More
[Yahoo/Bloomberg] Powell’s Fed Rate-Hike Plans Get Jolted by Inflation: Eco Week [Yahoo/Bloomberg] Crypto Extends Tumble Into Weekend After US Inflation Data [Reuters] Beijing’s bar-linked COVID outbreak is ‘ferocious’, official says [Reuters] Russia says it destroyed depot with Western weapons in Ukraine [Reuters] Ukraine grain exports via Poland, Romania face bottlenecks, deputy foreign minister says [Reuters] […]
Recognition Day Due to travel and a family commitment, HAI will offer just prices and a few very brief thoughts this week. For full coverage of the high impact events of this past week, HAI refers the reader to Doug Noland’s Credit Bubble Bulletin. This was an important week in markets, to be sure. The […]
[Reuters] U.S. gasoline average price tops $5 per gallon in historic first [Reuters] Beijing warns of ‘explosive’ COVID outbreak as Shanghai begins mass testing [Reuters] U.S. and allies trade barbs with China, Ukraine dominates Asia security meeting [AP] Ukraine: Russia said to be using more deadly weapons in war [Reuters] Up to 300,000 tonnes of […]
No mincing words; no need for sophisticated prose. The week was ugly. Things look bad. There are elements similar to the year 2000 bursting of the “Dot-com” Bubble. There are parallels to the much more systemic 2008 mortgage finance Bubble collapse. Yet, for me, this week rekindled more distant memories. Surging global bond yields and […]
[Yahoo/Bloomberg] Stocks Drop on Inflation Overshoot: Markets Wrap [Reuters] Oil prices on track for weekly gain amid high U.S. demand [Yahoo/Bloomberg] Europe Bond Risk Gauge Near ‘Danger Zone’ Piles Pressure on ECB [Yahoo/Bloomberg] US Inflation Unexpectedly Accelerates to 40-Year High of 8.6% [CNBC] Inflation rose 8.6% in May, highest since 1981 [Yahoo/Bloomberg] Rout in Bond […]
Gold saw a slight bump up last Thursday, with slow but steady growth, as well as a higher high just above the 382. Silver has come into the 382 fib with slightly higher highs and lows so far in June. We cover the price movements of gold, silver, platinum, and more. Thanks for listening if […]
[Yahoo/Bloomberg] European Bonds Plunge as Euro Heads Higher on ECB: Markets Wrap [Yahoo/Bloomberg] European Gas Soars as Fire in US Compounds Russia Supply Concern [Yahoo/Bloomberg] Oil Fluctuates as New Shanghai Curbs Counter Strong Fuels Market [Yahoo/Bloomberg] ECB Cements July Liftoff With Bond-Buying to End in Three Weeks [Reuters] ECB raises inflation, cuts growth forecasts [Reuters] […]
PHD Central Bankers slapped with “NO Confidence” vote by Bond Markets The FED is 700 basis points behind the curve Trade settlement in Rubles and Yuan up 1067% in 100 days Bond Markets Revolt against Central Banks June 7, 2022 “This notion of no confidence, this notion of fear, I think it has to do […]
