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[Reuters] Festive world markets pause for breath near record highs [Reuters] Oil rises on supply cut pledges and slow return of Gulf field [Reuters] Fed accepts $24.80 bln at overnight repo operation [CNBC] IPOs overall beat the market this year despite some ‘mega busts’ [Reuters] Exclusive: Malware broker behind U.S. hacks is now teaching computer […]
Your questions answered part 1 2019. Thank you for a great 2019 and for listening to the McAlvany Weekly Commentary. Your Questions Answered Part 1 December 26, 2019 “In that phase one of a superinflation or a hyperinflation, stocks do better than gold, just before you get wiped out. Now, are you smart enough […]
[Reuters] Global shares hover near record high as year draws to close [Reuters] U.S. core capital goods orders barely rise; shipments drop [Reuters] Repo is Wall Street’s big year-end worry. Why? [Reuters] Leveraged loan market size doubles in ten years, private credit explodes [Reuters] The Yankees are coming! U.S. firms rush to euro debt markets […]
[Reuters] Trump says trade deal with China to be signed ‘very shortly’ [Reuters] Clashes as police try to clear Hong Kong protesters after Uighur support rally [Bloomberg] Our Guide to What the World’s Top Central Banks Will Do Next Year [WSJ] Banks Get Tough on Shale Loans as Fracking Forecasts Flop
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Looking to 2020 and the ’20s We tend to think that a turn of the calendar, even into a new decade, is generally in and of itself not a thesis-changing event. That said, as we move into this […]
[CNBC] Trump signs bills to avoid shutdown, scrap Obamacare taxes and raise tobacco buying age [Reuters] China criticizes U.S. defense bill as interference [Reuters] Australia’s bushfires circle Sydney as temperatures soar [Reuters] Hundreds arrested in India during days of protests over citizenship law [Reuters] Hong Kong protesters face off with police in mall protests [Bloomberg] […]
Oregon’s economy was at the time ravaged by our nation’s high inflation and Paul Volcker’s battle to rein it in. The state’s unemployment rate was over 10% when I graduated from the University of Oregon in 1984. I don’t recall having animus toward the Federal Reserve but was instead frustrated with Washington’s huge deficits. Paul […]
[Reuters] Stocks hit record high, sterling endures rough week [Reuters] Oil hovers near three-month highs on trade deal progress; set for third weekly rise [Reuters] U.S. third-quarter growth unrevised at 2.1% [The Hill] Budget watchdogs howl over deficit-ballooning deals [AP] Andrew Bailey to succeed Carney as Bank of England governor [Reuters] Japan’s consumer inflation ticks […]
