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[Reuters] US existing home sales edge up in November as mortgage rates ease [Reuters] Brazil’s Lula warns US intervention in Venezuela could be catastrophic [AP] Russian strike on Odesa kills 8 as US hosts a Kremlin envoy for talks on peace plan [Bloomberg] Trump-Fueled Crypto Boom Fizzles in Brutal Year for Retail Traders [Bloomberg] Charting […]
Seems ominous. Friday’s Bank of Japan 25 bps rate hike was widely expected. Yet 10-year JGB yields still jumped five bps to 2.02%, the high all the way back to February 17, 1999. It’s worth noting that Japan’s government debt-to-GDP ratio surged from 130% in 1999 to 221% (3/31/25). Curiously, the yen sank 1.4% on […]
[CNBC] S&P 500 is little changed after index ends four-day losing run: Live updates [Yahoo/Bloomberg] Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995 [Yahoo/Bloomberg] Oil Heads for Second Weekly Decline as Glut Concerns Dominate [CNBC] NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward [CNBC] Trust these numbers? […]
Precious metals showed off another impressive week, with gold climbing 3% and ending at $4,340. Silver surged upwards yet again, rising 8% and right into the mid $60s. Platinum and palladium both soared upwards, both posted double-digit gains. Momentum in the precious metals markets continues as weakening labor data and currency debasement push for more […]
[CNBC] Stocks jump after lighter-than-expected CPI, strong Micron earnings: Live updates [CNBC] 10-year Treasury yield slides after much lighter November inflation than expected [CNBC] November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows [AP] US jobless claim applications fell by 13,000 last week as layoffs remain low [Axios] Why […]
[CNBC] Stocks rise after shaky session on mixed U.S. economic data: Live updates [AP] Asian shares are mixed and oil prices jump as Trump orders a blockade of oil tankers to Venezuela [Reuters] Oil rises over 1% as Trump’s Venezuela blockade stokes uncertainty [Axios] Trump orders oil tankers blockade in Venezuela, labels it a “terrorist” […]
Concerned FED Is Back To Quantitative Easing Buffett Ratio Blowing out All Past Peaks Send Questions To [email protected] “We have it on good authority—this is directly from the president of the Federal Reserve—this is not QE. This is not even monetary policy. I don’t know what it is if he’s doing it and it’s not […]
[CNBC] Stocks are flat after delayed job numbers show mixed picture: Live updates [CNBC] Daily Open: Debt worries continue to weigh on AI-related stocks [CNBC] Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show [Yahoo/Reuters] US Treasury’s Bessent: Kevin Warsh and Kevin Hassett both qualified for Fed [Yahoo/Bloomberg] […]
