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[Yahoo/Bloomberg] Gold Climbs to Another Record After Fed Rate-Cut Optimism Soars [CNBC] Stocks are little changed after Nasdaq hits new record: Live updates [Yahoo/Reuters] US small-business optimism climbs but labor quality concerns persist [Axios] What AI’s spending boom is really buying [Yahoo/Bloomberg] US, South Korea in Deadlock Over $350 Billion Investment Fund [Yahoo/Reuters] Analysis-Ishiba’s departure […]
Many are the movies where someone in the plot can’t leave a dangerous situation in a building via a door or window. Instead, they have to crawl out through the ventilation shaft. Never mind that most modern ventilation shafts won’t support the weight of a person; suspend disbelief long enough for this point to be […]
[CNBC] Stocks tick higher to start the week as traders look ahead to key inflation data: Live updates [Yahoo/Bloomberg] Gold Climbs to Fresh Record After Bets on Fed Rate Cuts Surge [Yahoo/Bloomberg] Silver Borrowing Costs Surge on Tariff-Driven Supply Jitters [Yahoo/Bloomberg] Ishiba Exit Adds to Risks for Japan Long Bonds, Sends Yen Lower [BBC Live] […]
[Reuters] Wall St Week Ahead Inflation data looms for markets as stocks hover near records [Yahoo/Bloomberg] Volatility Risks Rise in Japan Markets With Ishiba Set to Depart [Reuters] Japan’s stressed bond market, stocks brace for PM Ishiba exit reaction [Axios] Trump threatens Chicago with “Department of WAR” ahead of planned crackdown [Axios] AI job anxiety: […]
[Yahoo/Bloomberg] Trump says Hassett, Warsh and Waller are finalists for Fed chair [Reuters] US bond market may be too sanguine about underlying fiscal, inflation risks [Reuters] Fed’s Goolsbee says he’s undecided on Sept rate cut, defends Fed independence [Yahoo/Reuters] Japan says US trade deal not settled, awaits pharma, chip orders [Yahoo/Bloomberg] Trump Says ‘Nothing to […]
The Countdown to Cuts In August, HAI favorite commodity research firm Goehring & Rozencwajg (G&R) wrote—seemingly prophetically—of a new “inflationary era” now beginning that would be every bit as consequential to the future as the last multi-decade era of disinflation has been to our past. As G&R put it, “We believe the inflationary era now […]
An apt Friday evening headline from “The Times” (UK): “After a Very Brief Selling Frenzy, Bonds Are Back in Fashion.” What a difference a few trading sessions can make. UK 30-year gilt yields jumped to 5.75% in Monday trading – the high back to June 9, 1998 – before reversing 24 bps lower to close […]
[CNBC] Stocks gain on hope tepid jobs data will trigger Fed rate cut: Live updates [CNBC] Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown [AP] US employers added just 22,000 jobs last month amid uncertainty over President Trump’s policies [Axios] Big Tech elite lavish praise on Trump at White […]
