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I’ve been dreading this. In the midst of all the policy responses to the collapse of the mortgage finance Bubble, I recall writing something to the effect: “I understand we can’t allow the system to collapse, but please don’t inflate another Bubble.” It was obvious early on that policymakers had every intention to reflate Bubbles. […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: “Is It Time to Buy?” Photo: Hedgeye.com We’d like to preface this piece by saying that we in no way wish to minimize the impact of COVID-19 on the economy, the financial markets, on confidence, and on society. […]
[Reuters] Wall Street gains at the end of blistering week [Reuters] Markets gain as central banks, governments pour in cash [Reuters] Euro zone bond yields tumble as risk sentiment picks up [AP] Trump’s team, senators to negotiate $1T economic rescue deal [CNBC] California governor issues statewide order to ‘stay at home’ effective Thursday evening [CNBC] […]
The market volatility continues as stocks declined heavily alongside almost all currencies except for the dollar. The gold to silver ratio reaches its highest point in history this week, and even though spot prices for the precious metals declined this week, demand for physical product went through the roof leading to product shortages across the […]
[Reuters] Stocks fall again as recession fears rage on [Reuters] Dollar rules; ECB stimulus boosts bonds [Reuters] Credit markets flash red as coronavirus hits corporate America [Reuters] Oil jumps after three-day slump but virus and oversupply still weigh [Reuters] ECB to print 1 trillion euro this year to stem coronavirus rout [Reuters] U.S. Fed moves […]
[Reuters] Stocks, oil sliding again in ‘irrevocably changed’ markets [Reuters] Italian bond yields jump, central bank intervention brings some calm [Reuters] U.S. crude hits 17-year low as lockdowns, restrictions spread [Reuters] Dollar rockets to three-year highs as coronavirus fears fuel funding scramble [CNBC] US housing starts total 1.599 million in February, vs 1.500 million expected […]
The crisis isn’t c-19 it’s c-253 (trillion) The $253 trillion debt ponzi scheme began unraveling 7 months ago Physical gold will run out immediately when people “run out” of the bond market The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick All The King’s Horses & All The King’s Men Can’t Put $253 […]
[Reuters] Stocks higher after Wall Street’s steepest plunge since 1987 [Reuters] German Bund yields reach one-month high, French, Spanish sell-off continues [Reuters] Asian stocks fall in volatile session after historic Wall St. plunge [Reuters] Oil falls to $30 on recession fears and Saudi pump war [Reuters] Offshore dollar funding markets flash amber as squeeze intensifies […]
