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[Yahoo/Bloomberg] Stocks Advance; Bitcoin Trades at $100,000: Markets Wrap [Yahoo/Bloomberg] Adani Scraps $600 Million Bond, Notes Slide After US Charges [Yahoo/Bloomberg] French Bond Risk Rises as Budget Tensions Keep Markets on Edge [Yahoo/Bloomberg] Oil Rises on Signs of Further Escalation in Russia-Ukraine War [Yahoo/Reuters] US weekly jobless claims unexpectedly fall [Yahoo/Bloomberg] Trump Seeks Perfect Treasury […]
[Yahoo/Bloomberg] Stocks Rise With Nvidia Results in Focus: Markets Wrap [Yahoo/Bloomberg] Oil Rises as Traders Weigh Geopolitical Risks, Rising Stockpiles [Yahoo/Bloomberg] Trump’s Treasury Search Gains Steam With Fresh Round of Meetings [Yahoo/Reuters] Trump to interview Warsh, Rowan for Treasury job on Wednesday, Bloomberg News reports [Axios] Trump’s messy coalition [CNBC] Weekly mortgage demand inched up, […]
Trump Is Not In Yet & He’s Already Being Blamed Pre-Election October Deficit Largest Ever Ukraine Strikes Into Russia With U.S. Approval & Hardware “I think without tariffs as negotiated and leveraged on other items we lose the power to encourage energy imports from the US. It’s the art of the deal. Economists may worry […]
[Yahoo/Bloomberg] Stocks Fall as Russia-Ukraine War Rattles Traders: Markets Wrap [CNBC] Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike [Reuters] Safe-haven assets rally as US-Russia tensions spike over Ukraine [Reuters] Gold hits one-week high on softer dollar; markets await Fed cues [Yahoo/Bloomberg] Oil Retreats After Rally as North Sea […]
Some months ago in the McAlvany Weekly Commentary, Kevin Orrick responded to some verbal obfuscation by Kamala Harris. The VP kept saying that inflation was down, which for those who don’t understand economics implied that prices were down. Her contention was narrowly and technically true; her implication was patently false. Kevin incisively noted that it’s […]
[Yahoo/Bloomberg] Tesla Lifts Nasdaq Futures; Bitcoin Tops $90,000: Markets Wrap [Yahoo/Bloomberg] Gold Rebounds as Goldman Reiterates $3,000 Target for 2025 [Yahoo/Bloomberg] Oil Holds Near Seven-Week Low on Concerns Over Supply and China [Yahoo/Bloomberg] Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25 [AP] This week: housing starts, home sales, consumer sentiment […]
[Yahoo/Bloomberg] Bessent, Lutnick in Final Push for Trump Treasury Secretary Pick [Yahoo Finance] Stock rally stumbles with Nvidia earnings on tap: What to know this week [Yahoo Finance] The holidays are coming and experts say Americans will be opening their wallets [Yahoo/Bloomberg] Emerging Bonds Look Primed for Losses as Trump Tariff Fears Grow [Reuters] New […]
Trump Trades and Trends When describing the run-up to the great depression, Dr. Benjamin Anderson wrote in Economics and the Public Welfare that: “Every era of speculation brings forth a crop of theories designed to justify the speculation, and the speculative slogans are easily seized upon. The term ‘new era’ was the slogan for the […]
