More
[CNBC] Stocks tick lower following back-to-back winning weeks: Live updates [Yahoo/Reuters] Dollar braces for busy week of geopolitics and Fed speak [Yahoo/Bloomberg] Chinese Stock Index Rises to Decade High as Investors Dump Bonds [Reuters] Powell has used Jackson Hole to battle inflation and buoy jobs; he’s now caught between both [Yahoo/Reuters] What US stagflation risks […]
[Reuters] Wall St. Week Ahead Wall Street trains sights on Jackson Hole Fed gathering [Yahoo/Bloomberg] Central Bankers Flock to Jackson Hole at Pivotal Moment [NPR] Electricity prices are climbing more than twice as fast as inflation [Axios] America starts to feel the squeeze: What we know about tariffs and inflation [Yahoo/Bloomberg] European Leaders to Join […]
[Axios] Trump to meet Zelensky on Monday after “difficult” post-summit call [Reuters] Zelenskiy braces for perilous Trump talks in Washington on Monday [Reuters] Trump adopts Putin’s preference for route to Ukraine peace after meeting in Alaska [Yahoo/Bloomberg] Trump Says Up to Zelenskiy to Make Deal After Summit With Putin [Yahoo/Bloomberg] Charting the Global Economy: US […]
Enjoy the Show While the last month and a half has delivered a seemingly endless parade of new all-time highs from the major stock market indexes, the underlying momentum of this ongoing rally continues to falter. Despite the blistering rally, the percentage of NASDAQ 100 stocks trading above their 50-day moving averages peaked back in […]
Just another week in Bizzaro Bubble World. Bloomberg: “Bessent Urges Fed to Lower Rates by 150 Basis Points or More.” NYT: “Trump, Seeking Friendlier Economic Data, Names New Statistics Chief.” WSJ: “The Partisan Economist Trump Wants to Oversee the Nation’s Data.” CNBC: “Trump threatens Fed chair Powell with ‘major lawsuit,’ demands interest rate cut.” Reuters: […]
[CNBC] S&P 500 rises, heads for big weekly gain after solid retail sales data: Live updates [Yahoo/Bloomberg] Oil Market Awaits Crucial Trump-Putin Meet as Prices Drift Lower [Reuters] Live Alaska summit updates: Trump and Putin to meet on Ukraine [Reuters] Trump and Putin to spar Ukraine peace and arms control at Alaska summit [Yahoo/Bloomberg] A […]
Ongoing tariff fears pushed futures markets above $3,500 and hints at a potential gold breakout. With continued rising inflation, and a high likelihood of a September rate cut, the precious metals market is positioned for strong gains. Let’s take a look at where prices stand as of Wednesday, August 13: The price of gold is […]
[CNBC] Stocks take a hit after July’s wholesale inflation is much hotter than expected: Live updates [AP] U.S. producer prices surge in July as Trump tariffs push costs higher [AP] Trump’s friendly-to-frustrated relationship with Putin takes the spotlight at the Alaska summit [Yahoo/Bloomberg] Trump Signals Tough Stance With Putin Ahead of Alaska Summit [Yahoo/Reuters] Fed’s […]
