More
Sentiment Index (University of MI) Drops Big Based On Inflation Fears 80% Surveyed Blame Biden for Inflation Kabul Debacle May Trigger a “Wag the Dog” Event America’s Rapid “Mood Ring” Reversal? August 18, 2021 “If you consider the dominoes, and the domino effects on supply chains and ultimately on global GDP, that’s all the market […]
[Yahoo/Bloomberg] U.S. Stocks Choppy Amid Caution Over Covid, Fed: Markets Wrap [Reuters] Stocks, oil and forex steady as markets await U.S. Fed minutes [Yahoo/Bloomberg] Oil Climbs After Four-Day Slump With U.S. Stockpiles in Focus [Reuters] Fed minutes likely to detail bond-buying taper talks, inflation worries [AP] Housing construction slumps 7% in July to 1.53 million […]
[Yahoo/Bloomberg] Stocks Slide on Virus Angst; Dollar Gains: Markets Wrap [Reuters] Asia shares fall as investors eye rising COVID-19 cases, Afghan crisis [Yahoo/Bloomberg] China Tech Stocks Slump as Nation Issues Draft Competition Rules [Yahoo/Bloomberg] Oil Heads for Longest Run of Losses Since March on Virus, Dollar [Reuters] Safe-haven currencies supported on signs on weakening economic […]
[Yahoo/Bloomberg] Stocks Fall as China Data Sour Mood: Markets Wrap [Reuters] Oil prices drop amid faltering demand outlook in China [CNBC] There’s growing support within the Fed to announce the tapering of bond purchases in September [Yahoo/Bloomberg] Democrats’ Debt Dare Risks Shutdown Fight With No Easy Way Out [AP] USDA to permanently boost food stamp […]
[Yahoo Finance] Small biz mood darkens amid ‘roller coaster’ of Delta variant, hiring ‘struggle’ [Yahoo/Bloomberg] Bond Market Like a Coiled Spring Before Long-Awaited Fed Confab [Yahoo/Bloomberg] Junk Bond Issuance to Slow Next Week After Sales Blitz [Yahoo/Bloomberg] China’s New Covid Outbreak Puts Recovery at Risk: Eco Week [Yahoo/Bloomberg] China Bonds Face Week of Reckoning as […]
[Reuters] U.S. consumer sentiment plummets in early August to decade low [Yahoo/Bloomberg] Wall Street Is the Most Bullish on Stocks in Almost Two Decades [Yahoo/Bloomberg] Summers Says ‘Bizarre’ for U.S. to Borrow So Much in Short-Term [Reuters] Mexico logs $10 billion in foreign outflows from debt market, on track for record year [Reuters] Afghan president […]
Weekly Hard Asset Insights By David McAlvany Shifting Sentiment: What’s Really Transitory? It was another active week for markets and market relevant news. The stock market continued to digest corporate earnings, new inflation and consumer sentiment data arrived, Federal Reserve officials talked of tapering, and the potential for a combined $4.5 trillion in fiscal stimulus […]
We shouldn’t read too much into one month of weak Chinese Credit data. July’s growth in Aggregate Financing (system Credit) slumped to $164 billion, almost 40% below estimates, and down from June’s booming $566 billion – to the slowest expansion since covid crisis February 2020. July can be a seasonally weak month for lending, following […]
