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The Everything Bubble Rallies The onset of November ushered in another fascinating week in financial markets. While the turn of the calendar means colderweather, the major US equity markets have caught fire. Each of the major US market indexes closed the week at new all-time highs. The rally in stocks has been indiscriminate. Large caps, […]
[Reuters] U.S. Democrats pass $1 trillion infrastructure bill, ending daylong standoff [AP] Roads, transit, internet: What’s in the infrastructure bill [AP] US employers shrugged off virus and stepped up hiring [AP] Labor shortage tough on employers, boon for job seekers [Reuters] Russian gas flows via Yamal-Europe pipeline to Germany halted again
More evidence this week of a historic mania running unchecked. 1999 was crazy, but at least that mania was relatively contained within Internet and technology stocks. It wasn’t fueled by Trillions of central bank monetary inflation. These days, manias are everywhere – at home and abroad, stocks, bonds, derivatives, crypto, houses, etc. The small cap […]
[Yahoo/Bloomberg] Stocks Rise, Bonds Waver After Jobs Report: Markets Wrap [Reuters] China holds back Asian shares, dollar stands tall [Yahoo/Bloomberg] Kaisa and Major Units Suspend Trading After Missed Payments [Reuters] Chinese developers’ shares, bonds stumble again as Kaisa, units suspended [Yahoo/Bloomberg] China Bonds Advance on PBOC’s $16 Billion Liquidity Injection [Yahoo/Bloomberg] Oil Climbs as Investors […]
Physical demand for silver has held premiums higher than average amid spot price fluctuations. We cover the spot price vs physical demand components within the precious metals markets. We also review the price movements of gold, silver, platinum, the DOW, and more. Thanks for listening if you enjoy be sure to subscribe to our YouTube […]
[Yahoo/Bloomberg] Dollar, Treasuries Rise Amid Post-Fed Reflection: Markets Wrap [Reuters] Stocks rise as Fed tapers without the tantrum, BoE up next [Yahoo/Bloomberg] China’s Developer Bond Slump Deepens as Selling Spreads Onshore [Yahoo/Bloomberg] Rate Hike Jitters Are Sowing Wild Swings in European Bonds [Yahoo/Bloomberg] Oil Rises as Investors Turn Their Focus to Crucial OPEC+ Meeting [Reuters] […]
[Yahoo/Bloomberg] Stocks, Bonds Waver Before Fed Moment of Reckoning: Markets Wrap [Yahoo/Bloomberg] Oil Tumbles as U.S. Piles Pressure Onto OPEC+ for More Barrels [Reuters] U.S. private payrolls rise strongly in October -ADP [Yahoo/Bloomberg] Fed to Taper Bonds, Show Patience on Rates: Decision-Day Guide [CNBC] The Fed is about to set its post-crisis policy course — […]
Fish & eggs up 10% & rent rises 15% Looking now for Mean Reversion of Asset Prices… Really Mean! Read Gold & Economic Freedom: Alan Greenspan – https://www.math.snu.ac.kr/~hichoi/finmath/AlanGreenspan-GoldEconomicFreedom.pdf The Priesthood of Perpetual Growth Is Losing Credibility November 2, 2021 “Yellen is convinced that not only can the government spend well and spend carefully, but […]
