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Hanging on by the skin of its teeth? Year ends are invariably interesting – on occasion, intriguing. There’s money at stake, especially this year with huge 2024 market gains. End of year mark-ups in thin holiday trading (aka “Santa Claus rally”) are expected to lift Wall Street bonuses and, more importantly, hedge fund payouts (typically […]
Merry Christmas! Merry Christmas everyone! If you celebrate the 12 days thereof, you might be due for some calling birds today. HAI adds its customary offering of weekly prices—along with best wishes for continued Christmas and New Year blessings! Weekly performance: The S&P 500 was up 0.67%. Gold was off 0.50%, and silver was nearly […]
[Yahoo/Bloomberg] US Equities Drop as Stocks Rise in Europe and Asia: Markets Wrap [Yahoo/Bloomberg] Oil Gains in Slow Year-End Trading With Focus on 2025 Risks [Axios] Tech dollars flood into AI data centers [Reuters] Bird flu virus shows mutations in first severe human case in US, CDC says [Yahoo/Bloomberg] Tokyo Inflation Accelerates, Supporting Case for […]
With this mid-week Christmas break, we won’t be going into the usual analysis as we normally do. Instead, we’re going to dive deeper into the fundamentals and a recap of why gold is a great investment tool. Regardless of what will happen economically or geopolitically, some things don’t change and those fundamentals are what really […]
[Yahoo/Bloomberg] Stock Lower After Jobless Claims: Markets Wrap [Yahoo/Bloomberg] Oil Holds Gain on China Stimulus, US Stockpiles Drop [AP] US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high [AP] Americans are exhausted by political news. TV ratings and a new AP-NORC poll show they’re tuning out [Axios] Trump’s first day […]
[Reuters] On Christmas Eve, Pope Francis appeals for courage to better the world [AP] Cities worldwide hold subdued Christmas Eve celebrations amid conflicts [Bloomberg] BOJ’s Ueda Avoids Giving Clear Hint on Chances of January Hike [Yahoo/Bloomberg] China Keeps Key Rate Steady as It Withdraws Most Cash Since 2014 [Yahoo/Reuters] Russia is using bitcoin in foreign […]
Kevin: Welcome to the McAlvany Weekly Commentary. Merry Christmas and happy Hanukkah. I’m Kevin Orrick, along with David McAlvany. Well, David, it’s fun recording these programs. I had lunch with your son, who is a freshman in college, and I told him, “I’m thinking back 25 years, 26 years when we had lunch together, and […]
[Yahoo/Bloomberg] Stocks Muted After Tech-Fueled Rally: Markets Wrap [Yahoo/Bloomberg] Oil Gains in Pre-Holiday Trading With Focus on China, Trump [Yahoo/Bloomberg] Base Metals Head Higher on Report of China Borrowing Boost [Yahoo/Bloomberg] Brazil Central Bank Offers to Sell $3 Billion as Real Weakens [Yahoo/Bloomberg] Japan Rolls Out More Yen Warnings as Market Liquidity Thins [CNBC] Biggest […]
