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[Bloomberg] Stocks Advance, Bonds Fall as Trade Fears Subside: Markets Wrap [CNBC] China’s premier pledges to open markets in a bid to avert a trade war with the US [Bloomberg] Bond Traders Face Gut-Check in Record $300 Billion U.S. Auctions [Bloomberg] ‘Vulnerable’ Stocks and Record U.S. Debt Sales Dominate the Week [Bloomberg] In Xi’s China […]
[Bloomberg] Asia Stocks Signal More Losses Amid Trade Tensions: Markets Wrap [Reuters] Mnuchin: Trump not afraid of a trade war with China – Fox News [Bloomberg] Mnuchin ‘Hopeful’ Truce Can Be Reached With China on Trade [Bloomberg] Reports of Williams Heading to New York Fed Spur Backlash [Bloomberg] China Is About to Shake Up the […]
[Bloomberg] Stocks Tumble in Biggest Weekly Decline Since 2016: Markets Wrap [Reuters] China warns US it will defend own trade interests [CNBC] Top economists and business leaders weigh in on the risks of a US-China trade war [CNBC] Conservatives rip Trump for signing massive spending bill that ignores many of their priorities [Bloomberg] San Francisco […]
Deutsche Bank (DB) dropped 13% this week to a 15-month low. DB is now down 28% y-t-d. European banks (STOXX) sank 5.0% this week. Hong Kong (Hang Seng) Financials were down 4.9%. Japan’s TOPIX Bank index fell 3.3%. In the U.S., banks (BKX) were slammed 8.0%, the “worst loss in two years.” The Broker/Dealers (XLF) […]
[Bloomberg] Stocks Climb as Energy Leads Gains; Oil Increases: Markets Wrap [Bloomberg] Gold’s ‘Good Week’ Gets Better as Trade War Ignites Haven Demand [Bloomberg] Oil Gains as Trump Picks Iran Hawk Bolton as Security Adviser [Bloomberg] Trump Threatens Spending Bill Veto, Raising Prospect of Shutdown [Bloomberg] China responds to Trump tariffs with proposed list of […]
This week we discuss the Fed’s recent decision to rase interest rates and how the markets reacted. We’ll cover the downward movement of the DOW & Dollar. Gold & Silver saw positive movements as did oil this last week. We’ll look back at the previous financial crisis and learn that not much has changed since […]
[Bloomberg] Stocks Drop, Bonds Rally as Trade Tensions Rise: Markets Wrap [Bloomberg] Trump to Announce $50 Billion in China Tariffs, Sources Say [CNBC] US vows to defend farmers from possible China trade action against soybeans [Reuters] China blames U.S. for staggering trade surplus as tariffs loom [Bloomberg] Congress Rushes Toward Spending Vote to Prevent Shutdown […]
[Bloomberg] Stocks Renew Drop on Facebook Concern; Dollar Dips: Markets Wrap [Reuters] U.S. current account deficit widens in fourth quarter [Bloomberg] Powell to Ponder Hawkish Tone in FOMC Debut: Decision Day Guide [CNBC] GOP spending bill to include funding for NYC tunnel, opioid crisis, and border security [Politico] White House plans China trade crackdown Thursday […]
