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Jay Powell’s “economic pain plan” sent markets reeling after his Jackson Hole speech. This week we discuss the added pressure on all markets from this new change of pace. We will review the price movements of gold, silver, the US Dollar Index, and more. Thanks for listening if you enjoy be sure to subscribe to […]
[Yahoo/Bloomberg] Stocks, Commodities Fall as Growth Concerns Spread: Markets Wrap [Reuters] Stocks slide, dollar spikes as September starts stormy [Yahoo/Bloomberg] European Bonds Extend Losses With Specter of Larger Hike Looming [Yahoo/Bloomberg] Oil Sinks Further to Test OPEC’s Resolve Amid Demand Concerns [Reuters] Yen hits 24-year low, 140 level beckons as hike bets buoy dollar [Yahoo/Bloomberg] […]
[Yahoo/Bloomberg] Stocks Mixed as Dollar, Treasury Yields Advance: Markets Wrap [Reuters] Asia continues global stock slump as Fed tightening fears flare [Reuters] Oil prices fall 3% on recession fears [Yahoo/Bloomberg] China Escalates Currency Defense as Yuan Nears 7 Per Dollar [Reuters] Fed officials see U.S. interest rates rising further [CNBC] Private payrolls grew by just […]
Jay Powell punches the market in the face European energy costs could rise 10-fold this winter Gold up 20% in Yen for the year The Dollar Is Temporarily the Best Horse (In the Glue Factory) August 31, 2022 “Europe, and Germany in particular, is experiencing nothing short of the U.S experience in the 1970s. […]
[Yahoo/Bloomberg] Stocks Up as Post-Powell Slide Subsides: Markets Wrap [Yahoo/Bloomberg] Oil Retreats From Biggest Gain in Six Weeks Amid Supply Angst [Reuters] ECB bets boost euro, dollar slips from 20 year peak [Yahoo/Bloomberg] Global Bond Index Tumbles Toward Bear Market on Powell Pushback [Yahoo/Bloomberg] China Gets More Aggressive in Pushing Back Against Weaker Yuan [CNBC] […]
[Yahoo/Bloomberg] US Stocks Sink, Treasuries Fall as Dollar Climbs: Markets Wrap [Yahoo/Bloomberg] Asian Stocks Near Two-Year Low as Powell Spurs Risk-Off Mood [Yahoo/Bloomberg] Europe’s Benchmark Power Price Breaks 1,000 Euros for First Time [Yahoo/Bloomberg] Oil Edges Higher as Supply Concerns Eclipse Fed’s Rate Stance [CNBC] Bitcoin drops below $20,000 to lowest level since mid-July as […]
[Yahoo/Bloomberg] Stocks Face Another Sharp Slide After Powell’s Hawkish Pivot [Yahoo/Bloomberg] Top Central Bankers Deliver Hawkish Message at Jackson Hole [Reuters] Wall St Week Ahead U.S. summer stock rally at risk as September looms [Yahoo/Bloomberg] US Labor Market Powers Ahead Amid Resilient Demand: Eco Week [Yahoo/Bloomberg] It’s Action Time for ECB With Weak Euro a […]
Jay Mans Up A tip of the hat to Fed Chairman Jerome Powell this week. Friday was his day. In just over eight focused minutes on the mic (versus 30 minutes allotted), Jay Powell was clear, candid, and resolute. Straight out of the gate, Powell stated that, “The Federal Open Market Committee’s (FOMC) overarching focus […]
