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Energy and the Controlled Fiscal Demolition It is a great frustration for HAI to constantly survey the investment landscape for opportunity and repeatedly find that only one risk-adjusted investment theme motivates great enthusiasm. It’s not the impressive investment case for precious metals that is the problem, but rather the lack of great additional alternatives. What […]
[Reuters] Taiwan voters rebuff China and give ruling party third presidential term [Reuters] Taiwan’s new president-elect will face China’s ire [Yahoo/Bloomberg] US Launches Fresh Yemen Strike a Day After Broader Attack [Reuters] Yemen’s Houthis vow ‘strong response’ after new US strike [Reuters] Blizzard strikes US Midwest, cancelling flights and disrupting presidential campaign [AP] Speaker Johnson […]
Monetary disorder played prominently throughout 2023, though most acutely with the fourth quarter upside market dislocation. Speculative leverage went to extremes, exemplified by a $1 TN hedge fund “basis trade.” Derivatives-related leverage was also pivotal in exacerbating liquidity excesses. Options trading boomed, while hedging in-the-money call options provided a key source of marketplace liquidity generation. […]
[Yahoo/Bloomberg] Stocks Extend Drop as Bank Earnings Roll In: Markets Wrap [Reuters] Safe-haven gold gains on escalating Middle East tensions [Yahoo/Bloomberg] Oil Tops $80 as Strikes Against Houthis Raise Middle East Risks [AP] Houthi rebels vow fierce retaliation after American and British strikes against them [Reuters] Oil tankers divert from Red Sea after US, UK […]
This week we look at gold’s movement over the past weeks. Even with some downward trends, gold looks to still be sitting in a secure position. Meanwhile silver remains at a critical price point that could open many opportunities soon. We also take a look at the equities market and the FED’s prediction that inflation […]
[Yahoo/Bloomberg] Stocks Waver After US Inflation: Markets Wrap [Yahoo/Bloomberg] Oil Climbs as Middle East Unrest Counters Oversupply Worries [Reuters] Japan’s Nikkei breaks 35,000 for first time since Feb 1990 [CNBC] Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4% [AP] Iran’s navy seizes oil tanker in Gulf of Oman […]
[Yahoo/Bloomberg] Stocks Trade in Narrow Range Before Inflation Data: Markets Wrap [Yahoo/Bloomberg] Oil Extends Volatile Run as Traders Mull US Stockpiles, Red Sea [Reuters] Japan stocks hit 34-year high, markets calm before US inflation data [Yahoo/Bloomberg] Houthis Launch Barrage of Missiles, Drones in New Red Sea Attack [Reuters] US, UK forces shoot down Houthi missiles, […]
Will 2024 Politics Sway The “Unbiased” Fed? Federal Reserve Leadership Is 10:1 Democrat To Republican I Know, “Let’s Count Debt As An Asset.” “Be careful what you wish for. Economic stimulus may help you get reelected, but it may also trigger a resurgence of inflation. And if you’re overconfident in what the Fed can do […]
