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[Yahoo/Bloomberg] Stocks Slide Amid Worries Over Inflation, Growth: Markets Wrap [Reuters] Gold hovers near 2020 record highs on softer dollar, weak US data [Yahoo/Bloomberg] Oil Steadies Near $81 With Focus on US Stockpiles and OPEC+ Cuts [CNBC] Private payrolls rose by 145,000 in March, well below expectations, ADP says [Reuters] Fed’s Mester says rate target […]
Japan Is Buying Russian Oil, Ignoring US Mandate Unrealized Losses Are Getting Harder To Hide Accounting Chicanery Or Making Earnings The Pretty Pig Has The Petrodollar Lost Its Teeth? April 5, 2023 “The world changes slowly outside of crisis dynamics. The real question is, if we do step into a crisis, is that the context where […]
How to Ensure that Your Hard-Earned Money is Protected From Bank Failures and Runaway Inflation You’ve worked hard and saved diligently for a good retirement. So you want to know that all the years you’ve put in will reward you with the life you desire when you stop working. Will you have enough money to […]
[Reuters] Stocks Advance as Concerns Over Rate Hikes Recede: Markets Wrap [Yahoo/Bloomberg] Oil Extends Rally After OPEC+ Takes Aim at Short Sellers [Reuters] JPMorgan’s Dimon says US banking turmoil not over, sees long repercussions [Yahoo/Bloomberg] Jamie Dimon Jabs Fed Over US Bank Crisis ‘Hiding in Plain Sight’ [Yahoo/Bloomberg] JPMorgan Warns Stocks Are in ‘Calm […]
A large part of the difficulty fiscal conservatives have had with America’s economic system since 1913 is that they’ve known what the eventual end of it would be. America’s current woes are a surprise only in a few specifics, not in general or in principle. Conservatives do not have this insight because they are oracles […]
[Yahoo/Bloomberg] Treasuries Fall as OPEC+ Disrupts Fed-Pivot Wagers: Markets Wrap [Reuters] Oil prices, oil stocks surge on OPEC+ move [Yahoo/Bloomberg] Treasury Yields Rise as Jump in Oil Adds to Inflation Fears [Reuters] OPEC+ cuts put $100/barrel oil back in sight [Yahoo/Bloomberg] Oil Price Jolt Compounds Inflation Puzzle for Central Banks [Yahoo/Bloomberg] Biden’s Limited Options to […]
[Reuters] UBS may cut up to a third of jobs after Credit Suisse takeover, Tages-Anzeiger reports [Reuters] China’s central bank calls for stronger defences against financial crisis [Yahoo/Bloomberg] Ukraine Latest: Civilians Killed as Russia Shells Donetsk Town [Reuters] Pakistan posts highest-ever annual inflation; stampedes for food kill 16 [Reuters] High activity spotted at North […]
Return-Free Risk vs. the Economic Truth With the final March tally now in the books, the S&P 500 was up 3.51%, the 10-year US Treasury note gained 3.37%, commodities were modestly lower by less than a percent, and the US dollar index suffered a pronounced 2.52% drop. Gold and silver shone bright with 8.14% and […]
