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Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Rumors of CV19’s Death are Premature The effects of the COVID-19 crisis are likely to linger for some time to come. Although fiscal and monetary action on the part of global policy makers has been nothing short of […]
[AP] No virus bill yet: White House, GOP at odds over jobless aid [Reuters] Wall Street Week Ahead: Investors hedging, worry about exuberance, as U.S. risks rise [Reuters] Record numbers of coronavirus cases in every global region: Reuters tally [Reuters] Tight security outside U.S. Chengdu consulate after China orders closure [Reuters] Australia says China’s South […]
The Shanghai Composite traded as high as 3,382 during Tuesday trading, before reversing 5.5% lower to end the week at 3,192. The Shanghai Composite previously surged 16% over eight sessions (June 30th to July 9th), highlighted by a 5.7% jump on July 6th. This index sank 4.4% on July 16th – and then fell 3.9% […]
Tactical Short Strategy Conference Call – July 23, 2020 MWM · MWM Tactical Short Q2 2020 Call Q2 Recap Conference Call – July 23, 2020: Good afternoon everyone, thank you for joining us for the second quarter recap conference call. As always, special thanks to our valued account holders. We greatly value our client relationships. Since […]
[CNBC] Stocks back off on U.S.-China frictions; Intel sinks [CNBC] China markets extend losses, Shenzhen stocks dive beyond 5% as U.S.-China tensions flare [Reuters] World shares retreat on rise in Sino-US tensions [Reuters] Oil prices edges up on weak dollar, U.S.-China tensions weigh [CNBC] China orders U.S. to close consulate in Chengdu [AP] Always rocky, […]
Gold near all time highs. The metals now sit at a very key point. We look at the price movements of gold, silver, platinum, palladium, the US Dollar index, and equities sector. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and geopolitical commentary. […]
[Reuters] Stocks gain as upbeat earnings outweigh U.S.-China tensions [Reuters] Dollar hits four-month low, yuan recovers as Sino-U.S. tensions simmer [CNBC] U.S. weekly jobless claims total 1.416 million, vs 1.3 million expected [CNBC] Mnuchin says GOP plan for unemployment extension will be based on ’70% wage replacement’ [Reuters] China state media blasts Houston consulate shutdown […]
[Reuters] Stocks retreat as Sino-U.S. relations sour [Reuters] Gold hits highest since 2011 on stimulus bets, silver at near 7-year peak [Reuters] Currency markets resume risk-on rally, shrugging off U.S.-China consulate spat [Reuters] U.S. orders China to shut Houston consulate in move China calls ‘unprecedented escalation’ [Reuters] China central bank to pause easing as economy […]
