More
It cannot be overstated: Bubbles are of paramount importance – for markets, finance more generally, economies, and social and geopolitical stability. Two U.S. bursting episodes over the past twenty years would seem to make this proposition indisputable. I would add that Bubble Dynamics have never been more pertinent than they became over the past year. […]
OUR RECOMMENDED READING LIST Depression, War, and Cold War: Challenging the Myths of Conflict and Prosperity (Independent Studies in Political Economy) – by Robert Higgs Neither Liberty nor Safety: Fear, Ideology, and the Growth of Government (Independent Studies in Political Economy) – by Robert Higgs Jimmy Stewart is Dead – by Laurence Kotlikoff The Crash […]
[Reuters] Wall Street falls after U.S. kills top Iranian commander [Reuters] Oil, safe havens surge as U.S. strikes kill Iranian commander [Reuters] Brent jumps nearly $3 after U.S. air strike kills Iran, Iraq officials [Reuters] Dollar stumbles to nine-week low against safe-haven yen as Mideast tensions flare [Reuters] Iran vows to avenge U.S. killing of […]
[Reuters] New year cheer for stocks as rally rumbles on [Reuters] Dollar off to a flat start for 2020 as others find the fizz [Reuters] Oil climbs on U.S.-China trade optimism, Middle East tensions [Reuters] China Dec factory activity expands more slowly but confidence jumps-Caixin PMI [Reuters] UK manufacturing output slides at fastest rate since […]
[Reuters] China cuts banks’ reserve ratios again, frees up $115 billion to spur economy [CNBC] Small business pay checks are growing at a fast pace as job gains slow [Reuters] China’s central bank says economic growth resilient despite large pressure [Reuters] Protesters burn security post at U.S. Embassy in Iraq; Pentagon sending more troops to […]
Your questions answered part 2 2019. Thank you for a great 2019 and for listening to the McAlvany Weekly Commentary. The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Your Questions Answered, Part 2 January 1, 2020 “People today would look at gold and say, ‘Why would I allocate to gold when there […]
[Reuters] Global stocks end 2019 close to record highs [Reuters] Oil falls but on track for biggest yearly rise since 2016 [Reuters] Fed sees small takeup of repo, rates steady for critical year-end [Reuters] China outbound M&A plummets to 10-year low on trade tensions, economic slowdown [Reuters] China’s factory activity grows as easing trade spat […]
[Reuters] World stocks hold onto gains, dollar under pressure [Reuters] Repo rate steady before year-end [Reuters] Treasuries – Yields rise, yield curve steepest since October 2018 [Reuters] Oil rises to three-month high on upbeat data, Middle East tension [Reuters] The Decade of Debt: big deals, bigger risk [Reuters] The decade that saw volatility trading come […]
