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[Reuters] New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End [Yahoo/Bloomberg] Wall Street Braces for the Great Loan Tightening: Credit Weekly [AP] A boom in apartment construction is helping to curb rents but not all renters will benefit [AP] India cuts rice exports, triggering panic-buying of food staple by some Indian expats in […]
Buyer Beware This author has been attending a natural resource conference all week and was traveling Friday. As a result, this week’s HAI will just be prices along with a few very brief comments. HAI recommends readers visit Doug Noland’s Credit Bubble Bulletin for full and always excellent coverage of the week’s events. Fed Chairman […]
[Reuters] Endgame for Fed’s tightening cycle challenged by easing financial conditions [Reuters] Heatwave bakes US as heat index soars past 100 degrees [Yahoo Finance] Banks are still losing deposits. Just not the banks you might expect. [Reuters] Ukraine uses North Korean rockets to blast Russian forces, Financial Times reports [Reuters] North Korea’s Kim vows to […]
Please join Doug Noland and David McAlvany this coming Thursday, August 3rd, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q2 recap conference call, “Bank Bailout Spurs Bubble Revival.” Click here to register. It’s incredible what a mess central bankers have made of things. July 24 – Bloomberg (Liz Capo McCormick, […]
[Yahoo/Bloomberg] US Stocks Gain, Japan Yields Top 2014 High: Markets Wrap [Yahoo/Bloomberg] Global Bond Markets Creak as Bank of Japan Eases YCC Policy [Reuters] Oil on track for fifth week of gains [CNBC] Key Fed inflation rate falls to lowest annual rate in nearly 2 years [AP] Mounting job vacancies push state and local governments […]
Gold price gained on Wednesday following the announcement of another rate hike from Chair Jerome Powell. The dollar fell as did bond yields, as the 11th hike in the last 12 policy meetings was implemented. After the conference, the dollar index fell 0.4% against its rivals as U.S. 10-year Tresrury yields slipped to 3.862%. Bullish sentiment […]
[Yahoo/Bloomberg] Global Stocks Soar on View Fed Rates Have Peaked: Markets Wrap [Yahoo/Bloomberg] Oil Resumes Rally as Equities Gain and US Inventories Decline [Yahoo/Bloomberg] Wheat Jumps After Russian Strike Boosts Black Sea Supply Fears [Yahoo/Bloomberg] Traders Pile Into Hedges Against Yen Gains Before BOJ Meeting [CNBC] GDP grew at a 2.4% pace in the second […]
[Yahoo/Bloomberg] Stocks Feel Heat From Earnings and Rates Outlook: Markets Wrap [Yahoo/Bloomberg] Oil Slips as Traders Watch for Fed Decision and Rate Guidance [Yahoo/Bloomberg] Rice Surges to Three-Year High as Indian Export Ban Roils Market [Yahoo/Bloomberg] Fed Set to Raise Rates to 22-Year High and Decide If It’s Done Hiking [AP] A Fed still wary […]
