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Wednesday, April 21, 2021

[Yahoo/Bloomberg] Netflix Drags Down Nasdaq; Yields Rise: Markets Wrap [AP] World shares mixed as earnings take center stage [Yahoo/Bloomberg] Oil Drops on Resurgent Virus, Reported Build in U.S. Stockpiles [Reuters] Dollar firm as COVID-19 resurgence hits reflation trades [CNBC] Weekly mortgage demand jumps 8.6% after interest rates fall to a two-month low [AP] Businesses scramble […]

Modern Monetary Practice: The Alluring Tree In The Garden

To register for the McAlvany Wealth Management Tactical Short Q1 Call Click Here Is debt “for the common good” even more noble? The new morality – equal pay with no work Cryptocurrencies react to regulatory vulnerabilities   The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Modern Monetary Practice: The Alluring Tree In The […]

Tuesday, April 20, 2021

[Yahoo/Bloomberg] U.S. Stocks Slump as Virus Hits Travel Stocks: Markets Wrap [Yahoo/Bloomberg] Oil Rises Toward $64 on Anniversary of Historic Crash Below Zero [Yahoo/Bloomberg] SALT Cap Revolt Led by N.Y. Democrats Snarls Biden Spending Plan [Yahoo Finance] Companies can’t stop talking about higher costs: Morning Brief [Yahoo/Bloomberg] Huarong Bonds Drop After Report Regulators Consider Restructuring […]

Monday, April 19, 2021

[Yahoo/Bloomberg] U.S. Stocks Slip From Record Highs; Dollar Falls: Markets Wrap [Reuters] Dollar pinned near one-month low amid subdued U.S. yields [Reuters] Gold firms as softer U.S. dollar, yields lift appeal [Yahoo/Bloomberg] Crypto Stock Mania Tested by Sliding Prices, Bitcoin Slump [Reuters] ‘Our factories are hungry’ – U.S. farm machinery maker faces dearth of components […]

Sunday, April 18, 2021

[Yahoo/Bloomberg] Bitcoin Plunges in Biggest Intraday Drop Since February [Reuters] Bitcoin falls 11.1% to $53,356 [Yahoo/Bloomberg] Historic Oil Glut Amassed During the Pandemic Has Almost Gone [Yahoo/Bloomberg] China to Focus on Domestic Use of Digital FX First, Zhou says [AP] Man-made lakes in U.S. West are projected to shrink to historic lows, possibly triggering first-ever […]

Saturday, April 17, 2021

[Reuters] Wall Street Week Ahead: Tech retakes market lead as investors eye yields, earnings [Reuters] Morgan Stanley picked good time to back bad client [Reuters] Exclusive: China’s Ant explores ways for Jack Ma to exit as Beijing piles pressure – sources [AP] Worldwide COVID-19 death toll tops a staggering 3 million [Reuters] Russia beefs up […]

Another Rough Week for the Dollar – April 16, 2021

Another Rough Week for the Dollar In last week’s HAI, it was noted that the US dollar delivered its worst weekly decline of 2021. This week, the greenback suffered further downside. This weakness raises the question of whether the recent new-year rally in the dollar has run its course. If the dollar’s rally since January […]

April 16, 2021: Haurong

Please join Doug Noland and David McAlvany this Thursday, April 22nd, at 4:00 pm Eastern/ 2:00 pm Mountain time for the Tactical Short Q1 recap conference call, “Contemplating an Inflection Point.” Click here to register.   New data this week confirm the “global government finance Bubble” is alive and unwell. In the past, a $660 […]

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