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[Yahoo/Bloomberg] U.S. Stocks Steady After Inflation Beats Forecast: Markets Wrap [Reuters] Asian shares edgy amid inflation fears, dollar at one-year high [Reuters] Festering Evergrande contagion worries push China spreads to record [Yahoo/Bloomberg] Coal Rises to Record in China as Floods Keep Supply Tight [Yahoo/Bloomberg] Oil Falls With OPEC Cautious on Demand Outlook [Yahoo/Bloomberg] U.S. Consumer […]
CDS Credit Default Swaps signal acute stress in Chinese bond markets Harry Figgie “Bankruptcy 1995” was early but not wrong Ultra-high inflation will be the result of big, bad debt defaults worldwide Evergrande wants to pay YOU 75% interest! October 13, 2021 “The prop comes at a price, and the price to pay for stability […]
[Yahoo/Bloomberg] Stocks Fluctuate as Traders Weigh Inflation Risks: Markets Wrap [Reuters] Asia shares fall as global energy crunch fuels inflation worries [Yahoo/Bloomberg] Oil Holds Gains With Energy Shortage Boosting Winter Demand [Reuters] Yen slumps as rising energy prices, U.S. yields bite [Reuters] Energy crunch stokes inflation, economic recovery fears [AP] House returns to stave off […]
[Yahoo/Bloomberg] U.S. Stocks Drop as Surging Oil Unsettles Traders: Markets Wrap [Yahoo/Bloomberg] Oil Surges Past $81 With Global Energy Crisis Boosting Demand [Yahoo/Bloomberg] Junk Bonds Extend Drop Amid Default Concerns: Evergrande Update [Reuters] China’s bond markets slump again as new Evergrande deadline passes [Yahoo/Bloomberg] Chinese Builders Scramble for Ways to Avoid Bond Defaults [Yahoo/Bloomberg] Inflation […]
[Yahoo/Bloomberg] Central Bankers Are Spooked by Signs That Inflation Is Lingering for Longer [Yahoo/Bloomberg] Stock Investors Fret Supply Chain Woes Could Knock Earnings [Reuters] No let up in China’s aim to curb tech monopolies, says cbank governor [Yahoo/Bloomberg] BOE’s Saunders Says Markets Right to Price in Quicker Tightening [Reuters] Taiwan won’t be forced to bow […]
Mining For Long-Term Opportunities This week, the precious metals mining stocks outperformed the price of gold. Gold closed the week nearly flat at $1,757, but gold miners, finally showing some life, outperformed gold prices and closed up 5.35% on the week. While this week’s outperformance is a good sign from the mining sector, it’s been […]
[Reuters] Wall St Week Ahead: Energy price spike adds market risk as earnings arrive [Reuters] McConnell says Republicans will not again aid Democrats in raising debt limit [CNBC] Strong wage gains cast doubt that inflation is going away anytime soon [Reuters] Reactions to landmark global corporate tax deal [Yahoo/Bloomberg] BOE’s Bailey Warns of Potentially Damaging […]
Another big miss for non-farm payrolls, with September’s 194,000 jobs gain less than half the 500,000 forecast. But with the Unemployment Rate down to 4.8% and Average Hourly Earnings up 4.6% y-o-y (not to mention almost 11 million job openings), there’s ample evidence that much of the labor market has turned exceptionally tight. The Senate […]
