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Sunday, November 17, 2024

[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 – November 15, 2024

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 […]

Saturday, November 16, 2024

[Reuters] Wall St Week Ahead Nvidia results in focus as stock market’s election boost stalls [Yahoo/Bloomberg] Charting the Global Economy: US Inflation Progress Stalls [Yahoo/Bloomberg] Souring S&P 500 Profit Outlook a Bad Sign for Stock Market Rally [Yahoo/Reuters] US utilities want Trump, Republicans to save inflation act, Edison CEO says [Yahoo/Bloomberg] China’s Dream of ‘Powerful […]

November 15, 2024: Power

Chair Powell’s post-meeting press conferences always leave me wanting for some probing questions. It’s as if journalists abide by an unwritten rule to avoid anything contentious. I found Thursday’s Q&A session sponsored by the Dallas Regional Chamber – and moderated by The Washington Post’s Catherine Rampell – more satisfying and pertinent enough for CBB attention. […]

Friday, November 15, 2024

[Yahoo/Bloomberg] Stocks Retreat as Post-Election Rally Stalls: Markets Wrap [Yahoo/Bloomberg] Oil Heads for Weekly Drop as Glut Concerns and Dollar Take Toll [Yahoo/Bloomberg] Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong [AP] Retail sales up solidly in October as Americans showed continued willingness to spend [Axios] How Trump can impose tariffs […]

Period of Consolidation

This week it’s more than just a weekly recap but also a bit of a look ahead. There’s been a lot of price action in the last week. So let’s take a look at where prices stand as of November 13: The price of gold is down about 3.9% or $85 from last week. It […]

Thursday, November 14, 2024

[Yahoo/Bloomberg] Stocks Waver as PPI Keeps Rate Debate Open: Markets Wrap [Yahoo/Bloomberg] PBOC Sticks With Yuan Support In Face of Resurgent Dollar [Yahoo/Bloomberg] Yen’s Malaise Deepens as Capital Outflows Eclipse Record Surplus [AP] US wholesale inflation picks up slightly in sign that some price pressures remain elevated [AP] The number of American filing for jobless […]

Wednesday, November 13, 2024

[Yahoo/Bloomberg] Stock and Treasuries Steady After CPI: Markets Wrap [Yahoo/Bloomberg] Oil Edges Higher With Oversupply Concerns Limiting Price Gains [CNBC] Annual inflation rate hit 2.6% in October, meeting expectations [Reuters] Inflation worries come back to haunt bond strategists after Trump victory [Yahoo/Bloomberg] US Mortgage Rates Rose Again in Week After Trump’s Victory [Axios] Trump administration […]

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