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The Federal Reserve is under assault. Our nation, as we have known, is under assault. Equities, well, they seemingly couldn’t be chippier. Bloomberg: “Wall Street Gets the Rally Signals From Powell It Was Hoping For.” The Friday rally saw the Nasdaq Bank Index jump 4.5%, the Dow Transports 3.3%, the KBW Bank Index 3.2%, the […]
[CNBC] Stocks rise ahead of Powell’s Jackson Hole speech: Live updates [Yahoo/Bloomberg] Bond Market Rate-Cut Bets Face Powell Reckoning at Jackson Hole [Yahoo/Bloomberg] Default Warnings Start to Pile Up in Private Credit Market [Axios] Trump’s pay-me capitalism puts the squeeze on corporate America [AP] Trump’s crackdown in DC leaves residents on edge as federal agents […]
This week gold and silver see some small downwards movement following their recent gains. Platinum held steady, while palladium continued its declining slide. The S&P briefly reached a new all-time high before dropping down to 6,400. Meanwhile, the focus shifts to Jackson Hole and what the next Fed meeting will unveil. Let’s take a look […]
[CNBC] Stocks slip after a 4-day losing streak for S&P 500: Live updates [Yahoo/Bloomberg] Oil Holds Gain After Biggest Drop in US Stockpiles in Two Months [Reuters] US weekly jobless claims rise to highest since June [Reuters] Morning Bid: Jackson Hole to open under Trump’s shadow [Yahoo/Reuters] Fed’s expansive experiment in strategy to get a […]
[CNBC] S&P 500 lower as investors await retail earnings, Fed minutes: Live updates [Yahoo/Reuters] Trump calls on Fed Governor Cook to resign [Reuters] Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry [Reuters] Morning Bid: Tech angst on AI doubts [Yahoo/Reuters] Fed minutes could show whether Waller and Bowman had company in favoring […]
Could A Breakdown In Bonds Break The Stock Market? Bessent Pressures Bank Of Japan For A Stronger Yen Would Trump Sue The Fed? “We are spending around 600 billion a month, and the US political class has been unwilling to meaningfully cut spending to address our debt issues. Obviously the hope is that we grow […]
[CNBC] Stocks ticked down as the market awaits Fed’s Jackson Hole summit, retail earnings: Live updates [Yahoo/Bloomberg] Oil slips as Trump ramps up diplomatic push to end Ukraine war [Yahoo/Reuters] US single-family starts, permits rise in July [Reuters] Morning Bid: Caution on Ukraine, eyes on Jackson Hole [Reuters] US would help assure Ukraine’s security in […]
Despite the ongoing avalanche of societal, economic, and strategic changes in America and throughout the world, Trump’s priorities—and thus the thrust of events—remain relatively stable. Every week brings a new policy, but not a new priority. America’s economy, military strength, manufacturing health, and citizen welfare remain front and center—the latter being the umbrella category for […]
