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[Reuters] Wall Street higher after Powell’s remarks raise rate cut bets [Reuters] Oil prices rise as data shows bigger-than-expected fall in U.S. stockpiles [Reuters] Fed’s Powell says trade, global growth concerns continue to weigh on U.S. economy [CNBC] Powell: ‘Crosscurrents’ are weighing on the economy so Fed will ‘act as appropriate’ [Reuters] China’s June factory […]
IMF Paper looks at closing the money system & charging you for cash – Click Here To Read Deutsche Bank fires 18,000 people to try to stay afloat Gold & Safe Havens now on the move – somebody knows something Click Here to learn about VAULTED.com The McAlvany Weekly Commentary with David McAlvany and […]
[Reuters] Global stocks drop for third day, BASF warning stings Europe [Reuters] Oil rises towards $65 as supply concerns outweigh trade disputes [Reuters] U.S., China to relaunch talks with little changed since deal fell apart [CNBC] Fed Chair Powell’s job is safe ‘at the present time,’ Larry Kudlow says [The Hill] Debt ceiling deadline could […]
[Reuters] Global shares muted as prospect of sharp U.S. rate cut fades [Reuters] China stocks fall as U.S. rate cut expectations ease; new listings weigh [Reuters] Oil prices tread water as market eyes global risks [SCMP] One year in, US-China trade war is the ‘first sentence of the first chapter’ of a new superpower rivalry […]
[Reuters] Erdogan says Turkish cenbank chief ousted for refusing rate cuts: report [Yahoo/Bloomberg] Deutsche Bank Drastic Overhaul Set to Return Lender to Roots [Reuters] Iran ratchets up nuclear tensions with enrichment plan [Reuters] China’s envoy to Britain laments “Cold War mentality” over Hong Kong protests [Bloomberg] All Eyes on Powell Testimony as Jobs Gain: Global […]
[CNBC] Democracies are on track to lose their global economic dominance as ‘authoritarian capitalism’ rises [Reuters] Turkey’s Erdogan fires central bank chief as policy rifts deepen [Bloomberg] Trump Says Fed ‘Doesn’t Have a Clue’ [Bloomberg] Why It May Be Downhill From Here for Stocks in 2019 [Bloomberg] SocGen Chairman Warns Economic Risks Are Building in […]
Please join Doug Noland and David McAlvany Thursday, July 18th, at 4:00PM EST/ 2:00pm MST for the Tactical Short Q2 recap conference call, “What’s Behind the Global Yield Collapse?” Click here to register. A market week that began with a U.S./China trade “truce” ended with much stronger-than-expected (224k) June non-farm payrolls data. There were new […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Commodities Create Fireworks for the 4th I hope you all had a safe and happy Independence Day. Although it has been a shortened week, it has been eventful. The week started with the 176th 2-day OPEC meeting on […]
