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[Bloomberg] Dollar Rises to Two-Week High; Stocks Erase Gains: Markets Wrap [Bloomberg] Commodities Crumble Again as China Alarm Bells Sink Metals [CNBC] Bitcoin tops $15,000, surging more than $3,000 in less than 36 hours [Bloomberg] Trump’s Middle-Class Tax Pledges Go Unfulfilled in Senate Bill [Reuters] BOJ chief signals chance of rate hikes, warns of risks […]
[Bloomberg] U.S. Stocks Avoid Worst of Selloff as Bonds Climb: Markets Wrap [Reuters] House tax positions begin to emerge ahead of talks with Senate [CNBC] Here’s what the Senate’s tax bill means for your wallet [Bloomberg] This Little-Known Tax Proposal Takes Aim at Your Trading Account [Bloomberg] Wall Street Has No Idea What’s Going to […]
Democratization of Crises: “You Get The Risk, We Get The Reward” Stock Market Has Not Seen Even A 3% Decline For 12 Months! Reinhart: “Do the wheels come off when the central banks step back?” The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “You have a majority of investors today who are signing […]
[Bloomberg] U.S. Tech Shares Rebound as Metals Fall With Pound: Markets Wrap [Bloomberg] U.S. Trade Deficit Is Widest Since January [Bloomberg] Growth in U.S. Service Industries Cools From a 12-Year High [Bloomberg] State Street Says Short-Volatility Trades Are Storing Up Trouble [Bloomberg] Senate Bill ‘Bombshell’ Could Raise Taxes on Tech [BusinessWeek] China’s Infrastructure Binge Is […]
[Bloomberg] Stocks Jump With Dollar on Tax Plan as Yields Rise: Markets Wrap [Politico] Congress faces frantic week with possible shutdown, taxes, Russia [Bloomberg] Congress Talks Tax Deal as Trump Signals Corporate Rate Retreat [Bloomberg] What We Know About Corporate Winners and Losers in U.S. Tax Bill [Reuters] Fed rate hike expected next week, three […]
[Reuters] Greece, lenders reach deal on reforms under bailout review [Reuters] Turkey’s Erdogan says businessmen moving assets abroad are ‘traitors’ [FT] Big six US banks add $170bn to trading firepower
[Bloomberg] Senate Passes Major Business, Individual Cuts: Tax Debate Update [Bloomberg] The Biggest Sticking Points Between Senate and House Tax Bills [Reuters] Fear of missing out keeps investors in stocks despite risks [Reuters] China airs ‘strong dissatisfaction’ over U.S. statement to WTO: Xinhua [WSJ] Senate Passes Sweeping Revision of U.S. Tax Code [WSJ] Top Fed […]
Chair Yellen is widely lauded for her accomplishments at the Federal Reserve. For the most part, her four-year term at the helm boils down to four (likely soon to be five) little rate hikes over 24 months. Most lavishing praise upon Janet Yellen believe she calibrated “tightenings” adeptly and successfully. Yet financial conditions have obviously […]
