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[Yahoo/Bloomberg] Stocks Post Muted Gains as Rate Rethink Saps Bulls: Markets Wrap [Yahoo/Bloomberg] Chinese Stocks Rebound After Terrible Month on Upbeat Data [Reuters] Dollar slides, yuan gains on China PMI; hot inflation lifts euro [Yahoo/Bloomberg] Oil Reverses Gains as Traders See Central Banks Staying Hawkish [CNBC] Mortgage demand from homebuyers drops to a 28-year […]
Bond Market Realizing The Interest Rates Will Continue Up Buffett “Efficient Markets Exist Only In Textbooks” Defund Police Cities Turn Into Warzones – Who Would’ve Thought? Saith Inflation, “I’m Not Quite Dead Yet” March 1, 2023 “Think about your year-to-date volatility. Copper’s up 5%. Lumber’s down 77%. Gold is flat. Silver’s down 13½. Oil’s up […]
[Yahoo/Bloomberg] Stocks Advance on Earnings Beats; Bonds Slump: Markets Wrap [Yahoo/Bloomberg] Oil Heads for Fourth Monthly Drop as Fed Angst Eclipses China [Yahoo/Bloomberg] Powell’s Debt-Limit Alarm Echoes Stealth Lobbying Effort in 2011 [Reuters] Fed might raise policy rates to 6% – BofA [Yahoo/Bloomberg] More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales […]
Many parents know the pain and frustration inherent in watching a teen or adult child make bad choices. It’s heartbreaking because the parent knows what the consequences will be—often from experience. When those same parents put on their taxpayers’ hats and view the actions of their government or central bank, the angst and pain are […]
[Yahoo/Bloomberg] Stocks Push Higher After Wall Street’s Dismal Week: Markets Wrap [Yahoo/Bloomberg] Oil Steady as Halt to Polish Pipeline Supply Offsets Rate Fears [Reuters] Boom, bust or a bit of both: US, global economies are a confounding mix [Reuters] BIS urges central banks to ‘get the job done’ [Yahoo/Bloomberg] Don’t Assume Global Central-Bank Aggression […]
[Reuters] Thousands without power as California storms bring rain, snow and cold [Yahoo/Bloomberg] Ukraine Latest: Putin Says Weapons Aid Makes NATO ‘Participant’ [Reuters] Putin casts war as a battle for Russia’s survival [Yahoo/Bloomberg] Emerging Markets Will Have to Weather Another Dollar Hurrah [FT] Record-breaking global bond rally crumbles as fresh inflation fears grip investors [FT] […]
[NPR] Despite high inflation, Americans are spending like crazy – and it’s kind of puzzling [Yahoo/Bloomberg] Debt Restructuring Talks at G-20 Meeting Make Little Headway [Yahoo/Bloomberg] Ukraine Latest: Poland Oil Deliveries Cut; Russia Denies Talks [Reuters] Most G20 nations condemn Russia for war, China silent [Reuters] G20 meeting: Germany regrets China’s position on Ukraine […]
The Heat is On Last week, HAI observed that the S&P 500 had broken below the rising trend channel that defined the rally off December lows. The implication was that the trend break would set up a possible back-test of clustered S&P breakout levels and support zones in the $3,900 to $4,000 range. This week, […]
