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Blackstone has to halt redemptions – Price drops 12% GDP boosted by strategic petroleum reserve sales & weapons to Ukraine Send questions for Q&A to [email protected] Fed Pays Banks 3.9% To Not Loan Money! December 7, 2022 “And that’s been the story of this year. Uniformity was the surprise for the 60/40 portfolio because you […]

[Yahoo/Bloomberg] US Stocks Waver as Rate Bets Thrown Into Doubt: Markets Wrap [Yahoo/Bloomberg] Oil Holds Decline After Widespread Market Slump Jolts Sentiment [Reuters] Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’ [CNBC] Jamie Dimon says inflation eroding consumer wealth may cause recession next year [AP] Ukraine leader defiant as drone strikes hit Russia again […]

[Yahoo/Bloomberg] Stocks Slip as Yields Rise, China Optimism Fades: Markets Wrap [Reuters] Gold clings near $1,800 on soft dollar as China relaxes COVID curbs [Yahoo/Bloomberg] Oil Climbs as China Loosens Curbs and OPEC+ Keeps Output Steady [Yahoo/Bloomberg] Global Debt Extends Best Run Since Pre-Covid on China, Fed Bets [Yahoo/Bloomberg] China Stocks Climb, Yuan Rises Past […]

[Reuters] OPEC+ keeps steady policy amid weakening economy, Russian oil cap [Yahoo/Bloomberg] OPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude Markets [Reuters] Russia will not export oil subject to Western price cap, deputy prime minister says [Reuters] Chinese cities ease curbs but full zero-COVID exit seen some way off [CNBC] Manufacturing orders […]

Risky Business This week marked the latest in a consecutive streak of fascinating weeks for markets throughout the remarkable year of 2022. The risk-on rally continued, and inflation data, labor market data, and a gaggle of Fed speakers dominated the headlines. No less than seven Fed speakers took to the microphone this week, including Chairman […]

[Reuters] G7 coalition agrees $60 per barrel price cap for Russian oil [Reuters] Russia says it won’t accept oil price cap and is preparing response [Yahoo/Bloomberg] Fed Could Be Pushed by Overheated Wages to Higher Peak Rates [Yahoo/Bloomberg] Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect [Yahoo/Bloomberg] Ukraine Latest: Kremlin […]
Bloomberg’s Jonathan Ferro: “What is it that Chairman Powell did on Wednesday that you disagree with?” Mohamed El-Erian: “I said it contributed to undue market volatility. It’s the undue part -excessive market volatility. I think, once again, the Fed did not understand the technicals. Once again, the Fed didn’t understand the behavioral aspect of markets. […]

[Yahoo/Bloomberg] Stocks Slump as Hot Jobs Data Boost Bond Yields: Markets Wrap [Yahoo/Bloomberg] Oil Set for Weekly Gain as China Eases Restrictions Before OPEC+ [Yahoo/Bloomberg] US Hiring and Wages Extend Strong Gains, Keeping Pressure on Fed [Reuters] Chinese cities ease COVID curbs as virus keeps spreading [Yahoo/Bloomberg] China’s Central Bank Governor Says Focus Is Now […]