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[Yahoo/Bloomberg] Surging Bond Yields Send Nasdaq Tumbling: Markets Wrap [Yahoo/Bloomberg] Traders Weigh Bigger Fed Rate Hike in March as U.S. Yields Soar [Yahoo/Bloomberg] Brent Oil Jumps to Highest Since 2014 as Physical Market Booms [Reuters] Goldman Sachs profit misses estimates on weak equity trading [Yahoo/Bloomberg] PBOC Pledges to Use More Policy Tools, Avoid Credit Collapse […]
[Yahoo/Bloomberg] Stocks, Futures Mixed as Bond Yields March Higher: Markets Wrap [Yahoo/Bloomberg] Global Bonds Under Siege as Treasuries Selloff Spreads [Reuters] Ukraine bonds sink into distress, Russia drops as tensions bite [Yahoo/Bloomberg] Brent Oil’s Rally to Seven-Year High Falters on China Weakness [Reuters] Winter storm slams U.S. East Coast, Canada, thousands of flights canceled [Yahoo/Bloomberg] […]
[Reuters] ‘Upside down again’: Omicron surge roils U.S. small businesses [AP] COVID deaths and cases are rising again at US nursing homes [Reuters] Beijing tightens rules for entering city after Omicron case [Yahoo/Bloomberg] Europe’s Governments Face a Reckoning as Energy Prices Surge [Reuters] Analysis: Physical crude oil market steams ahead after Omicron blip [NYT] Russia […]
[Reuters] U.S. consumer sentiment sours in early January to second lowest level in decade [Reuters] U.S. grocery shortages deepen as pandemic dries supplies [Yahoo/Bloomberg] Meme Stocks, De-SPACS and Biotech Slump in Rough Start to 2022 [AP] Major winter storm: South braces for big blast of snow, ice [Reuters] City of Beijing reports first local Omicron […]
Weekly Prices Due to travel, HAI is limited to price performance only this week. HAI will be back with full commentary next week. Weekly performance: The S&P 500 was down 0.30% this week. Gold was up 1.06%, while the price of silver gained 2.27% on the week. Platinum was up 0.85%, while palladium diverged from […]
“U.S. Inflation Hits 39-Year High of 7%, Sets Stage for Fed Hike.” “Powell Makes Case for Fed Curbing Inflation While Doing No Harm.” “Federal Reserve Is on Top of Inflation, Powell Tells Congress.” “Powell Assures Americans That Fed Will Tackle High Inflation.” “China Home Market Slump Deepens as Prices Fall for Fourth Month.” “The ‘Mother […]
[Yahoo/Bloomberg] U.S. Stocks Fall as Attention Turns to Earnings: Markets Wrap [Reuters] European stocks set for worst week since November on hawkish Fed comments [Yahoo/Bloomberg] Oil Powers Into the New Year as Traders Shrug Off Omicron Impact [Yahoo/Bloomberg] First Lumber. Then Tin. Now the Newest Squeeze Is in Nickel [CNBC] Retail sales dropped 1.9% in […]
Gold up $36, Silver up $1.20, Platinum up 3%, and Dollar down 1.6% since January 4. This week we review the 40-year record inflation numbers amid a weaker dollar. Powell & Biden scramble to address Inflation concerns, of which there is no quick fix. We will cover the price movements of gold, silver, platinum, the […]
