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[CNBC] S&P 500 drops 8%, triggers ‘circuit breaker’ trading halt even after the Fed cuts rates [Reuters] Stocks pounded as Fed’s aggressive rate cut fans recession fears [Reuters] Brent falls 10%, WTI below $30 as coronavirus spreads [Reuters] Yen jumps as traders seek safety despite Fed’s slashing rates [Reuters] Fed slashes rates, global central banks […]
[Reuters] The plumbing behind world’s financial markets is creaking. Loudly [Reuters] Haven assets losing their mojo in virus-stricken market [Reuters] Wall St Week Ahead-Investors hope Fed can help calm markets as big rate cut expected [Reuters] EU finance ministers to hold video call on virus on Monday [CNBC] Coronavirus live updates: Nike closes all US […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Analyzing the Apocalypse This has been a week for the ages. Or the aging. A decade or so of pent up risks unwound within the course of this week. One of my colleagues was quoted as saying “I […]
[Reuters] Wall Street weekahead: Investors hope Fed can help calm markets as big rate cut expected [Reuters] World closes borders, restricts travel to contain coronavirus spread [CNBC] Coronavirus live updates: Hospitals cancel elective surgeries, small businesses get pummeled [Reuters] Japan’s Abe vows ‘unprecedented steps’ to protect virus-hit economy, urges global cooperation [Reuters] As Wall Street […]
It was as if global markets pulled elements from the 1994 bond market dislocation, 1997’s Asian Bubble collapses, the 1998 Russian/LTCM fiasco, and the 2008 market crash – and synthesized them for a week of ridiculous market instability and dysfunction. Thursday was an extraordinary day of global market panic – The “Worst Day Since the […]
[Reuters] Stocks bounce back after pandemic-driven carnage [Reuters] World stocks rise on spending hopes, still [Reuters] Nikkei plunges as much as 10% as market panic deepens; REITs pounded [Reuters] Oil prices set for biggest weekly drop since 2008 [Yahoo/Bloomberg] Germany Pledges Unlimited Cash as EU Set to Green Light Spending [Reuters] Central banks flash the […]
The stock market continues to see massive volatility and sell off. We cover the market movements of gold, silver, platinum, palladium, the U.S. Dollar index, DOW, and more in this week’s program. To learn more about what you can do to protect yourself from supply chain disruption click here: https://mcalvanyica.com/supply-chain-disruption Thanks for listening, if you […]
[Reuters] Stocks plummet after Trump bans travel from Europe to contain coronavirus blow [Reuters] Oil falls 7% as Trump surprises with travel ban [Reuters] Corporate credit risk heightens as coronavirus impact spreads [Reuters] Bitcoin plummets as cryptocurrencies suffer in market turmoil [CNBC] US producer price index fell 0.6% in February, vs 0.1% drop expected [AP] […]
