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[Yahoo/Bloomberg] Saudi Stocks Lead Gulf Gains on Surging Oil Bets: Inside EM [CNBC] Senate passes $1.9 trillion Covid relief bill, House Democrats plan final approval Tuesday [Yahoo/Bloomberg] Powell’s Dashboard Shows How Far U.S. Economy Has to Go on Jobs [CNBC] Chinese foreign minister takes firm tone, calls for ‘non-interference’ between China and the U.S. [Reuters] […]
[Reuters] Democrats advance Biden’s $1.9 trillion COVID-19 bill in marathon Senate session [Reuters] Wall Street Week Ahead: Investors weigh how far tech stocks can slide after volatile week [Yahoo/Bloomberg] Senate Nears Saturday Passage After All-Nighter: Stimulus Update [AP] Speedy variants power virus surge sweeping Europe [CNN] White House warns of ‘active threat’ from Microsoft email […]
It was another unsettled week for notably synchronized global markets. The week began with a decent bout of hope. The S&P500 rallied 2.8% in Monday trading, “its strongest one-day gain since June.” Having begun in Asia, the market rally gained momentum in European trading, which set the stage for a gap higher opening for U.S. […]
Fed Starting to Lead Interest Rate Policy from the Rear Bank of America is calling this, “a new era of volatility.” Bonds, stocks, commodities, precious metals, everything was on the move in dramatic form, with the VIX up 26%, to over 31.5 mid-week. (For a comprehensive scoring of performance see our Credit Bubble Bulletin). Notable […]
[Yahoo/Bloomberg] Bond Yields Hit 1.6% on Jobs Data; Stocks Rise: Markets Wrap [Yahoo/Bloomberg] Global Credit Markets Stumble in One of This Year’s Worst Weeks [Reuters] Oil hits almost 14-month high after OPEC+ extends output cuts [Yahoo/Bloomberg] U.S. Job Growth Surges Past Estimates; Unemployment Dips to 6.2% [CNBC] U.S. trade deficit widens as goods imports hit […]
This week we recap the price movements of gold, silver, the US Dollar, and more. Thank you for listening to Golden Rule Radio. If you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary.
[Yahoo/Bloomberg] Stocks and Bonds Steady After Jobs Data: Markets Wrap [Reuters] Bond scares linger, investors look to Powell [Reuters] Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in U.S. inventories [Yahoo/Bloomberg] Initial Claims for U.S. Jobless Benefits Rose Slightly Last Week [AP] House passes sweeping voting rights bill over GOP opposition [Yahoo/Bloomberg] Powell […]
[Yahoo/Bloomberg] Stocks Decline as Treasuries Extend Rout: Markets Wrap [Reuters] Oil up as OPEC+ considers rollover rather than raising output [Reuters] Rocket leads mortgage sector surge in GameStop-style short squeeze [Yahoo/Bloomberg] Cost of Treasuries-Led Rout Seen in Troubled Bond Sales Globally [CNBC] Private payrolls growth well short of expectations for February, ADP says [CNBC] Mortgage […]
