] Wildfires in West explode in size amid hot, windy conditions [Yahoo/Bloomberg] Bank of England Set to Accelerate Its Inflation Fight: Eco Week [CNN] Mykolaiv in Ukraine hit with heavy shelling as Putin threatens ‘lightning speed’ response to interference [Yahoo/Bloomberg] Ukraine Latest: Putin’s Naval Ambitions Include Zircon Missiles [Reuters] Ukraine’s Zelenskiy says harvest could be […]
