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Hurrah for Thanksgiving Day! With Thanksgiving family frivolity in high gear, HAI will be extremely brief this week. Perhaps the ultimate highlight of this holiday-shortened trading week was the rising odds of another 25-basis-point rate cut at the next FOMC meeting from around 50% earlier in the week toward close to 70% late week. The […]
[Yahoo/Reuters] Black Friday data shows US shoppers spent $10.8 billion online [AP] Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts [The Hill] Trump tariffs threaten to crack open North American economies [Yahoo/Bloomberg] S&P Sticks With France Rating in Reprieve for Prime Minister [Yahoo/Bloomberg] BOJ’s Ueda Says Rate Hike Getting […]
November 2024. Future historians will look back in utter amazement. As for equities, strong market gains pushed all major averages further into record highs – the S&P500, Nasdaq Composite, Nasdaq100, mid-caps, small caps, and the “average stock” Value Line Arithmetic Index. For the month, the S&P500 returned 5.9%, and the Nasdaq100 returned 5.3% – solid […]
[Yahoo/Bloomberg] Stocks Gain as Dollar Snaps 8-Week Winning Run: Markets Wrap [Yahoo/Bloomberg] French Yields Close In on Italy With Safe Market Image in Ruins [Yahoo/Bloomberg] Gold Extends Gains on Weaker Dollar and Rising Risks in Ukraine [Yahoo/Bloomberg] Yen Breaches Key 150 Level as Tokyo Inflation Fuels BOJ Bets [Yahoo/Bloomberg] Dollar Heads for Worst Week Since […]
[Yahoo/Bloomberg] European Stocks Rebound as Tech Sector Leads Gains: Markets Wrap [Yahoo/Bloomberg] French 10-Year Borrowing Costs Match Greece’s for First Time [Yahoo/Bloomberg] Brazil’s Real Drops to All-Time Low as Spending Cuts Fall Flat [Yahoo/Bloomberg] Oil Edges Higher in Thin Trading Ahead of Key OPEC+ Meeting [Yahoo/Bloomberg] Why France’s Political and Budget Drama Is Spooking Investors […]
[Yahoo/Bloomberg] Stocks Slip With Focus on Trump’s Picks, US Data: Markets Wrap [Yahoo/Bloomberg] Gold Rises On Weaker Dollar as Traders Look to US Economic Data [Yahoo/Bloomberg] Oil Steadies as Traders Await Clues on OPEC+ Production Plans [Yahoo/Bloomberg] French Bond Risk Hits Highest Since Euro Crisis on Budget Battle [Dow Jones] Jobless claims slide to 7-month […]
Top Execs Selling 5x More Stock Than Buying Goldman Sachs Calls For $3,000 Gold In 2025 Will Powell Drop Rates Again? “The Wilshire 5000 to GDP, this is a modified Buffett ratio. It touched 202% last week, which is an all-time high. It’s a measure like the Buffett ratio, covers the aggregate of 5,000 companies, […]
[Yahoo/Bloomberg] Stocks Bounce Back From Trump Tariff Threat: Markets Wrap [Yahoo/Bloomberg] Trump’s Tariff Threat to Top US Trading Partners Roils Markets [Reuters] China’s yuan slides to four-month low on Trump’s tariff promise [Reuters] Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan [Yahoo/Bloomberg] China Draws a Red Line for the Yuan as Trump Risks […]
