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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 […]
While gold reaches a new record and silver surges past its trading range, government policy continues to reshape the investment terrain. Let’s take a look at where prices stand as of Wednesday, September 3: The price of gold is up 4.5% at $3,564, reaching a new record high. The price of silver is up 6.2% […]
[CNBC] S&P 500 little changed after weak ADP hiring data ahead of Friday’s jobs report: Live updates [Yahoo/Bloomberg] Rising Treasury Volatility Is Evoking ‘Liberation Day’ Memories [Yahoo/Reuters] Dollar weak as cracks in US labour market spur rate cut bets [Yahoo/Reuters] Oil prices extend losses on OPEC+ considers another output hike [Yahoo/Bloomberg] Goldman Says Gold Near […]
[CNBC] S&P 500 rises after Google avoids harsh antitrust penalty: Live updates [Yahoo/Bloomberg] Gold Extends Gains to Fresh Record on Rate-Cut Bets, Debt Fears [CNBC] Mortgage demand from homebuyers pulls back, after four weeks of gains [Axios] Xi, flanked by Putin and Kim, hosts China’s largest-ever military parade [Reuters] ‘Peace or War’: China’s Xi hosts […]
Gold & Silver Break Above Historic Numbers Lisa Cook & World Perception Of Fed Independence All Eyes On September 17th “You meet the expectations with a 25 basis point cut. You beat the expectations with a 50 basis point cut. You completely blow up expectations and you see a massive equity market hissy fit if […]
Those who focus primarily on the financial/economic elements of Trump’s policies are understandably concerned. His policies conform to no known economic theory. They are not Marxist, Keynesian, Classical, Neoclassical, Chicago School, Austrian, or anything else—though they incorporate important elements of several of these schools of thought. One important element seems ironically to come from the […]
