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[Bloomberg] U.S. Stocks Slip as Treasuries Rise With Dollar: Markets Wrap [Bloomberg] Three Bond Market Lessons From the Toys ‘R’ Us Debt Drama [Bloomberg] Home Prices Soar in Disaster-Prone Areas [Bloomberg] Japan’s Central Bank Keeps Policy Unchanged Amid Unexpected Dissent [Reuters] S&P downgrades China, says rising debt is stoking economic, financial risks [Bloomberg] China’s Dangerous […]
About this week’s show: As money flees paper assets looking for a home, there will not be enough gold to go around The West still likes “paper gold”, The Asians prefer the real stuff The majority of U.S investors still ignore gold—this is a gift to the intelligent minority! The McAlvany Weekly Commentary with David […]
[Bloomberg] Stocks Slip, Bonds Climb With Oil as Fed Nears: Markets Wrap [Bloomberg] Fed to Pack Up Crisis Tool, Debate Next Hike: Decision-Day Guide [CNBC] Fed is taking a major step away from its Great Recession policy [CNBC] Fed economist: ‘No evidence that QE works’ as central bank starts unwinding program [Bloomberg] It’s Not Just […]
[Bloomberg] Stocks Mixed Ahead of Fed; Euro Gains, Oil Rises: Markets Wrap [SCMP] Yuan weakens sharply after PBOC sets fixing at two-week low; all eyes on Fed [Reuters] U.S. current account widens sharply in second quarter [Bloomberg] U.S. Housing Starts Steady, Permits Rise Ahead of Hurricanes [Reuters] U.S. import prices post biggest gain in seven […]
[Bloomberg] Stocks Climb as Fed Week Kicks Off; Gold Declines: Markets Wrap [Bloomberg] Forget Default: Deutsche Reckons Debt Market Risk Lies Elsewhere [Reuters] Skilled labor shortage clouds U.S. building industry outlook: survey [Reuters] In shedding bonds, Fed aims for boring end to crisis-era measures [Bloomberg] Here’s How Tax Reform Could Squeeze the Middle Class [Bloomberg] […]
[Reuters] Greek backtracking on reforms may prolong next review: ECB official [Reuters] Haley says U.N. has exhausted options on North Korea [WSJ] Trump’s Deal Rejection Puts U.S. Policy on Chinese Investment in Focus [FT] Investors focus on growing global bond market weakness
[Reuters] Fed meeting could trigger stock sector rotation [Reuters] Rising credit card delinquencies to add to U.S. banks’ worries [Reuters] North Korea says seeking military ‘equilibrium’ with U.S.
Global Credit, Bubble and market analysis is turning more interesting. China August Credit data were out Friday. Total (aggregate) Social Financing jumped to 1.48 TN yuan ($225bn), up from July’s 1.22 TN and above the 1.28 TN estimate. New Loans were reported at a much stronger-than-expected 1.09 TN (estimates 750bn yuan), up from July’s 825bn. […]
