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Jerome Powell downplays the rapid rise of money in the system Is the rise in commodity prices justified by supply & demand forces? F-35 Jet has 416 kilograms of strategic rare earth minerals – mainly from China The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick How To Spin The Tale On Inflation […]
[Yahoo/Bloomberg] U.S. Stocks Decline as Europe Shares Gain: Markets Wrap [Reuters] Wall Street heads for subdued start, on bond watch [Yahoo/Bloomberg] China’s Focus on Bubble Risks Is a Warning Sign for Stock Market [Yahoo/Bloomberg] China ‘Worried’ About Bubbles in Property, Foreign Markets [Reuters] Australia’s central bank commits to keep 3-year yields low amid bond rout […]
Investors Move to Reduce Risk The predominant market theme for this week was the spike in the 10-year yield and its implications for risk assets. Stepping back, as risk-free rates rise and offer cash flows with minimal risk, the opportunity cost in owning risky assets, such as stocks, becomes incrementally less attractive. As the long-term […]
[Yahoo/Bloomberg] Stocks, Commodities Rally as Treasuries Slide: Markets Wrap [Yahoo/Bloomberg] Oil Powers Ahead as Critical OPEC+ Meeting Looms, Markets Rally [Reuters] Spotlight moves to U.S. Senate as Democrats push $1.9 trillion COVID-19 relief bill [Yahoo/Bloomberg] Wall Street Is Set to Learn How Tough Biden’s Watchdogs Will Be [Reuters] Texas electricity firm files for bankruptcy citing […]
[AP] Biden team readies wider economic package after virus relief [Reuters] China’s factory activity expands at a slower pace in February, misses expectations: official PMI [Reuters] Growth in China’s services sector slows in February -official PMI [Yahoo/Bloomberg] Troublesome Trio in Emerging Markets Face Yield-Spike Scare [Reuters] Dozens of leading Hong Kong pro-democracy campaigners charged with […]
[Reuters] Biden scores legislative win as House passes $1.9 trillion COVID-19 relief plan [Reuters] Investors jumping the gun as TIPS, futures flag early Fed tightening [Reuters] Wall Street Week Ahead: Investors weigh new stock leadership as broader market wobbles [Yahoo/Bloomberg] Texas’s Power Market Is $1.3 Billion Short After Energy Crisis [NPR] The Power Is Back […]
Ten-year Treasury yields closed out a tumultuous week at 1.41% bps, pulling back after Thursday’s spike to a one-year high 1.61%. Ten-year Treasury yields are now up 49 bps from the start of the year and almost 100 bps (1 percentage point) off August 2020 lows. More dramatic, five-year yields jumped 16 bps this week […]
[Yahoo/Bloomberg] Global Bond Rout Eases; Dollar Extends Advance: Markets Wrap [CNBC] 10-year Treasury yield retreats slightly from one-year high [Reuters] China, Hong Kong stocks drop over 2% as bond yields surge [Reuters] Stock markets hit by bond whiplash [Reuters] Benchmark JGB yield hits highest in 5 years as bonds fall globally [Reuters] Bond selloff boosts […]
