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Weekly Hard Asset Insights By David McAlvany A Confluence of Factors The Federal Reserve’s FOMC meeting this past Wednesday made one thing abundantly clear. In the face of a rapidly reflating economy and increasing inflation, for now, the Fed’s heels are firmly dug into their ultra-accommodative policy stance. The Fed’s position is based on the […]
[Yahoo/Bloomberg] U.S. Stocks Drop Amid Pause for Growth-Led Rally: Markets Wrap [Yahoo/Bloomberg] Oil Slumps With Recent Demand-Led Rally Taking a Breather [Reuters] U.S. labor costs accelerate in the first quarter [Reuters] U.S. consumer spending, income rebound in March [Yahoo/Bloomberg] China’s Factory Outlook Eases as Economic Recovery Moderates [Reuters] China’s factory activity growth slows on supply […]
This week we recap the FOMC meeting from earlier this week. Gold is setting higher highs and higher lows. We explore inflation, the US Dollar, and the redefinition of the “true cost of goods.” This inflationary environment is the perfect case for gold ownership. Thanks for listening, if you enjoy be sure to subscribe to […]
[CNBC] S&P, Nasdaq 100 higher after Apple & Facebook beat estimates [Reuters] Global shares gain lift from Fed, Biden’s stimulus [Reuters] German yields hit one-year high as inflation exceeds ECB target [Yahoo/Bloomberg] Steel Smashes Records as China Intensifies Emissions Crackdown [Yahoo/Bloomberg] U.S. Recovery Gains Steam as Spending Fuels 6.4% GDP Growth [Reuters] U.S. economy accelerates […]
[Yahoo/Bloomberg] Yields Rise With Dollar as Fed, Biden Loom Large: Markets Wrap [Reuters] Dow, Nasdaq lower after tech, Boeing results; Fed in focus [Yahoo/Bloomberg] Fed to Stay Patient as U.S. Outlook Improves: Decision-Day Guide [CNBC] What investors should expect to hear from the Federal Reserve on Wednesday [Reuters] Biden to push trillions in investment, plead […]
Politicians replace central banks with “Fountain Pen Money” A potent cocktail: Inflation & Financial Repression Inflation is a tax on the poor The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick From Helicopter Money To Fire Hose Favoritism April 27, 2021 “Bureaucrats in D.C. and in Brussels and in London, in Berlin, they’re […]
[Reuters] Stocks dip on caution before Fed, earnings [Yahoo/Bloomberg] Huarong Bonds Slump as Fitch Cut Overshadows April Repayments [Yahoo/Bloomberg] Oil Edges Higher With Virus Resurgence Looming Over Market [Yahoo/Bloomberg] Copper Surges Toward $10,000 as Bulls Bet on Global Rebound [CNBC] February home prices see the biggest gain in 15 years, S&P Case-Shiller says [Yahoo/Bloomberg] Home […]
[Yahoo/Bloomberg] Yields Rise on Growth Bets, Dollar Erases Losses: Markets Wrap [Reuters] Stocks slip as investors turn cautious ahead of Fed meeting [Reuters] Corn jumps to 8-year high on tightening world supplies, wheat up 2.4% [Yahoo/Bloomberg] Copper Hits Highest Since 2011 as Global Recovery Powers Metals [Yahoo/Bloomberg] Oil Buckles Under Pressure From India’s Covid-19 Resurgence […]
