More
Emotion might not be exclusive to humanity, but it finds its richest playground there. Animals can be affected by emotions; humans can be totally controlled by them. Given that emotions give taste and color and music to human life, what’s the problem with that? Merely this: like so many things, emotion is a double-edged sword. […]
[Yahoo/Bloomberg] Stocks Waver as Geopolitics Temper China-Led Boost: Markets Wrap [Yahoo/Bloomberg] Gold Rises After PBOC Resumes Buying and Syria Aids Haven Demand [Yahoo/Bloomberg] Oil Advances as China Signals More Stimulus for Next Year [Reuters] With Assad ousted, a new era starts in Syria as the world watches [Axios] Toppling of Assad transforms Middle East after […]
[CNN] Live Updates: Syria rebels declare Damascus ‘free,’ claim Assad has fled the capital [AP] Jubilation and gunfire as Syrians celebrate the end of the Assad family’s half-century rule [Yahoo/Bloomberg] Syrian President Assad Toppled After Lightning Rebel Advance [Yahoo/Bloomberg] Syrian Rebels Said to Be Entering Damascus as Assad Weakens [Yahoo Finance] 2 key inflation prints […]
Great Expectations—and the Thinnest of Thin Ice The raucous party on Wall Street continued to rage this week with another 0.96% S&P 500 gain to a new all-time weekly closing high of 6,090. At present, the siren song of stocks is hard to resist. Stocks and many other wildly speculative assets just can’t lose, it […]
[BBC] Live Updates: Syrian rebels close in on Damascus as presidency denies Assad has left capital [CNN] Live Updates: Syria’s rebels say they are encircling Damascus but army denies retreat [Reuters] Syrian rebels enter suburbs of key city of Homs, sources say [Reuters] Russian bases in Syria threatened by insurgent advance, say Moscow’s war bloggers […]
“Stocks Extend Record-Breaking Run After Jobs Data.” “Investors Pour $140bn into US Stock Funds After Trump Election Victory.” “Cash Draws Biggest Weekly Inflow Since March 2023, BofA Says.” “Market Frenzy Fuels $1 Trillion ETF Rush to Break Annual Records.” “Jane Street Reaps $14.2 Billion in First Nine Months of Trading.” “France Plunges Deeper Into Crisis […]
[Yahoo/Bloomberg] Traders Adopt Caution in Countdown to Jobs Report: Markets Wrap [Yahoo/Bloomberg] Oil Slides Further as OPEC+ Fails to Allay Surplus Concerns [Yahoo/Bloomberg] French Bond Risk Returns to Levels Before Le Pen Ouster Threats [Yahoo/Reuters] Currency markets on edge amid political turmoil, eye US jobs report [CNBC] Payrolls increased 227,000 in November, more than expected; […]
Precious metals slow down their climb, but continue to show strength after the Thanksgiving break in the US. Let’s take a look at where prices stand as of December 4: The price of gold inched up about $12 from the previous week, still hovering around $2650. The price of silver is up 4% or $1.20 […]
