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[Bloomberg] Crude Rally Lifts Commodity Currencies; Bonds Rise: Markets Wrap [Bloomberg] Asian Stocks Advance While Crude and Yen Retreat: Markets Wrap [Bloomberg] China Banking Official Urges Cut to Required Reserve Ratio [Bloomberg] No Happy New Year in China as Currency, Liquidity Fears Loom [Reuters] Germany says Italy must stick to European rules on Monte Paschi […]
[Reuters] Stocks inch higher in holiday lull [Bloomberg] Oil Gains More as Dollar Strengthens After Holiday: Markets Wrap [Bloomberg] Yuan Turnover Soars in Sign of December Outflow Pressures [Reuters] ECB tells Monte dei Paschi it needs to raise $9.2 billion [Reuters] Italy set to pump around 6.5 billion euros into Monte Paschi rescue: sources […]
[Bloomberg] Global Shares Mixed With Yen Gaining in Thin Trade: Markets Wrap [Bloomberg] Asian Stocks Drop to 1-Month Low; Japan Down in Thin Trading [Bloomberg] China Bank Says Bond Guarantee Forged as Market Mood Worsens [Reuters] China needs to regulate ‘money gates’ but guard against financial stress: state media [Reuters] ECB’s Weidmann says Monte dei […]
[Reuters] Stocks could suffer as Trump trade policy takes shape [Reuters] Bundesbank brings home gold faster than planned: Weidmann [NYT] Where Does the Mortgage Settlement Money Go? [WSJ] Sovereign-Wealth Funds Threatened by Government Spending [WSJ] Italy Eyes Exemption to Spare Monte Paschi Bond Holders
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Anything is possible. We have melt-up dynamics in the stock market. As we mentioned last week, technical and fundamental factors are temporarily irrelevant when the bulls get running. The two most important factors heading into 2017 will be interest rates, and the direction of interest […]
[Reuters] Banks lift global stocks, dollar holds near 14-year peak [Reuters] Asia stocks pressured by Wall Street, dollar holds below 14-year peak [Bloomberg] Monte Paschi’s Fatal Sin Brings Nationalization for Oldest Bank [UK Guardian] Italian cabinet gives green light to Monte dei Paschi di Siena bailout [CNBC] Trade concerns bubbling up, as Wall Street […]
[Bloomberg] Dollar Resumes Trump-Fed Rally, Bonds Fall on Data: Markets Wrap [Reuters] Asian shares slip in holiday-thinned trade, focus turns to U.S. data [Bloomberg] U.S. Economic Growth Revised Up to 3.5% Pace in Third Quarter [Bloomberg] U.S. Mortgage Rates Jump to More Than 2-Year High After Fed Hike [Bloomberg] Xi Again Pledges to Curb Speculation […]
About this week’s show: Stocks Today Third Most Overvalued Extreme In History! 2015 Gave Us Negative Interest Rates For The First Time in History 2016 World Leaders Warm Up To Cashless Society The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Anything is possible. We have melt-up dynamics in the stock market. As we […]
