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[Reuters] U.S. begins collecting higher tariffs on Chinese goods arriving by sea [Reuters] Mexico eyes steps to cut immigrant flows to U.S. border, official says [AP] Trump digs in on Mexican import tariffs despite uproar [Reuters] China to investigate whether FedEx harmed client interests: Xinhua [Reuters] South Korea May exports fall for sixth month, worse […]
So Much for the “Trump Put.” May 31 – Bloomberg (Felice Maranz): “President Trump’s promise to impose tariffs on goods until Mexico halts a flow of undocumented immigrants is being panned by analysts and economists… Here’s a sample of the latest commentary: MUFG, Chris Rupkey: ‘If you are going to turn the world upside down […]
[Reuters] Stocks slide as Trump threatens tariffs on Mexico [CNBC] US 10-year yield collapses to 2.16% as Trump’s surprise Mexico tariffs stoke recession worries [Reuters] Yen surges as Trump’s Mexico threat fuels recession fears [Reuters] Oil falls to lowest in nearly three months as U.S. tariffs on Mexico stoke economy worries [Reuters] U.S. inflation picks […]
Is The Fall Of Deutsche Bank What Sparks The Next Global Financial Crisis? We cover the price movements of gold, silver, platinum, palladium, the U.S. Dollar Index, Equities markets, and more. Thank you for listening to Golden Rule Radio if you enjoyed please subscribe for more.
[Reuters] Global stocks steady, yields bounce [Reuters] Defying rate-cut expectations, dollar gains for fourth month [MarketWatch] Trade deficit widens in April as exports and imports drop [CNBC] First-quarter economic growth up 3.1%, better than Wall Street expected [Reuters] Trump says U.S. doing well in trade talks with China [Reuters] Taking aim at U.S., China says […]
[Reuters] Stocks slide as rising trade tensions fuel slowdown worries [Reuters] Bond bulls get a boost as trade tensions fan recession fears [CNBC] 3-month yield tops 10-year rate in widest curve inversion since financial crisis [Reuters] China ready to hit back at U.S. with rare earths: ruling party newspaper [Reuters] China central bank makes biggest […]
This week economist Steve Hanke of the Johns Hopkins University in Baltimore joins the weekly commentary: “There’s never been a hyperinflation of a commodity backed currency” “Behind all hyperinflation is a massive government deficit” “Gold purchasing power is very stable over the long run” The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick […]
[Reuters] Stocks rally cut off by EU threats over Italy’s budget [CNBC] 10-year Treasury yield drops to 19-month low as trade fights threaten US growth [Reuters] Oil defies trade fears as prices rise on tight supply [CNBC] Home price gains weaken yet again in March: S&P Case-Shiller index [CNBC] Increasing tariffs on China will likely […]
