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A popular saying assures us that “it ain’t what you don’t know that gets you into trouble, it’s what you know for sure that just ain’t so.” The saying has been ascribed to many people, but its source is unknown. Suffice it to say that while the first part of it is not entirely true […]
[Yahoo/Bloomberg] Stocks Steady as French Stalemate Brings Calm: Markets Wrap [Yahoo/Bloomberg] French Stocks Rise as Traders See Safety in Political Gridlock [Reuters] Oil drops 1% as Gaza talks ease supply worries, Hurricane Beryl in focus [Reuters] Record US summer heat, hurricanes could roil fuel prices as oil refiners sweat [Reuters] France’s hung parliament complicates policymaking, […]
[AP] A far-right victory or a hung parliament? Follow France election live updates [Yahoo/Bloomberg] Le Pen’s Far Right Seeks Historic French Election: What to Watch [Reuters] France votes in parliamentary election with far right seeking power [Yahoo/Bloomberg] Private Credit Funds With No Skin in Game a Worry: Credit Weekly [Yahoo/WSJ] The Next Big Power Play […]
Inflection Point This week, HAI wishes a happy 4th of July to all, and a very happy birthday to the land of the free and the home of the brave! While this year’s Independence Day revelry comes amid great challenges for the nation, always remember that serious times bring forth serious people, and serious people […]
[AP] Records tumble as dangerous heat wave scorches the US West and beyond, with the worst yet to come [AP] It’s France’s moment of truth. Here’s how its snap elections work and what comes next [Reuters] Le Pen’s investment in far-right Bardella pays off ahead of French election [Yahoo/Bloomberg] Will Meloni and Le Pen Be […]
The CBB will be back to “normal” next Friday. Two-year Treasury yields dropped 14 bps this week, to the low (4.60%) since March 27th. Ten-year yields fell 12 bps to 4.28% (within a few bps of the low since March), while benchmark MBS yields sank 16 bps to 5.73% (also near lows back to March). […]
[Yahoo/Bloomberg] Global Stocks at a Record High Before US Jobs Data: Markets Wrap [Yahoo/Bloomberg] Gold Set for Weekly Gain as US Jobs Data May Give Clue on Easing [Yahoo/Bloomberg] Oil Near Two-Month High as Equities Soar and US Stockpiles Draw [Reuters] Bitcoin set for worst week in over a year on Mt. Gox liquidation fears […]
[Yahoo/Bloomberg] European Stocks Advance With Elections in Focus: Markets Wrap [Reuters] Oil prices slip from multi-month highs on demand concerns [Yahoo/Bloomberg] Bitcoin Falls on Biden Drama, Risk of Sales by German Government [Yahoo/Bloomberg] Le Pen Rivals Gain Momentum as Political Heads Warn of Chaos [Reuters] Can France count on an ECB rescue if vote upsets […]
