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[Reuters] Stocks climb on vaccine hopes, upbeat retail sales data [Reuters] Markets on edge as pandemic resurgence meets U.S. stimulus hopes [Reuters] Oil falls as possible OPEC+ supply boost, COVID-19 spike weigh on sentiment [Reuters] Wheat hits near 6-year high, set for weekly jump as dry weather stokes supply woes [Yahoo/Bloomberg] U.S. Retail Sales Rise […]
US Debt is now over $27 trillion. Congress has completely ignored any debt ceiling or spending limits, with more money printing to come, borrowing $3 trillion in three months. Central banks have printed more than $10 trillion in response to the pandemic. With this record inflationary environment both gold and silver are set for bullish […]
[Yahoo/Bloomberg] Stocks Sink on Despair Over Stimulus, Virus Curbs: Markets Wrap [Reuters] Europe tumbles 2% on COVID curbs and Brexit impasse [Reuters] Oil slides as new lockdown measures threaten demand recovery [CNBC] Jobless claims jump, hitting highest level since mid-August [Yahoo/Bloomberg] Stimulus Doomed by Diverging Goals of Trump, Pelosi, McConnell [AP] Europe reels as it […]
[Reuters] Shares steady with U.S. bank earnings in sight [Reuters] Oil under pressure as coronavirus spike stokes demand concerns [Reuters] U.S. producer prices accelerate in September [CNBC] Mortgage rates set yet another record low, but applications fall [Reuters] After two lost decades, U.S.’s weakest local economies may face worse from pandemic [Reuters] IMF sees debt […]
A monetary tsunami continues to pour over every asset class. Low interest rates are like free money to big institutional investors. Putin claims “shared values,” between Biden/Harris & Communism. The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick The Feigned “Blue Wave” & The Real Fed Wave October 14, 2020 “Maybe we call […]
[Yahoo/Bloomberg] Stocks Edge Lower as Earnings Roll In; Bonds Gain: Markets Wrap [Reuters] Shares struggle as coronavirus overshadows China data [Reuters] U.S. consumer prices slow in September [Reuters] U.S. small business confidence at highest since February [Reuters] Citigroup quarterly profit tumbles on low interest rates, loan demand [CNBC] JPMorgan beats analysts’ profit estimates as the […]
[Reuters] Stimulus bets prop up S&P, Nasdaq [Reuters] Stocks boosted by stimulus hopes and China’s post-holiday surge [Reuters] Yuan set for biggest daily fall since March; dollar index edges up [Reuters] Oil prices extend losses as U.S. producers restore output post-hurricane [Reuters] Senate Republicans will go with Trump on coronavirus stimulus: White House spokeswoman [Yahoo/Bloomberg] […]
[Reuters] Wall Street Week Ahead: U.S. earnings improvement expected, but still a weak quarter [Yahoo Finance] Earnings season starts with big banks: What to know in the week ahead [Yahoo/Bloomberg] The Next Big Shift in Economics Takes Shape Under Covid Shadow [AP] In hurricane-ravaged Louisiana, residents dig out, again [Reuters] Britain is at a coronavirus […]
