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[Yahoo/Bloomberg] Stocks Rise on Growth Outlook With Jobs in Focus: Markets Wrap [Reuters] Oil up as OPEC+ meets to decide on production policy [Yahoo/Bloomberg] U.S. Jobless Claims Rise as Labor Market Recovery Remains Choppy [Reuters] Asia’s factory recovery picks up but cost pressures emerge [CNBC] China’s central bank warns of a swath of financial risks, […]
[Yahoo/Bloomberg] Yields Gain as Traders Absorb Biden Spending Plan: Markets Wrap [AP] Eager to build infrastructure, Biden plans to tax business [Reuters] Factbox: What’s in Biden’s $2.3 trillion infrastructure plan? [Reuters] Biden proposal: $174 billion for EVs, new funds for renewable power [Reuters] U.S. private payrolls increase in March: ADP [Politico] Biden to unveil $2 […]
When “Con”-fidence reigns, credit flows freely for years Implosion occurs the second confidence is lost Physical gold is immune to leveraged, systemic implosion The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Remember LTCM, Bear Stearns, Lehman? You’d Better March 30, 2021 “Ultimately, a financial asset that is not on someone else’s list […]
[Yahoo/Bloomberg] Treasury Yields Rise With Biden Spending in Focus: Markets Wrap [CNBC] 10-year Treasury yield hits 14-month highs, topping 1.77% [Reuters] Nasdaq down as spike in yields pressures tech stocks [Reuters] Dollar gains as U.S. recovery bets stoke Treasury yields [Yahoo/Bloomberg] Turkish Lira Pares Drop as Central Bank Chief Vows Tight Stance [Yahoo/Bloomberg] New U.S. […]
[Yahoo/Bloomberg] U.S. Stocks Fall as Block Trades Rattle Nerves: Markets Wrap [Reuters] World shares steady as Archegos concerns temper Suez relief [Yahoo/Bloomberg] Oil Rises With Market Eyeing OPEC+ Meeting, Suez Canal Reopening [Yahoo/Bloomberg] Billions in Secret Derivatives at Center of Archegos Blowup [Reuters] Nomura, Credit Suisse warn on losses after Archegos share dump [Yahoo/Bloomberg] Goldman […]
[Yahoo/Bloomberg] Treasuries’ Worst Quarter Since 2016 Ends With Questions Aplenty [Reuters] Tugs, dredgers still struggle to free ship blocking Suez Canal [Yahoo/Bloomberg] Ship’s Front Was Damaged; 350 Vessels Waiting: Suez Update [Yahoo/Bloomberg] ‘Unprecedented’: Wall Street Ponders Goldman’s Block-Trade Spree [AP] Paris doctors warn of catastrophic overload of virus cases [Reuters] Philippines sends fighter aircraft over […]
[AP] Big Tech’s outsized influence draws state-level pushback [Reuters] Salvager hopes to free ship blocking Suez Canal by start of next week [Yahoo/Bloomberg] How a Desert Wind Blew $10 Billion of Global Trade Off Course [Reuters] China sanctions U.S. and Canadian bodies over Xinjiang [Reuters] China’s Jan-Feb industrial profits surge in boost to economic recovery […]
Markets: Risk-on, Risk-off, Risk-maybe On the macro economic front, significant coronavirus concerns have resurfaced again this past week. Germany, Europe’s largest economy, is enduring a third wave of the pandemic. After Covid numbers fell sharply in February, German Health Minister Jens Spahn said new infections are now rising at an “exponential rate.” The renewed concerns […]
