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[Yahoo/Bloomberg] Global Bond Rally Speeds Up, Stocks Turn Cautious: Markets Wrap [Yahoo/Bloomberg] Global Bonds Rally as Softer UK Inflation Boosts Rate-Cut Bets [Yahoo/Bloomberg] Oil Extends Rally as Red Sea Shipping Risks Dog Global Trade [Yahoo/Bloomberg] Developed-Market Stocks Eye Record as US Leads $11 Trillion Run [Yahoo/Bloomberg] The Hedge Fund Traders Dominating a Massive Bet on […]
Politics: Do You See What They Want You To See? We Are Running At WWII Deficits Inflation Be Damned, FOMO Speed Ahead “Already consoled that the inflation monster is wounded, the markets are moving ahead. So let’s avoid the fiscal crisis. Let’s just make the assumption the inflation monster is wounded, hopefully mortally so. The impact […]
[Yahoo/Bloomberg] Wall Street Set for New Highs on Rate Cut Hopes: Markets Wrap [Yahoo/Bloomberg] Yen Slumps as BOJ’s Ueda Pushes Back on Rate-Hike Bets [Yahoo/Bloomberg] Oil Hold Gains as Red Sea Attacks Cause Panic Among Shippers [Reuters] BOJ keeps ultra-loose policy, focus shifts to exit timing [Yahoo/Bloomberg] BOJ Avoids Rate Hike Signal as It Stands […]
People who were conscientiously raised by well-adjusted and loving parents are often astounded at how long dysfunctional national policies can go on. When such people did something wrong as a child, they were forcefully corrected by their parents or other competent adult, and the correction was in real time. Seldom did a day pass before […]
[Yahoo/Bloomberg] Stocks Waver Amid Rates Pushback: Markets Wrap [Yahoo/Bloomberg] Oil Rises as BP’s Red Sea Pause Underscores Risk of Disruption [Reuters] Vessel attacked in Red Sea off Yemen coast, US blames Houthis [Reuters] Red Sea attacks force rerouting of vessels, disrupting supply chains [AP] BP is the latest company to pause Red Sea shipments over […]
[Reuters] Wall St Week Ahead Epic Treasury rally may be running out of fuel as Fed pivot priced in [Yahoo/Bloomberg] US frackers return to haunt OPEC’s pricing strategy [Yahoo Finance] The business issues that got pushed aside during Washington’s year of dysfunction [Yahoo/Bloomberg] BOJ Isn’t Ready for a Requiem to the Negative-Rate Era [Reuters] Parts […]
[Yahoo/Bloomberg] Charting the Global Economy: Fed, ECB, BOE Diverge on Policy Path [Reuters] Bank of Canada diverges from Fed, says rates not coming down soon [Yahoo/Bloomberg] Private Credit Is the Hot New Thing, But Its Roots Go Back to 1980s Junk Bonds [Yahoo/Bloomberg] America’s Sugar Shortfall Leaves Candy-Makers Scrounging [Reuters] Australia swelters through heat wave […]
An Interesting Situation This week was an interesting one. After Wednesday’s FOMC meeting, it’s now fairly clear that Fed chair Powell’s Volker impression is officially over. Pretense and spectacle are Washington’s inside-the-Beltway specialties, but even in D.C. reality eventually wins out. This week, that reality emerged as the Fed appeared compelled to abandon the credibility-building […]
