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[BloombergQ] Fed’s Job Gets a Lot More Complicated After Likely December Hike [BloombergQ] Pence-Xi Showdown at APEC Shows U.S.-China Divide Only Widening [Reuters] Pence vows no end to tariffs until China bows [FT] Investors signal concern over corporate credit market
What ever happened to “Six Sigma”? GE was one of the most beloved and hyped S&P500 stocks during the late-nineties Bubble Era. With “visionary” Jack Welch at the helm, GE was being transformed into a New Age industrial powerhouse – epitomizing the greater revolution of the U.S. economy into a technology and services juggernaut. GE […]
[BloombergQ] Stocks Decline as Trade War Simmers; Dollar Steady: Markets Wrap [CNBC] Fed’s Clarida says central bank close to neutral and should be ‘data dependent’ on more hikes [Reuters] China cbank tells lenders to manage pace, intensity of credit supply [Reuters] UK PM May defends Brexit deal as talk of no-confidence vote grows [AP] Brexit, […]
The Bitcoin & crypto market are once again crashing hard as mining costs exceed the bottom price threshold for profitability (13:24). UK Central Bank hold Venezuela’s gold after request (11:45). The Nasdaq tech stocks continue to feel the pain after large drops in both Amazon & Apple as well as other tech indexes. Gold pushes […]
[BloombergQ] Pound Slumps, Stocks Knocked Amid Brexit Turmoil: Markets Wrap [Reuters] Fed’s Powell: U.S. ‘really strong’ even with housing, other risks to watch [Reuters] British PM May battles to save Brexit deal as ministers quit [Reuters] US retail sales rebound sharply in October [BloombergQ] China Outlines Possible Trade Concessions to U.S. Before G20, Sources Say […]
[BloombergQ] U.S. Stocks Higher as Crude Rebounds: Markets Wrap [Reuters] Italy bond yields rise, BTP futures tumble as Italy sticks to deficit target [Reuters] Oil finds floor, stocks ease, sterling braces for wild swings [Reuters] U.S. consumer prices post biggest gain in nine months [Reuters] Defiant Italy sets stage for budget showdown with EU [BloombergQ] […]
Buy Alex Pollock’s book: “Finance and Philosophy: Why We’re Always Surprised” Risk is the price you never thought you’ll have to pay 2% inflation means prices will be up 5 fold in your lifetime Federal Reserve’s “Stable Prices” is really Orwellian Newspeak The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick ALEX POLLOCK: […]
[BloombergQ] Stocks Climb on Trade Talk Hopes; Oil Extends Loss: Markets Wrap [Reuters] European shares recover after U.S. tech rout; dollar falls [Reuters] China’s yuan inches up as state banks step in to support [CNBC] Treasury Secretary Mnuchin and top Chinese official are reportedly talking trade ahead of Trump-Xi meeting [UK Guardian] Italy expected to […]
