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[Reuters] Exclusive: Fed’s Mester weighing argument for U.S. rate cut [CNBC] Here’s what Powell could say at Jackson Hole to soothe the roller coaster markets [Reuters] China unveils rate reform to steer funding costs lower for firms [Reuters] Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources [Reuters] […]
The Chinese Credit machine sputtered in July. Growth in Total Aggregate Financing dropped to $144 billion, almost 40% below consensus estimates. This was less than half of June’s $320 billion increase and the slowest expansion since February. The sharp slowdown was beyond typical seasonality, with the month’s growth in Aggregate Financing 18% below July 2018. […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Careful Planning, Particularity, and Patience The melt up in gold and precious metals along with related stocks continued this week as collapsing global yields and the threat of a slowing global economy sent investors seeking safe havens. Of […]
[Reuters] Stocks gain on stimulus hopes but still head for third losing week [Reuters] U.S. housing starts drop for third straight month [CNBC] Fed may not have enough firepower to prevent a recession [Reuters] To spur consumption, China preps plan to boost disposable income by 2020 [Reuters] Mexico’s central bank cuts rates for first time […]
We’re right back where we were in 2006 and 2007 when it comes to inflation circumstances and market conditions… Consumers are more in debt than they ever have been before. The stock market (leading into an election year) is now looking like it did back in 2006/2007. Gold has risen over 20% in just 3 […]
[Reuters] Stocks gain after strong retail sales data [Reuters] Global stocks hurt by China’s trade threats, falling bond yields [Reuters] Oil prices fall on concerns over recession, inventories [Reuters] U.S. retail sales surge in July in boost to economy [MarketWatch] U.S. productivity increases 2.3% in second quarter [Reuters] China says it must take counter-measures to […]
[Reuters] Recession fears hit Wall Street after grim China, German data [Reuters] Stocks wilt as bond markets flash recession warnings [Reuters] Chinese yuan surrenders some gains; yen climbs as growth fears return [Reuters] U.S. Treasury bond curve inverts for first time since 2007 in recession warning [Reuters] Gold prices rise 1% on global recession fears […]
Gold breaks $1500 as safe haven “Free Stuff” beats free markets: Will Kirchner return to Argentina Leadership? Russell Napier suggest we may be entering a 30 year bull market for gold The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Once A “Sure Bet,” Argentina’s 100 Year Bond Drops To 54¢ on the […]
