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[CNBC] Stocks slip as Trump escalates attack on Fed independence: Live updates [CNBC] Short-term Treasury yields fall, while long-term yields rise after Trump orders removal of Fed’s Cook [Yahoo/Bloomberg] French Market Stress Enters Second Day as Political Fears Mount [Yahoo/Bloomberg] Trump Moves to Fire Fed’s Cook, Setting Up Legal Fight [Axios] Trump ignites Fed war […]
To what extent should laws be enforced? It’s a simple question, but one whose answer has immense ramifications. Between the predictable responses of “fully” and “not at all,” there are myriad answers both stated and unstated—including “until a weightier principle is at stake” and “as much as I say.” (It’s surprising how many people operate […]
[CNBC] Stocks slip after Dow’s record close, traders await Nvidia earnings this week: Live updates [Yahoo/Bloomberg] Bond Market’s Big Powell Rally Needs Supportive Data [Yahoo/Bloomberg] Oil Edges Higher After Fed Signals Possible Interest Rate Cut [Yahoo/Bloomberg] AI Disruption Fear Sparks Investor Scrutiny of Software Stocks [Axios] Wall Street welcomes rate cuts but ignores the risks […]
[Reuters] Wall St Week Ahead Investors zero in on Nvidia results as US tech stocks waver [Yahoo Finance] Nvidia earnings set to test AI trade with stocks near record highs: What to watch this week [Yahoo/Bloomberg] US Inflation to Edge Up as Powell Shifts on Job Market [Politico] Wall Street faces a reckoning in Washington […]
[AP] Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts [Yahoo/Bloomberg] GOP Lawmakers Push for Tariffs Tailored to Help Home-State Firms [AP] Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel [AP] Texas redistricting fight shakes up battle lines for both parties in key US Senate […]
Precious Metals Party Time This week, HAI will be short and to the point. Recent HAI’s have suggested that the Trump administration, given national security necessity, looks very likely to attempt to pursue policy prerogatives that prioritize addressing our most critical, long-ignored national vulnerabilities. Those critical priorities include the revitalization and reshoring of America’s severely atrophied manufacturing […]
The Federal Reserve is under assault. Our nation, as we have known, is under assault. Equities, well, they seemingly couldn’t be chippier. Bloomberg: “Wall Street Gets the Rally Signals From Powell It Was Hoping For.” The Friday rally saw the Nasdaq Bank Index jump 4.5%, the Dow Transports 3.3%, the KBW Bank Index 3.2%, the […]
[CNBC] Stocks rise ahead of Powell’s Jackson Hole speech: Live updates [Yahoo/Bloomberg] Bond Market Rate-Cut Bets Face Powell Reckoning at Jackson Hole [Yahoo/Bloomberg] Default Warnings Start to Pile Up in Private Credit Market [Axios] Trump’s pay-me capitalism puts the squeeze on corporate America [AP] Trump’s crackdown in DC leaves residents on edge as federal agents […]
