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The Markets Grow Hopeful As optimism grows around the rapid approval and distribution of a COVID-19 vaccine, the markets grow increasingly confident. They continue to climb the proverbial “wall of worry” despite mixed to weak economic data. The S&P 500 was up 88 basis points, and the Dow Jones Industrial Average was up 83 basis […]
[Yahoo/Bloomberg] Stocks Higher After November Jobs Report: Markets Wrap [Reuters] Dollar hits two-and-a-half-year low on risk-on trades, shares buoyant [CNBC] Employment growth slows sharply in November amid coronavirus surge [Reuters] Analysis: As stocks soar, government shutdown looms amid pandemic [Reuters] U.S. trade deficit widens less than expected in October [Reuters] Global debt to hit $200 […]
The US Dollar sees continued weakness as more of wall street projects an even weaker dollar trajectory into 2021. We cover the price movements of gold, silver, platinum, the DOW, & US Dollar Index in this week’s show. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel for weekly precious […]
[Yahoo/Bloomberg] Global Stocks Edge Up to Record Highs; Dollar Dips: Markets Wrap [Reuters] S&P 500 flat as vaccine cheer offsets high jobless claims [Yahoo/Bloomberg] Dollar Is Dropping to Multi-Year Lows Against Peers, One by One [CNBC] Jobless claims hit pandemic-era low as hiring continues even with rising coronavirus cases [Reuters] Deal on fresh U.S. coronavirus […]
[Yahoo/Bloomberg] U.S. Stocks Dip; Pound Slides on Brexit Angst: Markets Wrap [Reuters] Dollar clambers off two-and-a-half-year low, risk currencies take breather [Reuters] U.S. private payrolls miss expectations in November: ADP [CNBC] Mortgage demand from homebuyers spikes 28%, and the average loan amount sets a record high [AP] ‘Very dark couple of weeks’: Morgues and hospitals […]
Is Bitcoin a momentum trade, a value trade, or both? Digitized Money – Dystopian or Utopian to individual liberty? Gold takes a short recovery break like an athlete, only to grow stronger going forward The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Bitcoin, Marcus Aurelius & The “Essence of the Thing” December […]
[Yahoo/Bloomberg] Stocks Bounce Back; Dollar Slips: Markets Wrap [Reuters] After 4.2 million COVID-19 cases in November, U.S. pins hope on vaccine [CNN] Biden readies major stimulus push and flurry of executive actions in first 100 days [Reuters] Biden to introduce top economic advisers as pandemic threat worsens [Reuters] U.S. congressional hearing likely to spotlight Powell, […]
[CNBC] Stocks fall as Wall Street is set to wrap up a historic November [Reuters] Shares take a breather after stellar month, China data upbeat [Yahoo/Bloomberg] Dollar’s Slump Thrusts Currency Peers to Brink of New Highs [Yahoo/Bloomberg] Oil Retreats on Signs of OPEC+ Discord Ahead of Key Meeting [AP] Congress returns with virus aid, federal […]
