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[CNBC] Scary Friday could lead to scary Monday for markets [CNBC] Janet Yellen exits the Fed on Friday amid heavy praise and bitter criticism [Reuters] With an eye on Russia, U.S. to increase nuclear capabilities [WSJ] Investors Are Selling Bonds Everywhere—but for Different Reasons
Even well into 2017, variations of the “secular stagnation” thesis remained popular within the economics community. Accelerating synchronized global growth notwithstanding, there’s been this enduring notion that economies are burdened by “insufficient aggregate demand.” The “natural rate” (R-Star) has sunk to a historical low. Conviction in the central bank community has held firm – as […]
[Bloomberg] Treasuries Fall, Dollar Gains on Jobs, Wages Data: Markets Wrap [Bloomberg] U.S. Added 200,000 Jobs in January; Wages Rise Most Since 2009 [CNBC] US 10-year Treasury yield jumps to 4-year high of 2.83% after jobs report [Reuters] Dow futures drop 250 points as bond yields rise; jobs data eyed [Bloomberg] European Stocks’ Stellar Start […]
This week we revisit the State of the Union address and the emphasis on infrastructure spending in 2018. The US Dollar fell lower and if it goes much further there are going to be some big drops before we hit the next support levels. We discuss the importance of the white metals especially in relation […]
[Bloomberg] U.S. Stocks Fall on Tech Weakness, Bonds Pare Loss: Markets Wrap [Bloomberg] U.S. Productivity Fell Last Quarter to Extend Sluggish Run [Politico] GOP faces new shutdown threat from within [Reuters] China January factory growth remains strong as output accelerates: Caixin PMI [Bloomberg] China Urges Crackdown on M&A Loans Used to Buy Land [Nikkei AR] […]
Deficit Spending Party! A trillion here, a trillion there… Does Passive Investing make you dumber? No Bubble Here: Inflows into equity funds hit historic high The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick There are two things that define inflation – the actual inflation number, and people’s expectation of where inflation is, and […]
[Bloomberg] Stock Declines Ease as Dollar Drops; Oil Retreats: Markets Wrap [Reuters] Trump urges Congress to help stimulate $1.5 trillion in infrastructure spending [Bloomberg] Inflation Debate Grips Fed as Yellen Exits: Decision-Day Guide [Bloomberg] U.S. Raises Long-Term Debt Sales as Budget Deficit Worsens [Bloomberg] Employment Costs in U.S. Match Fastest 12-Month Gain Since 2008 [Bloomberg] […]
[Bloomberg] U.S. Stocks Drop for a Second Day; Oil Declines: Markets Wrap [Reuters] World stocks sucked under by bond market breakout [Bloomberg] Health Stocks Fall After Amazon, JPMorgan, Berkshire Announce Health-Care Deal [CNBC] Trump advisor Cohn: President to focus on $1.5 trillion infrastructure plan in State of the Union [CNBC] Home prices surge to new […]
