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[Bloomberg] U.S. Stocks Slip From Records as Commodities Slump: Markets Wrap [Bloomberg] U.S. Consumer Spending Signals Second-Quarter Rebound On Track [CNBC] US home prices climb 5.8 percent in March: S&P CoreLogic Case-Shiller [Bloomberg] Rise in Home Prices in 20 U.S. Cities Reflects Lean Inventory [Bloomberg] Italy Hatching Snap Elections Drives Traders to Seek Cover [Reuters] […]

[Bloomberg] Stocks Meander, Pound Rises in Holiday-Hit Trading: Markets Wrap [Bloomberg] Draghi Says Euro Area Still Needs Extraordinary ECB Support [Reuters] Italian bank worries leak into second week [Bloomberg] Fed’s Williams Sees Gradual Policy Tightening of Three Hikes [Bloomberg] Hong Kong’s Throngs of Thousands Defy Bid to Cool Housing Market [CNBC] Bitcoin correction sees nearly […]

[Bloomberg] Hong Kong Finance Chief Questions Moody’s Over Debt Downgrade [Reuters] European allies see the two sides of Trump [NYT] The Highest-Paid C.E.O.s in 2016

[Reuters] G7 leaders make progress on trade, remain split on climate change [Bloomberg] Trump Takes Own Path as G-7 Fails to Reach Unity on Climate [CNBC] Debt ceiling could be hit late this summer: Sources [FT] $4tn exchange traded fund industry draws more scrutiny
Marie Diron, Moody’s associate managing director, Sovereign Risk Group, commenting Wednesday on Moody’s Chinese downgrade (Bloomberg Television): “It is likely to be a very medium-term and gradual erosion of credit metrics and we are looking at the policies that the government is implementing. The authorities have recognized the risks that come with high leverage and […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, anonymous computer hacks taking data as hostage, and North Korea. Each begs the question: What is the real threat, and what will be the response?” – Kevin Orrick “It knocked hospitals offline. I use that because that is incredibly important. It also, […]

[Bloomberg] U.S. Stock Rally Falters, Dollar Gains as Oil Dips: Markets Wrap [Bloomberg] U.S. Growth Not So Bad After Revisions to Spending, Investment [Reuters] U.S. home prices to rise at a strong pace on tight supply: Reuters poll [Bloomberg] China’s reforms will not be enough to arrest rising debt: Moody’s Diron says [Bloomberg] China’s Hand-of-State […]

This week we discuss Gold & Silver as well as Bitcoin. As the pursuit for financial privacy increases more investors are turning to safe haven assets. Gold is forming higher highs and higher lows as it is now up almost 9% just this year. We’ll cover the US Dollar Index which is struggling and showing […]