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[Yahoo/Bloomberg] Bond Yields Sink on Recession Fear; Stocks Gain: Markets Wrap [Yahoo/Bloomberg] Global Yields Drop From Multi-Year Highs as Recession Fears Grow [Reuters] Oil rebounds as investors assess recession risks [Reuters] Euro struggles around $1.05 on gloomy PMIs [Reuters] U.S. weekly jobless claims grind lower amid tight labor market [Yahoo/Bloomberg] Wall Street Faces Billion-Dollar Losses […]
Powell’s .75% increase: ain’t Volcker, but it’s somethin’ Europe deploys “anti-fragmentation” grenade China & Empire… Rolls out third aircraft carrier Everything Bubbles & Endless Summers… End June 21, 2022 “We had speculative darlings that got crushed last week, tech and cryptos under the most pressure, 20, 30, 40%, but everything got sold, right? Now […]
[Yahoo/Bloomberg] Stocks Fall With Oil as Recession Fear Spreads: Markets Wrap [Yahoo/Bloomberg] Shrinking Yield Gap Sends Asian Currencies to Multi-Year Lows [Yahoo/Bloomberg] Crude Oil Buckles as Recession Angst Rattles Commodity Investors [Yahoo/Bloomberg] Bitcoin Lingers Around $20,000 Again as Risk-Off Mood Returns [AP] Biden to call for 3-month suspension of gas and diesel taxes [Reuters] U.S. […]
[Yahoo/Bloomberg] Rally Builds After $2 Trillion Wipeout; Yields Up: Markets Wrap [Reuters] Yen dives to new 24-year low vs dollar [Yahoo/Bloomberg] Oil Climbs as Strong Fuel Market Assuages Recession Worries [Yahoo/Bloomberg] Corporate Distress in Europe Hits Highest Since August 2020 [Reuters] Crypto’s latest meltdown leaves punters bruised and bewildered [Reuters] Crypto fears now materialising, central […]
[Yahoo/Bloomberg] European Stocks Gain With US Futures; Dollar Slips: Markets Wrap [Reuters] Stocks stage small bounce as investors weigh cenbanks’ next moves [Reuters] Crypto industry gripped by anxiety as bitcoin wobbles near key $20,000 level [Reuters] Oil wobbles as global economic worries offset tightening supply [Yahoo/Bloomberg] BOJ’s Record $81 Billion Bond Defense Brings Calm to […]
[MSN/WP] Fed’s interest rate hikes may mark start of tough new economic climate [Yahoo/Bloomberg] Shoppers Are Facing Shortages of Beer to Popcorn This Summer [Reuters] NATO warns of long Ukraine war as battles in the east grind on [CNN] Yellowstone River flooding is a 1 in 500-year event, US Geological Survey says [Yahoo/Bloomberg] Bank of […]
One Giant Leap In anticipation of this week’s Federal Reserve FOMC meeting, economist Mohamed El-Erian warned, “I think the Fed is going to have to decide between two policy mistakes.” The decision El-Erian referred to was between a policy option light on inflation fighting that risks higher inflation for longer, or a credible inflation fighting […]
[Reuters] Bitcoin drops below $20,000 to lowest since December 2020 [Yahoo/Bloomberg] Crypto’s Excruciating Week Has Traders Bracing for Next Crisis [Yahoo/Bloomberg] Charting the Global Economy: Fed Leads Barrage of Rate Hikes [MarketWatch] From Great Resignation to Forced Resignation: Tech companies are shifting to layoffs after a huge ramp up in hiring [Reuters] Ukraine’s fight grinds […]
