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[Yahoo/Bloomberg] Stocks Falter as Euphoria Over Fed Rate Cut Fades: Markets Wrap [Yahoo/Bloomberg] Yen Weakens as Ueda Indicates BOJ Isn’t in Hurry to Hike Rates [AP] Brazil drought punishes coffee farms and threatens to push prices even higher [Reuters] Morning Bid: Taking stock after Fed glow, Japan/China hold [Reuters] Israel and Hezbollah trade fire after […]
Let’s take a look at our weekly recap of the precious metals markets for September 18. As of this recording, here is where precious metals stand: The price of gold is up about 1.5%, or around $2,560 per ounce from a week earlier. At one point, it was up about 3% or nearly $2,600. The […]
[Yahoo/Bloomberg] Nasdaq Jumps 2% as Big Fed Cut Spurs Rally: Markets Wrap [Reuters] US homebuilder stocks surge on hopes for demand boost after Fed rate cuts [Yahoo/Bloomberg] Copper Notches Two-Month High On Powell’s Half-Point Rate Cut [Yahoo/Bloomberg] Wall Street’s $5.1 Trillion Triple-Witching Is Next Market Test [Reuters] Israeli planes bomb southern Lebanon after radio blasts […]
[Yahoo/Bloomberg] Stocks Are Steady in Watchful Mood Before Fed: Markets Wrap [Reuters] Oil Falls With Signs of Higher Supply Countering Mideast Tension [Yahoo Finance] Gold is having a moment — but silver is poised for its own: Morning Brief [Bloomberg] Deadly Pager Blasts in Lebanon Ratchet Up Israel-Hezbollah Tension [Reuters] Israel planted explosives in 5,000 […]
Elizabeth Warren Wants A 75 Basis Point Cut Supercore Inflation Still Running Hot Employment Numbers Point To Stagflation “I think the Sahm rule implies recession. When you get an uptick in employment off of low levels, that move precedes a reversal in trend and therefore potentially greater softening in the labor markets. Yes, there is […]
[Yahoo/Bloomberg] Stocks Rise With Retail Data in Focus Before Fed: Markets Wrap [Yahoo/Bloomberg] Oil Steadies Ahead of Fed Decision as Demand Concerns Persist [AP] Israel says halting Hezbollah attacks is now a war goal as officials warn of a wider operation [Reuters] A cut — and then what? [AP] US retail sales ticked up last […]
“The grave; the barren womb; land, which is never satisfied with water; and fire, which never says, ‘Enough!’ All these things, Solomon tells us, never have enough. He left out billionaires and politicians. Oh, wait. He didn’t: “The leech has two daughters. ‘Give! Give!’ they cry.” Money and power are the gods of the former; power […]
[Yahoo/Bloomberg] Fed Wagers Weaken Dollar and Fuel More Bond Gains: Markets Wrap [Yahoo/Bloomberg] Oil Steadies as Falling Libyan Exports Offset Weak Chinese Data [Yahoo/Bloomberg] Traders See Half-Point Fed Rate Cut Likelier Than Quarter-Point [Yahoo/Bloomberg] Markets Risk Similar Volatility to Carry Trade Unwind, BIS Warns [Reuters] Israeli minister says time running out for diplomatic solution with […]
