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Semiconductor Shares Up 46% Even As Sales Are In Freefall Treasury Yields Flirting With Breakout To The Upside China, Poland, Swiss, Continue To Add More Gold I Just Can’t wait To Be A Bull, But Not Yet July 10, 2023 “This is getting teed up to be nothing short of some version of 1929, 1973, […]
[Yahoo/Bloomberg] China Stimulus Lifts Stocks Despite Rates Warnings: Markets Wrap [Yahoo/Bloomberg] Oil Steadies as China Takes Steps to Revive Ailing Economy [Yahoo/Bloomberg] Bond Vigilantes Are Calling the Shots in Emerging Markets Now [Reuters] Small business confidence reaches 7-month high in June, NFIB says [Yahoo/Bloomberg] CLO Market Set for $20 Billion Reset Spree in Sign of […]
There’s a saying that’s popular—particularly in the military, where brevity and clarity can save lives and win battles: “When I ask you the time, don’t build me a watch.” It’s a good saying for those who tend to answer the question “When will you be here?” with “Well, when I got up this morning…” Sometimes […]
[Yahoo/Bloomberg] US Stocks Waver on China Data, Recession Concern: Markets Wrap [Reuters] Oil eases on China, U.S. data, but OPEC+ cuts limit fall [Reuters] Fresh spending showdown looms as US Congress returns to Washington [Yahoo/Bloomberg] Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet [CNBC] The American banking landscape is on the […]
[Reuters] Yellen sees ‘progress’ in rocky U.S.-China ties, expects more communication [Yahoo/Bloomberg] Bruised Bond Investors Face Long Road Beyond Fed’s July Decision [Yahoo/Bloomberg] Blue-Chip Debt Problems Are Just Getting Started: Credit Weekly [Yahoo/Bloomberg] US, Mexico Face Major Heat Wave That’s Set to Tax Electric Grid [WSJ] Recharged Bond Rout Unnerves Investors [WSJ] Last Mile of […]
Quality & Scarcity: Keys for Higher Gold During the brief, holiday-shortened week on Wall Street, economic data again came in stronger than expected and global interest rates continued to march higher. The reality of a higher-for-longer regime of global interest rates is beginning to sink in for financial markets. Higher global stock markets have created […]
[AP] US Treasury chief Yellen appeals to China for cooperation on climate and other global challenges [Yahoo/Bloomberg] Summers Warns on Inflation Complacency, Sees More Bond Declines [CNBC] The 10 U.S. cities where rent has increased the most in the last year—No. 1 isn’t New York or San Francisco [Yahoo/Bloomberg] Markets Turn Against UK as Inflation […]
Wednesday, July 5, 2023: ISI’s Ed Hyman speaking on Bloomberg Television: “Inflation is coming down around the world. They just reported this morning the PPI for the Eurozone was now in deflation… Last week, Spain’s CPI went below 2% for the first time. I try and connect the dots the best I can, and it […]
