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[AP] France is facing an election like no other. Here’s how it works and what comes next [Yahoo/Bloomberg] Macron Heads Into Election Showdown as Le Pen Looks Hard to Beat [Reuters] Tech boom leads global markets through first half of 2024 [Politico] US intel indicates war between Israel and Hezbollah inching closer [AP] Russia presses […]
[Yahoo/Bloomberg] Stocks Gain as Focus Turns From Debate to Data: Markets Wrap [Yahoo/Bloomberg] Oil Hits Two-Month High as Mideast Tensions Rattle Market [Reuters] Euro on track for biggest monthly fall since January, dollar breaks 161 yen [Reuters] Gold eyes quarterly gain; spotlight on US inflation data [Reuters] Morning Bid: Parsing Biden TV flop, France poll, […]
This week we investigate the continuing bull market of gold and silver even with the slight dip that they took this week. Meanwhile, palladium is on track to be the long-term holdout, while platinum has shown continuous growth for the past few years. More and more banks look to be on the cusp of crumbling […]
[Yahoo/Bloomberg] Stocks Slip Ahead of Data as Micron Plunges: Markets Wrap [Reuters] Oil edges higher as Middle East risks offset US demand concerns [Yahoo/Bloomberg] Asian Currencies Slump to Lowest Since 2022 on Dollar Strength [Reuters] Bruised yen mired near multi-decade low with eye on intervention [Yahoo/Bloomberg] Micron’s Selloff Shows Risk of Sky-High AI Expectations [CNBC] […]
[Yahoo/Bloomberg] Stocks Fall as Fed Official Cools Rate Hopes: Markets Wrap [Reuters] Yen slumps to lowest since 1986, putting traders on red alert [Reuters] European shares slip, yen sinks to 38-year low [Yahoo/Bloomberg] Oil Holds Above $85 a Barrel as Market Gears Up for US Data [Yahoo/Bloomberg] China Bond Yield Declines to Lowest Since 2002 […]
Steph Pomboy: “The U.S. Fantasy Is That The World Needs The Dollar” Government’s Big Mistake Is Financing Our Debt On The Short End Of The Curve “My Hunch Is That What’s Coming Will Make 2008 Look Like Child’s Play” “Gold is going to play a major role in stabilizing the monetary regime. Whatever that monetary […]
[Yahoo/Bloomberg] Stocks Gain After Nvidia-Led Slump: Markets Wrap [Reuters] European stocks fall after Nvidia slump [CNBC] Oil prices fall as rally takes a pause while traders watch Middle East tensions, summer demand [Reuters] Japan to respond appropriately to excessive yen volatility, official says [Reuters] Morning Bid: Nvidia’s half trillion hiccup; Bitcoin, China slide [Yahoo/Bloomberg] Forget […]
“In the long run we’re all dead,” Keynes informed us. He did so in order to stress economic theory’s inability to determine the distant future. That’s true if your economic theory is based on numbers and government control. In the real world the long term is determined by morality, while the short term can be […]
