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A big week on the inflation front. April CPI was reported up 0.8% versus estimates of 0.2%. And while the 4.2% y-o-y increase was partly a function of the year ago negative CPI prints, it’s worth noting CPI was up 2.1% over just the past four months. “Core” CPI increased a much stronger than expected […]
Rising Tension Despite a strong annualized Q1 GDP of 6.4%, expectations for an even stronger Q2 number, and an economic recovery that is widely considered to be significantly stronger and faster than expectations, the economic news started to sour a bit this week. Building on last Friday’s negative employment report shocker, this week saw weaker […]
[Yahoo/Bloomberg] U.S. Stocks Gain as Inflation Fears Ebb: Markets Wrap [Reuters] Gold rises as dollar retreats after Fed downplays inflation fears [Reuters] German 10-year bond yield set for biggest weekly rise since February [Yahoo/Bloomberg] U.S. Retail Sales Stalled in April After Stimulus-Aided Surge [Reuters] ECB sets stage for crucial June decision on emergency bond buys […]
This week gold marches higher into the 1820’s as inflationary concerns continue to grow. We cover the price movements of gold, silver, platinum, palladium, and the DOW’s substantial drop over the past few days. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious metals price updates and […]
[Yahoo/Bloomberg] U.S. Stocks Gain After Jobless Claims, PPI: Markets Wrap [Reuters] Europe flattened by snowballing global correction [Yahoo/Bloomberg] Oil Falls as Inflation Hits Sentiment and Colonial Pipe Restarts [Reuters] Dollar holds gains after inflation surprise; Aussie dollar extends losses [Yahoo Finance] Bitcoin, Dogecoin sink after Elon Musk walks back Tesla’s support for crypto transactions [AP] […]
[Yahoo/Bloomberg] Stocks Drop, Yields Rise After Inflation Surprise: Markets Wrap [Reuters] Inflation fears stalk stocks [Yahoo/Bloomberg] Taiwan Stocks Sink as Much as 8.6% on Virus Woes, Tech Rout [CNBC] U.S. consumer prices rose 4.2% in April from a year ago, faster than expected [Yahoo/Bloomberg] Transitory or Not, Signs of Inflation Are Roiling Asset Markets [Yahoo/Bloomberg] […]
The bull market is ending and inflation is already here BOA says inflation Q1 has tripled in a year Nation Association Of Realtors sees March price spike as biggest on record The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Swimming in Rough Water the Buffett Way May 11, 2021 “You might want to think […]
[Yahoo/Bloomberg] Tech-Fueled Selloff Goes Global on Inflation Fears: Markets Wrap [Reuters] FANGS and BATS sell-off spooks world stocks [Yahoo/Bloomberg] Oil Declines With Inflation Fears Eroding Market Confidence [Yahoo/Bloomberg] Gold Holds Near Three-Month High as Inflation, Fed in Focus [Yahoo/Bloomberg] Meituan Shares Sink as Much as 9% After Consumer Council Report [Dow Jones] Optimism Among U.S. […]
