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Last week from The Institute of International Finance (IIF) (a summary from a members-only report): “Global debt has topped $250 billion – 320% of GDP: emerging market debt hits a new record of $71.4 trillion (220% of GDP); With limited room for further easing, debt service costs will be an increasing constraint on fiscal policy… […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Is There a Doctor In the House? Copper is often referred to as “Doctor Copper” because it is looked to as a barometer of the health and direction of the global economy. The moniker also applies because copper […]
[Reuters] Stocks edge higher as China fuels trade deal optimism [Reuters] Oil holds near two-month high on OPEC+ extension expectations [CNBC] Trump says trade deal with China is ‘very close’ [AP] China’s Xi says Beijing wants trade deal, can ‘fight back’ [Reuters] ECB can’t be complacent about bubble risks: Weidmann [Reuters] U.S. warships sail in […]
Silver & Platinum Poised For Big Breakout – GLD ETF Dangers. [thrive_leads id=’26614′]
[Reuters] Risk on, risk off, repeat! U.S.-China trade deal faces HK hurdle [Reuters] Dollar dips as spotlight remains firmly on U.S./China trade [Reuters] China says it will strive to reach ‘phase one’ trade deal with U.S [AP] China bats away rumors, says trade talks with US continue [CNBC] Trump signing pro-Hong Kong rights bill into […]
[Reuters] Wall Street lower as Hong Kong bill escalates U.S.-China tensions [Reuters] Sino-U.S. spat over Hong Kong knocks world shares off 22-month high [CNBC] China accuses US of interference after Senate passes bills supporting Hong Kong protesters [Reuters] Beijing tariff demands may expand U.S.-China ‘phase one’ trade deal significantly [Reuters] Junk loan market tensions signal […]
Fed is on track to commit $11.5 trillion in “gross cumulative support” Minsky – Moment comes when stability begets sudden instability Carl Swenlin says Apple’s vertical blow off months away from reversal The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Not QE” Is Costing Every Man, Woman, & Child $183 Per Day […]
[Reuters] Shares scale 22-month peak as focus turns to growth [Reuters] U.S. housing starts rebound; permits highest in over 12 years [Reuters] Trump says he told Fed’s Powell U.S. interest rates are too high [Reuters] Kuroda denies ever saying BOJ has unlimited tools to ease policy [Reuters] Return of short-selling bans: market protection or ‘war […]
