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[Reuters] Oil producers to discuss exit plans from cuts once market near balance: Russia [CNBC] California’s monster Thomas fire becomes largest-ever wildfire in state history [Spiegel] Merkel’s Difficult Road to a Coalition [WSJ] One Thing Tax Overhaul Won’t Do? Simplify Corporate Taxes
Ten-year Treasury yields jumped 13 bps this week to 2.48%, the high going back to March. German bund yields rose 12 bps to 0.42%. U.S. equities have been reveling in tax reform exuberance. Bonds not so much. With unemployment at an almost 17-year low 4.1%, bond investors have so far retained incredible faith in global […]
[Bloomberg] Europe Stocks Slide on Catalan Poll; Dollar Gains: Markets Wrap [Bloomberg] U.S. Consumer Spending Tops Forecasts as Inflation Accelerates [Bloomberg] Catalan Separatists Cheer Puigdemont as Rajoy Handed a Drubbing [Reuters] Japan’s record financial year 2018 budget puts fiscal discipline in doubt [CNBC] Bitcoin falls by more than $3,000, dropping through $13,000 mark [Bloomberg] December’s […]
As 2017 comes to a close Golden Rule Radio looks back at gold, silver, platinum, palladium, and the US Dollar Index over the course of the last year. Gold looks to finish 2017 up 10% on the year as the platinum to palladium ratio offers massive opportunities for those employing the correct strategies. Thanks to […]
[Reuters] Wall Street opens higher after GDP data [CNBC] House unveils ‘clean’ spending bill to fund the government through January 19 [Bloomberg] Subprime Auto Defaults Are Soaring, and PE Firms Have No Way Out [Reuters] U.S. third-quarter economic growth trimmed; jobless claims rise [Bloomberg] BOJ Maintains Stimulus as Inflation Lags Behind Growth [Bloomberg] Are There […]
[Bloomberg] Treasuries Down, Stocks Up as Tax Bill Progresses: Markets Wrap [Bloomberg] Oil Gains on Signals U.S. Stockpiles Fell More Than Expected [Bloomberg] Senate Passes U.S. Tax Overhaul Putting Trump on Brink of Big Win [Bloomberg] China Turning Screws on Leverage Creates Record Divide in Stocks [Reuters] Swedish central bank starts down road toward normalising […]
This Vader Grows Asset Bubbles Then They Burst Central Banks Have Repeated The Same Mistake Of 2003-2007 $8.3 Trillion Central Bank Intervention & Only $2.1 Trillion GDP Growth…. Ouch The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Is there a possibility for surprise in 2018? A military surprise? A market surprise? A surprise […]
[Bloomberg] Stocks Mixed as Euro Climbs; Treasuries Decline: Markets Wrap [Bloomberg] U.S. Single-Family Housing Starts Rise to Highest in a Decade [CNBC] Holiday spending on track to be highest in at least 12 years: CNBC survey [Reuters] Central banks, trade and bubbles threaten the 2018 status quo [Bloomberg] IMF Warns One of Most Crowded Bond […]
